COMMON STOCK AND EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2013

Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding for the period (excluding unvested restricted shares). Diluted earnings per share reflects the additional dilution for all shares and potential shares issued under the stock incentive plans (including unvested restricted shares).



	Three months ended		Nine months ended
	September 30,	September 30,	September 30,	September 30,
	2013	2012	2013	2012
	(in thousands)
Weighted-average number of common shares outstanding - basic	46,916	46,667	46,882	46,595
Potentially dilutive shares resulting from stock plans	763	372	733	456
Weighted-average number of common shares outstanding - diluted	47,679	47,039	47,615	47,051
Antidilutive equity awards number not included in the weighted-average common shares - diluted	164	606	164	438

Common stock activity for the nine months ended September 30, 2013 and 2012 included the repurchase of 158,234 shares for $2.7 million and 224,459 shares for $3.5 million, respectively. Common stock activity for the first nine months of 2013 also included the exercise of 190,036 options for $2.2 million and the vesting of 111,630 restricted shares. Common stock activity for the first nine months of 2012 also included the exercise of 75,089 options for $0.9 million and the vesting of 467,927 restricted shares.