Quarterly report pursuant to Section 13 or 15(d)

Net Income per Share (Tables)

v3.7.0.1
Net Income per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income Per Share
The following table presents the calculation of basic and diluted net income per share:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income
$
6,213

 
$
2,083

 
$
14,408

 
$
5,079

Denominator:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Weighted average common shares used in computing basic net income per share
79,018

 
76,363


78,642


76,509

Diluted:
 
 
 
 
 
 
 
Add weighted average effect of dilutive securities:
 
 
 
 
 
 
 
Stock options and restricted stock
2,907

 
798

 
3,002

 
611

Weighted average common shares used in computing diluted net income per share
81,925

 
77,161


81,644


77,120

Net income per share:
 
 
 
 
 
 
 
Basic
$
0.08

 
$
0.03

 
$
0.18

 
$
0.07

Diluted
$
0.08

 
$
0.03

 
$
0.18

 
$
0.07