XML 33 R17.htm IDEA: XBRL DOCUMENT v3.19.1
Net Income per Share
 12 Months Ended
Dec. 31, 2018
Net Income per Share [Abstract]  
Net Income per Share



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





 

 

 

 

 

 

 

 

 



 

2018

 

2017

 

Numerator:

 

 

 

 

 

 

 

Net income

 

$

 7,621 

 

$

 33,076 

 

Less earnings allocated to RSUs

 

 

 (185)

 

 

 (1,028)

 

Net income allocated to common shareholders

 

$

 7,436 

 

$

 32,048 

 



 

 

 

 

 

 

 



 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 

 30,074 

 

 

 29,661 

 



 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

Basic and diluted

 

$

 0.25 

 

$

 1.08