Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three years ended December 31 (in thousands, except per share amounts):

	Years Ended December 31,
	2015		2014		2013
Numerator:
Income from continuing operations	$	42,824	$	29,398	$	5,294
Income from discontinued operations, net of tax	—		61,517		5,493
Net income	$	42,824	$	90,915	$	10,787
Denominator:
Weighted average shares outstanding – basic	27,910		31,475		33,511
Common stock equivalents	280		216		132
Weighted average shares outstanding – diluted	28,190		31,691		33,643
Earnings per share – basic:
From continuing operations	$	1.53	$	0.94	$	0.16
From discontinued operations	—		1.95		0.16
Earnings per share – basic	$	1.53	$	2.89	$	0.32
Earnings per share – diluted:
From continuing operations	$	1.52	$	0.93	$	0.16
From discontinued operations	—		1.94		0.16
Earnings per share – diluted	$	1.52	$	2.87	$	0.32

Summary of Cash Dividends Declared

The following summarizes the cash dividends declared for the three years ended December 31:

	YEARS ENDED DECEMBER 31,
	2015		2014		2013
Cash dividends declared per share	$	0.45	$	0.41	$	0.10