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



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Three Months Ended September 30,

 

Nine Months Ended September 30,

(in thousands, except per share amounts)

2016

 

2015

 

2016

 

2015

Net income

$

28,801 

 

$

19,677 

 

$

65,561 

 

$

36,580 



 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding - basic

 

49,185 

 

 

49,070 

 

 

49,132 

 

 

48,951 

Effect of diluted stock options and unvested restricted stock

 

915 

 

 

705 

 

 

517 

 

 

767 

Weighted-average common shares outstanding - diluted

 

50,100 

 

 

49,775 

 

 

49,649 

 

 

49,718 



 

 

 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.59 

 

$

0.40 

 

$

1.33 

 

$

0.75 

Diluted

$

0.57 

 

$

0.40 

 

$

1.32 

 

$

0.74 



 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive shares not included above

 

610 

 

 

1,580 

 

 

1,339 

 

 

909