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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Computation of Basic Earnings and Diluted Earnings Per Share Data

The following table details the reconciliation of basic earnings per share to diluted earnings per share:

 

 

 

Three Months ended September 30,

 

 

Nine Months ended September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator for basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

22,264

 

 

$

20,142

 

 

$

58,215

 

 

$

56,251

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average basic common shares outstanding

 

 

36,433

 

 

 

33,900

 

 

 

36,438

 

 

 

33,787

 

Assumed conversion of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

2,073

 

 

 

2,449

 

 

 

2,039

 

 

 

2,376

 

Denominator for diluted earnings per share

   - Adjusted weighted-average shares

 

 

38,506

 

 

 

36,349

 

 

 

38,477

 

 

 

36,163

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.61

 

 

$

0.59

 

 

$

1.60

 

 

$

1.66

 

Diluted

 

$

0.58

 

 

$

0.55

 

 

$

1.51

 

 

$

1.56