Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v2.4.0.8
Net Income Per Share (Tables)
 3 Months Ended
Mar. 31, 2014
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
 
 
March 31,
2014
 
March 31,
2013
Numerator:
 
 
 
 
Numerator for basic and diluted income per share - net income
 
$
10,202

 
$
10,855

Denominator (in thousands):
 
 

 
 

Denominator for basic income per share - weighted-average shares
 
30,732

 
29,511

Effect of dilutive stock options (in thousands)
 
466

 
606

Effect of dilutive performance shares (in thousands)
 
58

 
53

Effect of dilutive non-vested shares and deferred stock units (in thousands)
 
58

 
94

Denominator for diluted income per share - adjusted weighted-average shares
 
31,314

 
30,264

Basic net income per share
 
$
0.33

 
$
0.37

Diluted net income per share
 
$
0.33

 
$
0.36



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:
 
March 31,
2014
 
March 31,
2013
Anti-dilutive stock options (in thousands)
160

 
150

Anti-dilutive performance shares (in thousands)
14

 
16

Total anti-dilutive shares (in thousands)
174

 
166