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Earnings Per Share
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share, for the periods indicated:
 
(In thousands, except per share amounts)
Quarter Ended
March 31,
2015
 
March 31,
2014
Numerator:
 
 
 
Net income (loss)
$
13,627

 
$
14,580

Denominator:
 
 
 
Weighted-average shares outstanding - basic
18,476

 
17,951

Effect of dilutive shares
474

 
598

Weighted-average shares outstanding - diluted
18,950

 
18,549

Basic earnings per share:
$
0.74

 
$
0.81

Diluted earnings per share:
0.72

 
0.79


Certain potential ordinary dilutive shares were excluded from the calculation of diluted weighted-average shares outstanding because they would have an anti-dilutive effect on net income per share (see table below).

 
Quarter Ended
 
March 31,
2015
 
March 31,
2014
Anti-dilutive shares excluded

 
42,463