Net Income per Share

6 Months Ended

Jun. 30, 2018

The computation of the Company's basic and diluted net income per share is as follows:



	Three months ended June 30,						Six months ended June 30,
	2018			2017			2018			2017
				(as adjusted)						(as adjusted)
	(In thousands, except per share data)
Numerator for basic and diluted income per common share:
Net income	$	12,713		$	22,107		$	29,786		$	37,702
Less: Net income allocated to unvested participating restricted stock	(428		)	(356		)	(1,000		)	(635		)
Net income available to common stockholders - basic	12,285			21,751			28,786			37,067
Effect of unvested participating restricted stock in two-class calculation	—			—			3			—
Net income available to common stockholders - diluted	$	12,285		$	21,751		$	28,789		$	37,067
Denominator:
Weighted average outstanding shares of common stock - basic	17,544			17,719			17,623			17,707
Dilutive effect of stock options	259			6			204			14
Weighted average outstanding shares of common stock - diluted	17,803			17,725			17,827			17,721
Net income per common share:
Basic	$	0.70		$	1.23		$	1.63		$	2.09
Diluted	$	0.69		$	1.23		$	1.61		$	2.09