Net Profit Per Share

3 Months Ended

Mar. 31, 2016

Net Profit Per Share

Net Income Per Share

Basic net income per share is computed using the weighted average number of shares of common stock outstanding during the period. Diluted net income per share is computed using the weighted average number of shares of common stock, adjusted for any dilutive effect of potential common stock. Potential common stock, computed using the treasury stock method, includes RSU, MSU, stock options and ESPP.

The following table sets forth the computation of basic and diluted net income per share attributable to common stock (in thousands, except per share amounts):

	Three Months Ended, March 31,
	2016		2015
Numerator:
Net income	$	40,546	$	36,177
Denominator:
Weighted-average common shares outstanding, basic	79,831		80,459
Dilutive effect of potential common stock	1,489		1,365
Total shares, diluted	81,320		81,824
Net income per share, basic	$	0.51	$	0.45
Net income per share, diluted	$	0.50	$	0.44

For the three months ended March 31, 2016 and 2015, the anti-dilutive effect from RSU, MSU and ESPP was not material.