Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2016

Net Income Per Common Share

Schedule of net income per common share

The calculation of the weighted average number of shares of common stock 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,
	2016		2015		2016		2015
Numerator:
Net Income	$	40,244	$	31,475	$	67,336	$	41,095
Denominator:
Weighted average number of common shares outstanding		51,418		51,357		51,318		51,407
Effect of outstanding share-based awards		776		614		786		775
Weighted average number of shares for diluted net income per common share		52,194		51,971		52,104		52,182
Basic earnings per-share	$	0.78	$	0.61	$	1.31	$	0.80
Diluted earnings per-share	$	0.77	$	0.61	$	1.29	$	0.79