NET INCOME PER SHARE OF COMMON STOCK (Tables)

6 Months Ended

Jun. 30, 2017

Calculation of Basic and Diluted Net Income Per Share

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.”


	Six months ended June 30,				Three months ended June 30,
	2017		2016		2017		2016
	(unaudited)		(unaudited)		(unaudited)		(unaudited)
Numerator:
Net income	$	8,015	$	4,511	$	3,908	$	2,711

Denominator (in thousands):
Basic weighted-average common stock outstanding		21,556		20,562		21,712		20,604
Effect of stock -based awards		820		587		851		767

Diluted weighted average common stock outstanding		22,376		21,149		22,563		21,371

Basic net income per share	$	0.37	$	0.22	$	0.18	$	0.13

Diluted net income per share	$	0.36	$	0.21	$	0.17	$	0.13