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Earnings Per Share - (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table sets forth the weighted average number of stock options and restricted stock units that have been excluded from the calculation of diluted earnings per share as their effect would have been antidilutive:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Stock options

 

 

 

 

 

 

 

 

 

 

 

52

 

Restricted stock units

 

 

2

 

 

 

 

 

 

9

 

 

 

 

Total

 

 

2

 

 

 

 

 

 

9

 

 

 

52

 

 

Schedule of Earnings Per Share, Basic and Diluted

The Company’s basic and diluted earnings per share amounts are as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

17,369

 

 

$

9,286

 

 

$

33,713

 

 

$

30,826

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share - weighted average shares

   outstanding

 

 

31,571

 

 

 

30,988

 

 

 

31,455

 

 

 

31,082

 

Effect of potential dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee stock options and restricted stock

   units - dilutive shares

 

 

599

 

 

 

471

 

 

 

669

 

 

 

435

 

Convertible senior notes - dilutive shares

 

 

 

 

 

 

 

 

 

 

 

138

 

Warrant - dilutive shares

 

 

 

 

 

 

 

 

2

 

 

 

 

Diluted earnings per share - weighted average shares

   outstanding

 

 

32,170

 

 

 

31,459

 

 

 

32,126

 

 

 

31,655

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.55

 

 

$

0.30

 

 

$

1.07

 

 

$

0.99

 

Diluted

 

$

0.54

 

 

$

0.30

 

 

$

1.05

 

 

$

0.97