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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Reconciliation of Basic and Diluted Income (Loss) Per Share

The following table illustrates the reconciliation of the basic and diluted per share computations (in thousands, except share and per share data):

 

 

 

Year Ended

 

 

Year Ended

 

 

Year Ended

 

 

 

December 31,

 

 

December 31,

 

 

December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

25,625

 

 

$

27,122

 

 

$

133,825

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic

 

 

87,920,230

 

 

 

88,680,322

 

 

 

87,401,123

 

Per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share

 

$

0.29

 

 

$

0.31

 

 

$

1.53

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

25,625

 

 

$

27,122

 

 

$

133,825

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

87,920,230

 

 

 

88,680,322

 

 

 

87,401,123

 

Dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

1,815,489

 

 

 

1,856,707

 

 

 

1,625,668

 

Restricted stock units

 

 

559,466

 

 

 

406,705

 

 

 

311,905

 

Diluted shares outstanding

 

 

90,295,185

 

 

 

90,943,734

 

 

 

89,338,696

 

Per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share

 

$

0.28

 

 

$

0.30

 

 

$

1.50