Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v2.4.0.8
Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 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
 
Six months ended
 
 
June 30,
2014
 
June 30,
2013
 
June 30, 2014
 
June 30, 2013
Numerator:
 
 
 
 
 
 
 
 
Numerator for basic and diluted income per share - net income
 
$
17,178

 
$
13,831

 
$
27,379

 
$
24,685

Denominator (in thousands):
 
 

 
 

 
 
 
 
Denominator for basic income per share - weighted-average shares
 
30,925

 
30,161

 
30,834

 
29,838

Effect of dilutive stock options (in thousands)
 
411

 
476

 
438

 
537

Effect of dilutive performance shares (in thousands)
 
31

 
9

 
43

 
6

Effect of dilutive non-vested shares and deferred stock units (in thousands)
 
41

 
90

 
49

 
96

Denominator for diluted income per share - adjusted weighted-average shares
 
31,408

 
30,736

 
31,364

 
30,477

Basic net income per share
 
$
0.56

 
$
0.46

 
$
0.89

 
$
0.83

Diluted net income per share
 
$
0.55

 
$
0.45

 
$
0.87

 
$
0.81



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:
 
June 30,
2014
 
June 30,
2013
Anti-dilutive stock options (in thousands)
182

 
176

Anti-dilutive performance shares (in thousands)
19

 
—

Total anti-dilutive shares (in thousands)
201

 
176