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Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share:

 

     Three Months Ended March 31,  
     2017      2016  

Numerator:

     

Net income

   $ 65,060      $ 17,563  
  

 

 

    

 

 

 

Denominator:

     

Shares used in net income per common share – basic

     53,769,000        53,235,000  

Effect of dilutive securities:

     

Restricted stock units, stock appreciation rights and shares issued under employee stock purchase plan

     1,189,000        328,000  
  

 

 

    

 

 

 

Shares used in net income per common share – diluted

     54,958,000        53,563,000  
  

 

 

    

 

 

 

Net income per common share:

     

Basic

   $ 1.21      $ 0.33  

Diluted

   $ 1.18      $ 0.33