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Net Income per Share (Tables)
 12 Months Ended
Dec. 31, 2017
Net Income per Share [Abstract]  
Computation of Earnings per Share

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





 

 

 

 

 

 

 

 

 



 

2017

 

2016

 

2015

Numerator:

 

 

 

 

 

 

 

 

 

Net income

 

$

 33,076 

 

$

 12,510 

 

$

 20,132 

Less earnings allocated to RSUs

 

 

 (1,028)

 

 

 (305)

 

 

 (450)

Net income allocated to common shareholders

 

$

 32,048 

 

$

 12,205 

 

$

 19,682 



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 

 29,661 

 

 

 29,260 

 

 

 29,031 



 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

Basic and diluted

 

$

 1.08 

 

$

 0.42 

 

$

 0.68