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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
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 months and six ended June 30, 2016 and 2015:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Earnings (numerator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

5,752

 

 

$

15,078

 

 

$

4,019

 

 

$

26,210

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

48,383

 

 

 

48,076

 

 

 

48,336

 

 

 

47,872

 

Dilutive effect of stock options and stock awards outstanding

 

1,117

 

 

 

1,174

 

 

 

1,044

 

 

 

1,219

 

Adjusted weighted average common shares outstanding (diluted)

 

49,500

 

 

 

49,250

 

 

 

49,380

 

 

 

49,091

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.12

 

 

$

0.31

 

 

$

0.08

 

 

$

0.55

 

Diluted

$

0.12

 

 

$

0.31

 

 

$

0.08

 

 

$

0.53