Net Income per Share

3 Months Ended

Mar. 31, 2019

(9)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):



	Three Months Ended
	March 31,
	2019			2018
Numerator:
Net income	$	7,000		$	2,132
Earnings allocated to RSUs		(180	)		(50	)
Net income allocated to common shareholders	$	6,820		$	2,082