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NET INCOME PER SHARE OF COMMON STOCK
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
NET INCOME PER SHARE OF COMMON STOCK
NOTE 6: NET INCOME PER SHARE OF COMMON STOCK

Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during each period. Diluted net income per share is computed based on the weighted average number of shares of common stock outstanding during each period, plus dilutive potential shares of common stock considered outstanding during the period, in accordance with FASB ASC No. 260, “Earnings Per Share.”

 

     Three months ended
March 31,		  
     2017
(unaudited)		      2016
(unaudited)		  

Numerator:

      

Net income

    $ 4,107      $ 1,800  
  

 

 

     

 

 

  

Denominator (in thousands):

      

Basic weighted-average common stock outstanding

      21,398        20,520  

Effect of stock -based awards

      789        406  
  

 

 

     

 

 

  

Diluted weighted average common stock outstanding

      22,187        20,926  
  

 

 

     

 

 

  

Basic and diluted net income per share

    $ 0.19      $ 0.09  
  

 

 

     

 

 

  

 

The weighted average number of shares related to outstanding equity-based awards excluded from the calculation of diluted net income per share, since their effect was anti-dilutive, was 104,000 and 755,182 shares for the three months ended March 31, 2017 and 2016, respectively.