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THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2016
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):
 
   
Three months ended
  
   
March 31,   
  
   
2016
    
2015
  
Numerator:
            
Net income
  
$
12,894
    
$
8,941
  
Less: Income allocated to participating securities
    
(120
)
    
(85
)
Net income available to common stockholders
  
$
12,774
    
$
8,856
  
Denominator:
                
Weighted average shares - basic
    
65,739
      
65,387
  
Performance-based restricted stock awards
    
-
      
-
  
Weighted average shares - diluted
    
65,739
      
65,387
  
                 
Basic net income per share:
                
Net income
  
$
0.19
    
$
0.14
  
                 
Diluted net income per share:
                
Net income
  
$
0.19
    
$
0.14