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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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
June 30,
     Six Months Ended June
30,
 
     2017      2016      2017      2016  

Net income

   $ 12,105      $ 3,651      $ 18,985      $ 15,723  
  

 

 

    

 

 

    

 

 

    

 

 

 
     (shares in thousands)      (shares in thousands)  

Shares of common stock and common stock equivalents:

           

Weighted average common shares used in basic computation

     134,557        134,115        134,472        134,791  

Dilutive effect of common stock equivalents

     1,017        1,017        1,141        798  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares used in dilutive computation

     135,574        135,132        135,613        135,589  
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share

   $ 0.09      $ 0.03      $ 0.14      $ 0.11  

Diluted earnings per share

   $ 0.09      $ 0.03      $ 0.14      $ 0.11