NET INCOME PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 2018

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

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 six months ended June 30, 2018 and 2017 (in thousands, except share and per share data):

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
Numerator:
Net income	$	10,814		$	47,187		$	16,773		$	57,552
Adjustment for Basic EPS:
Earnings allocated to unvested shareholders		(122	)		(727	)		(217	)		(972	)
Adjusted net income	$	10,692		$	46,460		$	16,556		$	56,580
Denominator:
Weighted average common shares outstanding – Basic		46,868,999			46,742,746			46,826,314			46,702,376
Effect of dilutive shares:
Common stock equivalents arising from stock    options and ESPP		709			1,450			1,237			2,324
Restricted stock awards and units and performance    units		31,390			66,042			45,558			76,420
Weighted average common shares    outstanding – Diluted		46,901,098			46,810,238			46,873,109			46,781,120
Net income per common share:
Basic	$	0.23		$	0.99		$	0.35		$	1.21
Diluted	$	0.23		$	0.99		$	0.35		$	1.21