XML 34 R13.htm IDEA: XBRL DOCUMENT v3.3.0.814
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Weighted-Average Number of Shares of Common Stock Used to Calculate Basic and Diluted Earnings Per Share

The table below presents the weighted-average number of shares of common stock used to calculate basic and diluted earnings per share:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

(in thousands)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Weighted-average number of shares of common stock for

   calculating basic earnings per share

 

 

25,334

 

 

 

25,953

 

 

 

25,853

 

 

 

25,885

 

Effect of potentially dilutive securities from

   equity-based compensation

 

 

74

 

 

 

199

 

 

 

101

 

 

 

292

 

Weighted-average number of shares of common stock for

   calculating diluted earnings per share

 

 

25,408

 

 

 

26,152

 

 

 

25,954

 

 

 

26,177

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities Not Included in Computation of Diluted Earnings Per Share

 

The following securities were not included in the computation of diluted earnings per share as their effect would have been anti-dilutive:

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

(in thousands)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Options to purchase shares of common stock

 

 

1,326

 

 

 

9

 

 

 

746

 

 

 

9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Share Repurchase Activities

The following table presents share repurchase activities during the three and nine months ended September 30, 2015 and 2014.

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

(in thousands, except share and per share amounts)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Number of shares repurchased

 

 

1,754,636

 

 

 

 

 

 

1,856,289

 

 

 

 

Aggregate purchase price

 

$

45,653

 

 

 

 

 

$

48,784

 

 

 

 

Average price per repurchased shares

 

$

26.02

 

 

 

 

 

$

26.28