The following table sets forth the computation of basic and diluted net income per share:
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Three months ended |
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March 31, 2012 |
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March 31, 2011 |
Numerator: |
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Numerator for basic and diluted income per share - net income |
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$ |
10,273 |
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$ |
7,869 |
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Denominator (in thousands): |
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Denominator for basic income per share - weighted-average shares |
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28,692 |
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29,135 |
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Effect of dilutive stock options and non-vested shares |
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671 |
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|
236 |
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Denominator for diluted income per share - adjusted weighted-average shares |
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29,363 |
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29,371 |
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Basic net income per share |
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$ |
0.36 |
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$ |
0.27 |
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Diluted net income per share |
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$ |
0.35 |
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$ |
0.27 |
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