Net Income Per Common Share (Tables)

9 Months Ended

Sep. 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				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Numerator:
Net Income	$	41,322	$	36,268	$	108,659	$	77,363
Denominator:
Weighted average number of common shares outstanding		51,627		50,616		51,421		51,143
Effect of outstanding share-based awards		844		666		803		739
Weighted average number of shares for diluted net income per common share		52,471		51,282		52,224		51,882
Basic earnings per-share	$	0.80	$	0.72	$	2.11	$	1.51
Diluted earnings per-share	$	0.79	$	0.71	$	2.08	$	1.49