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Net Income Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2016
Net Income Per Common Share  
Schedule of net income per common share

 

 

The calculation of the weighted average number of shares of common stock outstanding for Basic EPS and Diluted EPS for the periods indicated (in thousands, except per share data) is as follows:

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

    

2016

    

2015

 

Numerator:

 

 

 

 

Net Income

 

$
27,092

 

$
9,620

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 
51,218

 

 
51,457

 

Effect of outstanding share-based awards

 

 
796

 

 
935

 

Weighted average number of shares for diluted net income per common share

 

 
52,014

 

 
52,392

 

 

 

 

 

 

 

 

 

Basic earnings per-share

 

$
0.53

 

$
0.19

 

Diluted earnings per-share

 

$
0.52

 

$
0.18