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Net Income per Share
3 Months Ended
Mar. 31, 2015
Net Income per Share [Abstract]  
Net Income per Share

 

(7)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 have been excluded because the impact would be anti-dilutive.

The following table sets forth the computation of net income per share for the three months ended March 31, 2015 and 2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

Numerator:

 

 

 

 

 

 

Net income

 

$

7,591 

 

$

3,526 

Less earnings allocated to RSUs

 

 

(263)

 

 

(127)

Net income allocated to common shareholders

 

$

7,328 

 

$

3,399