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Net Income Per Share
9 Months Ended
Sep. 30, 2013
Net Income Per Share  
Net Income Per Share

(11)              Net Income Per Share

 

The following table reflects, for the three and nine months ended September 30, 2013 and 2012, net income (the numerator) and average shares outstanding (the denominator) for the basic and diluted net income per share computations:

 

 

 

Three months ended
September 30

 

Nine months ended
September 30

 

(In thousands, except per share data)

 

2013

 

2012

 

2013

 

2012

 

Net income

 

$

7,682

 

$

6,682

 

$

20,857

 

$

19,287

 

Average shares outstanding

 

14,408

 

13,883

 

14,144

 

13,867

 

Dilutive securities

 

148

 

83

 

84

 

62

 

 

 

 

 

 

 

 

 

 

 

Average shares outstanding including dilutive securities

 

14,556

 

13,966

 

14,228

 

13,929

 

 

 

 

 

 

 

 

 

 

 

Net income per share, basic

 

$

0.53

 

$

0.48

 

$

1.47

 

$

1.39

 

Net income per share, diluted

 

$

0.53

 

$

0.48

 

$

1.47

 

$

1.38