XML 36 R40.htm IDEA: XBRL DOCUMENT
v3.19.3

NET INCOME PER COMMON SHARE (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2019
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share | The following table is a reconciliation of net income and the shares used in calculating basic and diluted net income per common share for the three and nine months ended September 30, 2019 and 2018 (in thousands, except share and per share data):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 36,962 |  |  | $ | 22,818 |  |  | $ | 111,876 |  |  | $ | 39,591 |
Adjustment for Basic EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnings allocated to unvested shareholders |  |  | (260 | ) |  |  | (242 | ) |  |  | (922 | ) |  |  | (481 | )
Adjusted net income |  | $ | 36,702 |  |  | $ | 22,576 |  |  | $ | 110,954 |  |  | $ | 39,110 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding – Basic |  |  | 46,980,439 |  |  |  | 46,869,998 |  |  |  | 46,947,109 |  |  |  | 46,841,036 |
Effect of dilutive shares: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock equivalents arising from stock options and ESPP |  |  | 249 |  |  |  | 754 |  |  |  | 1,142 |  |  |  | 1,682 |
Restricted stock awards and units and performance units |  |  | 33,231 |  |  |  | 43,801 |  |  |  | 35,650 |  |  |  | 51,050 |
Weighted average common shares outstanding – Diluted |  |  | 47,013,919 |  |  |  | 46,914,553 |  |  |  | 46,983,901 |  |  |  | 46,893,768 |
Net income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.78 |  |  | $ | 0.48 |  |  | $ | 2.36 |  |  | $ | 0.83 |
Diluted |  | $ | 0.78 |  |  | $ | 0.48 |  |  | $ | 2.36 |  |  | $ | 0.83 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration