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Income Per Share
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Income Per Share
Note 4. Income Per Share
 
The following table sets forth the computation of basic and diluted income per share:
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
 
Net income
 
$
25,399

 
$
3,190

 
$
33,137

 
$
11,651

Denominator:
 
 
 
 
 
 
 
 
Denominator for basic income per share -
 
 
 
 
 
 
 
 
Weighted-average shares
 
104,408

 
92,475

 
96,742

 
92,435

 
 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and restricted stock
 
3,263

 
1,067

 
2,789

 
940

 
 
 
 
 
 
 
 

Denominator for diluted income per share -
 
 
 
 
 
 
 

Weighted-average shares and assumed conversions
 
107,671

 
93,542

 
99,531

 
93,375

 
 
 
 
 
 
 
 
 
Net income per common share – basic
 
$
0.24

 
$
0.03

 
$
0.34

 
$
0.13

 
 
 
 
 
 
 
 
 

Net income per common share – diluted
 
$
0.24

 
$
0.03

 
$
0.33

 
$
0.12