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

The following is a reconciliation of the basic and diluted earnings per share computation:

 


     Three Months Ended March 31,  
     2017      2016  

Net income

   $ 6,880      $ 12,072  
  

 

 

    

 

 

 
     (shares in thousands)  

Shares of common stock and common stock equivalents:

     

Weighted average common shares used in basic computation

     134,385        135,467  

Dilutive effect of common stock equivalents

     1,124        990  
  

 

 

    

 

 

 

Weighted average common shares used in dilutive computation

     135,509        136,457  
  

 

 

    

 

 

 

Basic earnings per share

   $ 0.05      $ 0.09  

Diluted earnings per share

   $ 0.05      $ 0.09