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Net Income per Share
 6 Months Ended
Jun. 30, 2016
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.

The following table sets forth the computation of net income per share for the six and three months ended June 30 (in thousands):



 

   

 

 

 

 

 

.

 

 

 

 



 

Six Months Ended

 

 

Three Months Ended

 



 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 12,015

 

$

 14,444

 

$

 5,853

 

$

 6,853

 

Less earnings allocated to RSUs

 

 (315

)

 

 (443

)

 

 (157

)

 

 (208

)

Net income allocated to common shareholders

$

 11,700

 

$

 14,001

 

$

 5,696

 

$

 6,645