Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.20.1
Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2020
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,
2020
 
March 31,
2019
Numerator:
 
 
 
Net income and comprehensive income
$
8,375

 
$
18,407

Income allocated to participating securities
(67
)
 
(208
)
Numerator for basic and diluted income per share - net income
$
8,308

 
$
18,199

Denominator:
 

 
 

Denominator for basic income per share - weighted-average shares
27,846

 
28,530

Effect of dilutive stock options
55

 
76

Effect of dilutive performance shares
47

 
42

Denominator for diluted income per share - adjusted weighted-average shares
27,948

 
28,648

Basic net income per share
$
0.30

 
$
0.64

Diluted net income per share
$
0.30

 
$
0.64



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:

Three months ended

March 31,
2020

March 31,
2019
Anti-dilutive stock options
203

 
195

Anti-dilutive performance shares
24

 
8

Anti-dilutive non-vested shares and deferred stock units
75

 

Total anti-dilutive shares
302

 
203