Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share

v2.4.0.8
Net Income Per Share
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share:
 
 
Three months ended
 
Nine months ended
 
 
September 30,
2014
 
September 30,
2013
 
September 30, 2014
 
September 30, 2013
Numerator:
 
 
 
 
 
 
 
 
Numerator for basic and diluted income per share - net income
 
$
16,744

 
$
14,197

 
$
44,123

 
$
38,882

Denominator (in thousands):
 
 

 
 

 
 
 
 
Denominator for basic income per share - weighted-average shares
 
30,415

 
30,374

 
30,710

 
30,017

Effect of dilutive stock options (in thousands)
 
418

 
447

 
431

 
512

Effect of dilutive performance shares (in thousands)
 
37

 
13

 
41

 
9

Effect of dilutive non-vested shares and deferred stock units (in thousands)
 
62

 
152

 
52

 
139

Denominator for diluted income per share - adjusted weighted-average shares
 
30,932

 
30,986

 
31,234

 
30,677

Basic net income per share
 
$
0.55

 
$
0.47

 
$
1.44

 
$
1.30

Diluted net income per share
 
$
0.54

 
$
0.46

 
$
1.41

 
$
1.27



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:
 
September 30,
2014
 
September 30,
2013
Anti-dilutive stock options (in thousands)
108

 
186

Anti-dilutive performance shares (in thousands)
—

 
—

Total anti-dilutive shares (in thousands)
108

 
186