Quarterly report pursuant to Section 13 or 15(d)

Net Income per Share (Tables)

v3.19.1
Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2019
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,
 
2019
 
2018
 
(in thousands, except per share amounts)
Numerator:
 
 
 
Net income
$
11,272

 
$
10,901

Denominator:
 
 
 
Basic:
 
 
 
Weighted average common shares used in computing basic net income per share
91,490

 
81,166

Diluted:
 
 
 
Add weighted average effect of dilutive securities:
 
 
 
Stock options and restricted stock
1,509

 
2,332

Convertible Notes
2,207

 
1,319

Contingently issuable shares in connection with our acquisitions
355

 

Weighted average common shares used in computing diluted net income per share
95,561


84,817

Net income per share:
 
 
 
Basic
$
0.12

 
$
0.13

Diluted
$
0.12

 
$
0.13