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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

 

     For the Three Months Ended  
     March 31,  
     2014      2013  

Numerator:

     

Net income

   $ 21,857       $ 13,874   

Denominator:

     

Denominator for basic earnings per share:

     

weighted average shares

     39,194         39,972   

Effect of dilutive securities:

     

Employee stock options, restricted awards, restricted units, and deferred units

     461         656   
  

 

 

    

 

 

 

Denominator for diluted earnings per share:

     

Adjusted weighted average shares and the effect of dilutive securities

     39,655         40,628   
  

 

 

    

 

 

 

Net income per share:

     

Net income per share—basic

   $ 0.56       $ 0.35   

Net income per share—diluted

   $ 0.55       $ 0.34