v3.2.0.727
Earnings per Share
 6 Months Ended
Jun. 30, 2015
Earnings per Share
Earnings per Share
The following represents a reconciliation from basic earnings per share to diluted earnings per share:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In thousands, except per share amounts)
2015
 
2014
 
2015
 
2014
Numerator
 
 
 
 
 
 
 
Net income
$
14,766

 
$
17,690

 
$
26,494

 
$
31,228

Denominator
 
 
 
 
 
 
 
Weighted average common shares outstanding
215,590

 
213,188

 
215,146

 
212,788

Effect of dilutive securities
4,331

 
4,106

 
4,575

 
4,346

Weighted average common shares and dilutive securities outstanding
219,921

 
217,294

 
219,721

 
217,134

Earnings per share - basic
$
0.07

 
$
0.08

 
$
0.12

 
$
0.15

Earnings per share - diluted
$
0.07

 
$
0.08

 
$
0.12

 
$
0.14



Effects of potentially dilutive securities are presented only in periods in which they are dilutive. Stock options and restricted stock units representing 18.6 thousand and 48.6 thousand shares of common stock outstanding for the three months ended June 30, 2015 and 2014, respectively, were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive. Stock options and restricted stock units representing 436.4 thousand and 86.2 thousand shares of common stock outstanding for the six months ended June 30, 2015 and 2014, respectively, were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.