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Net Income Per Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share
Basic net income per share is computed by dividing net income for the period by the weighted-average number of shares outstanding during the period, less shares subject to repurchase. Diluted net income per share is computed by dividing net income for the period by the weighted-average number of shares, less shares subject to repurchase, plus, if dilutive, potential common stock outstanding during the period. Potential common stock includes the effect of outstanding dilutive stock options, restricted stock awards and restricted stock units computed using the treasury stock method. Since the impact is anti-dilutive, these shares were excluded from the calculations of diluted net income per share.
The calculation of basic and diluted net income per share is as follows:
 
Year Ended
 
December 31,
2014
 
December 31,
2013
 
December 31,
2012
 
(In thousands, except per share data)
Net income
$
30,518

 
$
23,979

 
$
16,178

Weighted-average shares outstanding — basic
35,650

 
34,736

 
33,307

Add: Dilutive effect of employee stock plans
972

 
1,041

 
906

Weighted-average shares outstanding — diluted
36,622

 
35,777

 
34,213

Net income per share — basic
$
0.86

 
$
0.69

 
$
0.49

Net income per share — diluted
$
0.83

 
$
0.67

 
$
0.47

Anti-dilutive weighted-average shares related to stock award plans
640

 
850

 
2,149