Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 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				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
Numerator:
Net Income	$	53,716	$	41,322	$	138,978	$	108,659
Denominator:
Weighted average number of common shares outstanding		51,833		51,627		51,801		51,421
Effect of outstanding share-based awards		1,247		844		1,286		803
Weighted average number of shares for diluted net income per common share		53,080		52,471		53,087		52,224
Basic earnings per share	$	1.04	$	0.80	$	2.68	$	2.11
Diluted earnings per share	$	1.01	$	0.79	$	2.62	$	2.08