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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2016
Adjustments to Unaudited Selected Quarterly Data Previously Reported Resulted from Adoption of New Standards

Adoption of the new standard also resulted in adjustments to our unaudited selected quarterly data previously reported for fiscal year 2016 as follows:

 

     Three Months Ended  
(Dollars in thousands)    March 31, 2016     June 30, 2016     September 30, 2016  
     As
Reported
    As
Adjusted
    As
Reported
    As
Adjusted
    As
Reported
    As
Adjusted
 

Unaudited condensed consolidated statements of operations data:

            

Income before provision for income taxes

   $ 13,493     $ 13,493     $ 5,498     $ 5,498     $ 5,515     $ 5,515  

Provision for income taxes

   $ 4,488     $ 3,093     $ 1,851     $ 962     $ 3,097     $ 2,214  

Net income

   $ 9,005     $ 10,400     $ 3,647     $ 4,536     $ 2,418     $ 3,301  

Effective tax rate

     33.3     22.9     33.7     17.5     56.2     40.1

Earnings per share:

            

Basic

   $ 0.12     $ 0.14     $ 0.05     $ 0.06     $ 0.03     $ 0.04  

Diluted

   $ 0.11     $ 0.13     $ 0.05     $ 0.06     $ 0.03     $ 0.04  

Weighted-average number of common shares outstanding:

            

Diluted

     78,878       79,235       78,969       79,422       79,082       79,548  

 

     Three Months Ended     Six Months Ended     Nine Months Ended  
(in thousands)    March 31, 2016     June 30, 2016     September 30, 2016  
     As
Reported
    As
Adjusted
    As
Reported
    As
Adjusted
    As
Reported
    As
Adjusted
 

Unaudited condensed consolidated statements of cash flows data:

            

Net cash provided by operating activities

   $ 8,642     $ 10,040     $ 9,299     $ 11,569     $ 17,396     $ 20,556  

Net cash used in financing activities

   $ (18,424   $ (19,822   $ (29,396   $ (31,666   $ (39,871   $ (43,031