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Basis of Consolidation and Presentation (Tables)
3 Months Ended
Mar. 31, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Calculation of Basic and Diluted Net Income per Share

The following table presents information necessary to calculate net income per share for the three months March 31, 2015 and 2014 as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive (in thousands, except per share amounts):

 

 

Three Months Ended

 

 

March 31,

 

 

2015

 

 

2014

 

BASIC EPS:

 

 

 

 

 

 

 

Net income

$

9,125

 

 

$

34,822

 

Adjust for income attributed to holders of non-vested restricted stock

 

(86

)

 

 

(353

)

Income attributed to common stockholders

$

9,039

 

 

$

34,469

 

Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock

 

144,983

 

 

 

142,892

 

Basic net income per common share

$

0.06

 

 

$

0.24

 

DILUTED EPS:

 

 

 

 

 

 

 

Income attributed to common stockholders

$

9,039

 

 

$

34,469

 

Weighted average number of common shares outstanding, excluding non-vested shares of restricted stock

 

144,983

 

 

 

142,892

 

Add dilutive effect of potential common shares

 

762

 

 

 

2,207

 

Weighted average number of diluted common shares outstanding

 

145,745

 

 

 

145,099

 

Diluted net income per common share

$

0.06

 

 

$

0.24

 

Potentially dilutive securities excluded as anti-dilutive

 

5,569

 

 

 

80