Quarterly report pursuant to Section 13 or 15(d)

Net Income per Share (Tables)

v3.19.2
Net Income per Share (Tables)
6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
(in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income
$
15,063

 
$
8,479

 
$
26,335

 
$
19,380

Denominator:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Weighted average common shares used in computing basic net income per share
91,914

 
85,124


91,703


83,156

Diluted:
 
 
 
 
 
 
 
Add weighted average effect of dilutive securities:
 
 
 
 
 
 
 
Stock options and restricted stock
1,422

 
2,474

 
1,474

 
2,310

Convertible Notes and Warrants
2,933

 
2,116

 
2,572

 
1,720

Contingently issuable shares in connection with our acquisitions
224

 
291

 
287

 
146

Weighted average common shares used in computing diluted net income per share
96,493


90,005


96,036


87,332

Net income per share:
 
 
 
 
 
 
 
Basic
$
0.16

 
$
0.10

 
$
0.29

 
$
0.23

Diluted
$
0.16

 
$
0.09

 
$
0.27

 
$
0.22