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NET INCOME PER SHARE (Tables)
6 Months Ended
Jun. 30, 2017
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,
 
2017
 
2016
 
2017
 
2016
 
(In thousands, except per share amounts)
Basic net income per share:
 
 
 
 
 
 
 
Net income
$
10,835

 
$
12,755

 
$
17,230

 
$
26,173

Weighted average common shares outstanding
76,213

 
74,392

 
75,487

 
74,074

Basic net income per common share
$
0.14

 
$
0.17

 
$
0.23

 
$
0.35

 
 
 
 
 
 
 
 
Diluted net income per share:
 
 
 
 
 
 
 
Net income
$
10,835

 
$
12,755

 
$
17,230

 
$
26,173

 
 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
76,213

 
74,392

 
75,487

 
74,074

Effect of dilutive securities:
 
 
 
 
 
 
 
2016 Convertible notes

 
2,285

 

 
1,796

Warrants
1,589

 
911

 
1,864

 
454

Stock options and restricted stock
1,161

 
1,122

 
1,352

 
1,218

Weighted average common shares for diluted earnings per share
78,963

 
78,710

 
78,703

 
77,542

 
 
 
 
 
 
 
 
Diluted net income per common share
$
0.14

 
$
0.16

 
$
0.22

 
$
0.34