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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The table below sets forth the reconciliation between net income and the weighted average shares outstanding used for calculating basic and diluted EPS for the three and nine months ended September 30, 2015 and 2014:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Earnings (numerator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

2,837

 

 

$

19,427

 

 

$

29,047

 

 

$

47,014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

48,586

 

 

 

47,548

 

 

 

48,114

 

 

 

47,047

 

Dilutive effect of stock options and stock awards outstanding

 

978

 

 

 

1,188

 

 

 

1,237

 

 

 

1,338

 

Adjusted weighted average common shares outstanding (diluted)

 

49,564

 

 

 

48,736

 

 

 

49,351

 

 

 

48,385

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.06

 

 

$

0.41

 

 

$

0.60

 

 

$

1.00

 

Diluted

$

0.06

 

 

$

0.40

 

 

$

0.59

 

 

$

0.97