Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Reconciliation of the Numerator and Denominator of Basic and Diluted Earnings Per Share

Following is a reconciliation of the numerator and denominator of basic and diluted earnings per share for the three and nine months ended September 30, 2019 and 2018:

(In thousands except per share data)	Three Months Ended September 30,					Nine Months Ended September 30,
	2019			2018		2019			2018
Numerator:
Income from continuing operations    - numerator for earnings per share	$	13,920		$	25,357	$	36,271		$	69,375
Income from discontinued operations    - numerator for earnings per share		—			—		—			901
Net income allocated to unvested restricted stock		(63	)		—		(140	)		—
Net income allocated to shares of Common Stock	$	13,857		$	25,357	$	36,131		$	70,276
Denominator:
Shares used for basic income per share		47,923			40,010		45,996			39,898
Effect of dilutive stock options and    restricted stock units outstanding:
Non-qualified stock options		64			242		94			277
Restricted stock units		597			263		495			333
Market stock units		—			468		—			497
Warrants related to Cash Convertible Notes		—			1,844		—			2,229
Shares used for diluted income per share		48,584			42,827		46,585			43,234
Earnings per share - basic:
Continuing operations	$	0.29		$	0.63	$	0.79		$	1.74
Discontinued operations	$	—		$	—	$	—		$	0.02
Net income	$	0.29		$	0.63	$	0.79		$	1.76
Earnings per share - diluted:
Continuing operations	$	0.29		$	0.59	$	0.78		$	1.60
Discontinued operations	$	—		$	—	$	—		$	0.02
Net income	$	0.29		$	0.59	$	0.78		$	1.63
Dilutive securities outstanding not included in the    computation of earnings per share    because their effect is anti-dilutive:
Non-qualified stock options		70			81		74			47
Restricted stock units		276			47		207			34
Restricted stock awards		156			—		94			—