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]  
Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share:
 
 
Three months ended
 
Six months ended
 
 
June 30,
2019
 
June 30,
2018
 
June 30,
2019
 
June 30,
2018
Numerator:
 
 
 
 
 
 
 
 
Net income and comprehensive income
 
$
22,330

 
$
24,298


$
40,737


$
42,038

Income allocated to participating securities
 
(251
)
 
(209
)

(459
)

(359
)
Numerator for basic and diluted income per share - net income
 
$
22,079

 
$
24,089

 
$
40,278

 
$
41,679

Denominator:
 
 

 
 

 
 
 
 
Denominator for basic income per share - weighted-average shares
 
28,268

 
29,169

 
28,421

 
29,288

Effect of dilutive stock options
 
77

 
74

 
76

 
71

Effect of dilutive performance shares
 
28

 
29

 
34

 
32

Denominator for diluted income per share - adjusted weighted-average shares
 
28,373

 
29,272

 
28,531

 
29,391

Basic net income per share
 
$
0.78

 
$
0.83

 
$
1.42

 
$
1.42

Diluted net income per share
 
$
0.78

 
$
0.82

 
$
1.41

 
$
1.42



The number of instruments that could potentially dilute net income per basic share in the future, but that were not included in the computation of net income per diluted share because to do so would have been anti-dilutive for the periods presented, are as follows:
 
June 30, 2019
 
June 30, 2018
Anti-dilutive stock options
194

 
82

Anti-dilutive performance shares

 
15

Anti-dilutive non-vested shares and deferred stock units

 
5

Total anti-dilutive shares
194

 
102