Quarterly report pursuant to Section 13 or 15(d)

Net Income per Share (Tables)

v3.10.0.1
Net Income per Share (Tables)
9 Months Ended
Sep. 30, 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 September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
 
(in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income
$
9,073

 
$
6,834

 
$
28,453

 
$
21,242

Denominator:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Weighted average common shares used in computing basic net income per share
91,222

 
79,838


85,874


79,045

Diluted:
 
 
 
 
 
 
 
Add weighted average effect of dilutive securities:
 
 
 
 
 
 
 
Stock options and restricted stock
2,300

 
2,922

 
2,305

 
3,006

Convertible Notes and Warrants
2,725

 

 
2,059

 

Contingently issuable shares in connection with our acquisitions
343

 

 
213

 

Weighted average common shares used in computing diluted net income per share
96,590


82,760


90,451


82,051

Net income per share:
 
 
 
 
 
 
 
Basic
$
0.10

 
$
0.09

 
$
0.33

 
$
0.27

Diluted
$
0.09

 
$
0.08

 
$
0.31

 
$
0.26