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NET INCOME PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table is a reconciliation of net income and the shares used in calculating basic and diluted net income per common share for the three and nine months ended September 30, 2014 and 2013 (in thousands, except share and per share data):
 
 
Three Months Ended September 30,
 
Nine Months ended September 30,
 
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
 
Net income
 
$
4,284

 
$
5,542

 
$
28,728

 
$
16,166

Denominator:
 
 
 
 
 
 
 
 
Weighted average common shares outstanding – Basic
 
46,197,713

 
45,912,512

 
46,398,644

 
45,865,395

Effect of dilutive shares:
 
 
 
 
 
 
 
 
Common stock equivalents arising from stock options and ESPP
 
286,977

 
494,536

 
359,144

 
500,749

Restricted stock awards and units and performance units
 
149,073

 
187,795

 
198,640

 
181,424

Weighted average common shares outstanding – Diluted
 
46,633,763

 
46,594,843

 
46,956,428

 
46,547,568

Net income per common share:
 
 
 
 
 
 
 
 
Basic
 
$
0.09

 
$
0.12

 
$
0.62

 
$
0.35

Diluted
 
$
0.09

 
$
0.12

 
$
0.61

 
$
0.35