|
The following table sets forth the computation of basic and diluted net income per share:
| |
Three months ended |
|
Six months ended |
| |
June 30, |
|
June 30, |
|
June 30, |
|
June 30, |
| |
2011 |
|
2010 |
|
2011 |
|
2010 |
Numerator: |
|
|
|
|
|
|
|
Numerator for basic and diluted income per share - net income |
$ |
11,969 |
|
$ |
7,912 |
|
$ |
19,838 |
|
$ |
11,331 |
| |
|
|
|
|
|
|
|
|
|
|
|
Denominator (in thousands): |
|
|
|
|
|
|
|
|
|
|
|
Denominator for basic income per share - weighted-average shares |
|
29,337 |
|
|
28,973 |
|
|
29,236 |
|
|
28,962 |
Effect of dilutive stock options and non-vested shares |
|
514 |
|
|
146 |
|
|
382 |
|
|
131 |
Denominator for diluted income per share - adjusted weighted-average shares |
|
29,851 |
|
|
29,119 |
|
|
29,618 |
|
|
29,093 |
Basic net income per share |
$ |
0.41 |
|
$ |
0.27 |
|
$ |
0.68 |
|
$ |
0.39 |
Diluted net income per share |
$ |
0.40 |
|
$ |
0.27 |
|
$ |
0.67 |
|
$ |
0.39 |
|