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Net Income per Share
 9 Months Ended
Sep. 30, 2017
Net Income per Share [Abstract]  
Net Income per Share



(6)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 allocated to common shareholders (in thousands):



 

 

 

 

 

 

 

.

 

 

 

 



 

Nine Months Ended

 

 

Three Months Ended

 



 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 11,719 

 

$

 16,337 

 

$

 3,916 

 

$

 4,322 

 

Less earnings allocated to RSUs

 

 (444)

 

 

 (429)

 

 

 (153)

 

 

 (115)

 

Net income allocated to common shareholders

$

 11,275 

 

$

 15,908 

 

$

 3,763 

 

$

 4,207