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Net Income Per Common Share (Tables)
 6 Months Ended
Jun. 30, 2013
Net Income Per Common Share  
Schedule of net income (loss) per common share

The calculation of the weighted average number of common shares outstanding for Basic EPS and Diluted EPS for the periods indicated (in thousands, except per share data) is as follows:

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(Unaudited)

 

(Unaudited)

 

Numerator

 

 

 

 

 

 

 

 

 

Net Income

 

$

20,720

 

$

16,960

 

$

23,955

 

$

16,278

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

51,881

 

50,944

 

51,822

 

50,912

 

Effect of outstanding share-based awards

 

666

 

845

 

700

 

423

 

Weighted average number of shares for diluted net income per common share

 

52,547

 

51,789

 

52,522

 

51,335

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.40

 

$

0.33

 

$

0.46

 

$

0.32

 

Diluted earnings per share

 

$

0.39

 

$

0.33

 

$

0.46

 

$

0.32