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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings per Share [Abstract]  
Calculations of the Basic and Diluted EPS



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended June 30,

 

Six Months Ended June 30,

(in thousands, except per share data)

2016

 

2015

 

2016

 

2015

Net income

$

21,361 

 

$

11,777 

 

$

36,760 

 

$

16,903 



 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

49,131 

 

 

49,028 

 

 

49,105 

 

 

48,890 

Effect of diluted stock options and unvested restricted stock

 

430 

 

 

800 

 

 

318 

 

 

798 

Weighted-average common shares outstanding - diluted

 

49,561 

 

 

49,828 

 

 

49,423 

 

 

49,688 



 

 

 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.43 

 

$

0.24 

 

$

0.75 

 

$

0.35 

Diluted

$

0.43 

 

$

0.24 

 

$

0.74 

 

$

0.34 



 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive shares not included above

 

1,704 

 

 

628 

 

 

1,704 

 

 

574