Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2017

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				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
Numerator:
Net Income	$	50,477	$	40,244	$	85,263	$	67,336
Denominator:
Weighted average number of common shares outstanding		51,751		51,418		51,785		51,318
Effect of outstanding share-based awards		1,226		776		1,305		786
Weighted average number of shares for diluted net income per common share		52,977		52,194		53,090		52,104
Basic earnings per share	$	0.98	$	0.78	$	1.65	$	1.31
Diluted earnings per share	$	0.95	$	0.77	$	1.61	$	1.29