XML 55 R40.htm IDEA: XBRL DOCUMENT v3.6.0.2
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Components of Basic and Diluted EPS
The components of basic and diluted EPS are as follows (in thousands, except share and per share amounts):
 
Year Ended December 31,
 
2016
 
2015
 
2014
Net income
$
10,154

 
$
11,768

 
$
13,502

Less: dividends paid to participating securities
—

 
(18,987
)
 
—

Less: income allocated to participating securities
(12
)
 
—

 
(12,939
)
Net income / (loss) available for common stockholders (A)
$
10,142

 
$
(7,219
)
 
$
563

Weighted average common shares outstanding — basic (B)
45,716,757

 
24,108,362

 
2,276,694

Dilutive effect of stock options and restricted stock units
2,158,765

 
—

 
1,613,427

Weighted average common shares outstanding — diluted (C)
47,875,522

 
24,108,362

 
3,890,121

Net income / (loss) per share:
 
 
 
 
 
Basic (A/B)
$
0.22

 
$
(0.30
)
 
$
0.25

Diluted (A/C)
$
0.21

 
$
(0.30
)
 
$
0.14
Schedule of Securities Excluded from Calculation of Diluted Weighted Average Common Shares Outstanding Due to Anti-dilutive Effect
The following securities have been excluded from the calculation of diluted weighted average common shares outstanding because the effect is anti-dilutive:
 
Year Ended December 31,
 
2016
 
2015
 
2014
Redeemable convertible preferred stock:
 
 
 
 
 
Series A
—

 
—

 
1,998,257

Series B
—

 
—

 
1,809,685

Series B-1
—

 
—

 
82,934

Stock options
197,350

 
522,997

 
219,400

Restricted stock units
25,640

 
—

 
—

Common stock subject to repurchase
29,835

 
96,368

 
209,372