XML 33 R17.htm IDEA: XBRL DOCUMENT v3.3.1.900
Net Income per Share
 12 Months Ended
Dec. 31, 2015
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.    

The following table sets forth the computation of net income per share for 2015 and 2014. The adjustments for 2013 were not significant (in thousands, except per share amounts): 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

 

2014

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net income

 

$

 20,132 

 

$

 10,219 

Less earnings allocated to RSUs

 

 

 (450)

 

 

 (375)

Net income allocated to common shareholders

 

$

 19,682 

 

$

 9,844 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 

 29,031 

 

 

 28,776 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

Basic and diluted

 

$

 0.68 

 

$

 0.34