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Net Income Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2017
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

 

 

 

March 31,

 

 

 

2017

    

2016

 

Numerator:

 

 

 

 

 

 

 

Net Income

 

$

34,786

 

$

27,092

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

 

51,820

 

 

51,218

 

Effect of outstanding share-based awards

 

 

1,382

 

 

796

 

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

 

 

53,202

 

 

52,014

 

 

 

 

 

 

 

 

 

Basic earnings per-share

 

$
0.67

 

$

0.53

 

Diluted earnings per-share

 

$

0.65

 

$

0.52