Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v2.4.1.9
Net Income Per Share (Tables)
 3 Months Ended
Mar. 31, 2015
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,
2015
 
March 31,
2014
Numerator:
 
 
 
 
Net income and comprehensive income
 
$
4,837

 
$
10,202

Income allocated to participating securities
 
(33
)
 
—

Numerator for basic and diluted income per share - net income
 
$
4,804

 
$
10,202

Denominator (in thousands):
 
 

 
 

Denominator for basic income per share - weighted-average shares
 
30,575

 
30,732

Effect of dilutive stock options (in thousands)
 
365

 
524

Effect of dilutive performance shares (in thousands)
 
41

 
58

Denominator for diluted income per share - adjusted weighted-average shares
 
30,981

 
31,314

Basic net income per share
 
$
0.16

 
$
0.33

Diluted net income per share
 
$
0.16

 
$
0.33



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,
2015
 
March 31,
2014
Anti-dilutive stock options (in thousands)
151

 
160

Anti-dilutive performance shares (in thousands)
15

 
14

Total anti-dilutive shares (in thousands)
166

 
174