Quarterly report pursuant to Section 13 or 15(d)

Net Income per Share (Tables)

v3.8.0.1
Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2018
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 March 31,
 
2018
 
2017
 
(in thousands, except per share amounts)
Numerator:
 
 
 
Net income
$
10,901

 
$
8,195

Denominator:
 
 
 
Basic:
 
 
 
Weighted average common shares used in computing basic net income per share
81,166


78,263

Diluted:
 
 
 
Add weighted average effect of dilutive securities:
 
 
 
Stock options and restricted stock
2,332

 
3,123

Convertible Notes
1,319

 

Weighted average common shares used in computing diluted net income per share
84,817


81,386

Net income per share:
 
 
 
Basic
$
0.13

 
$
0.10

Diluted
$
0.13

 
$
0.10