Net Income per Share

9 Months Ended

Sep. 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 nine and three months ended September 30 (in thousands):

								.
		Nine Months Ended						Three Months Ended
		2016			2015			2016			2015
Numerator:
Net income	$	16,337		$	19,588		$	4,322		$	5,144
Less earnings allocated to RSUs		(429	)		(595	)		(115	)		(155	)
Net income allocated to common shareholders	$	15,908		$	18,993		$	4,207		$	4,989