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Net Income per Share
 12 Months Ended
Dec. 31, 2014
Net Income per Share [Abstract]  
Net Income per Share

(11)  Net Income per Share

We compute net income per share using the two-class method, which is an allocation formula that determines net income per share for common stock and participating securities, which for us are our outstanding RSUs.  Outstanding RSUs of 1,042,000 have been excluded because the impact would be anti-dilutive.

The following table sets forth the computation of net income per share for 2014. The adjustments for 2013 were not significant (in thousands, except per share amounts): 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

Numerator:

 

 

 

 

Net income

 

$
10,219

 

Less  earnings allocated to RSUs

 

 
(375

)

Net income

 

$
9,844

 

 

 

 

 

 

Denominator:

 

 

 

 

Weighted average number of common shares outstanding

 

 
28,776

 

Potential dilutive shares

 

 
0

 

Weighted average number of diluted shares outstanding

 

 
28,776

 

 

 

 

 

 

Net income per share:

 

 

 

 

Basic

 

$
0.34

 

Diluted

 

$
0.34