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Net Income per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Net Income per Share [Abstract]  
Computation of Earnings per Share

The following table (thousands, except per share amounts) sets forth the computation of net income per share:



 

 

 

 

 

 

 

 

 



 

 

2016

 

 

2015

 

 

2014



 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

 12,510

 

$

 20,132

 

$

 10,219

Less earnings allocated to RSUs

 

 

 (305

)

 

 (450

)

 

 (375)

Net income allocated to common shareholders

 

$

 12,205

 

$

 19,682

 

$

 9,844



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 

 29,260

 

 

 29,031

 

 

 28,776



 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

 0.42

 

$

 0.68

 

$

 0.34