NET INCOME PER SHARE

3 Months Ended

Mar. 31, 2015

NET INCOME PER SHARE [Abstract]

NET INCOME PER SHARE

(14)NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted shares for the periods indicated (in thousands):

				Three Months Ended March 31,
				2015	2014
Shares used in basic earnings per share calculation				48,370	50,045
	Effect of dilutive securities:
		Stock options		384	411
		Restricted stock units		401	517
		Performance-based restricted stock units		3	-
			Total effects of dilutive securities	788	928
Shares used in dilutive earnings per share calculation				49,158	50,973

For the three months ended March 31, 2015 and 2014, options to purchase 0.1 million and 0.1 million shares of common stock, respectively, were outstanding, but not included in the computation of diluted net income per share because the exercise price exceeded the value of the shares and the effect would have been anti–dilutive. For the three months ended March 31, 2015 and 2014, restricted stock units (“RSUs”) of 0.5 million and 0.3 million, respectively, were outstanding, but not included in the computation of diluted net income per share because the effect would have been anti-dilutive.