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NET INCOME PER SHARE (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Net Income Per Share
Basic and diluted net income per share was as follows:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands, except per share amounts)
Basic net income per share:
 
 
 
 
 
 
 
Net income from continuing operations
$
12,755

 
$
12,020

 
$
26,173

 
$
23,752

Net loss from discontinued operations

 
(7,022
)
 

 
(10,370
)
Net income
$
12,755

 
$
4,998

 
$
26,173

 
$
13,382

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
37,196

 
33,032

 
37,037

 
32,884

 
 
 
 
 
 
 
 
Basic net income per common share from continuing operations
$
0.34

 
$
0.36

 
$
0.71

 
$
0.72

Basic net loss per common share from discontinued operations

 
(0.21
)
 

 
(0.32
)
Basic net income per common share
$
0.34

 
$
0.15

 
$
0.71

 
$
0.40

 
 
 
 
 
 
 
 
Diluted net income per share:
 
 
 
 
 
 
 
Net income from continuing operations
$
12,755

 
$
12,020

 
$
26,173

 
$
23,752

Net loss from discontinued operations

 
(7,022
)
 

 
(10,370
)
Net income
$
12,755

 
$
4,998

 
$
26,173

 
$
13,382

 
 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
37,196

 
33,032

 
37,037

 
32,884

Effect of dilutive securities:
 
 
 
 
 
 
 
2016 Convertible notes and warrants
1,598

 
477

 
1,125

 
268

Stock options and restricted stock
561

 
430

 
609

 
492

Weighted average common shares for diluted earnings per share
39,355

 
33,939

 
38,771

 
33,644

 
 
 
 
 
 
 
 
Diluted net income per common share from continuing operations
$
0.32

 
$
0.35

 
$
0.68

 
$
0.71

Diluted net loss per common share from discontinued operations

 
(0.21
)
 

 
(0.31
)
Diluted net income per common share
$
0.32

 
$
0.14

 
$
0.68

 
$
0.40