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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
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:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Earnings (numerator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

25,068

 

 

$

13,179

 

 

$

43,594

 

 

$

14,396

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

49,680

 

 

 

48,518

 

 

 

49,509

 

 

 

48,418

 

Dilutive effect of stock options and stock awards outstanding

 

1,112

 

 

 

1,426

 

 

 

1,218

 

 

 

1,389

 

Adjusted weighted average common shares outstanding (diluted)

 

50,792

 

 

 

49,944

 

 

 

50,727

 

 

 

49,807

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.50

 

 

$

0.27

 

 

$

0.88

 

 

$

0.30

 

Diluted

$

0.49

 

 

$

0.26

 

 

$

0.86

 

 

$

0.29

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and stock awards excluded from EPS

  calculation because the effect would be anti-dilutive

 

24

 

 

 

854

 

 

 

13

 

 

 

801