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Earnings Per Share (Tables)
9 Months Ended
Sep. 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
September 30,
     Nine Months Ended
September 30,
 
     2017      2016      2017      2016  

Net income

   $ 7,976      $ 7,955      $ 26,961      $ 23,678  
  

 

 

    

 

 

    

 

 

    

 

 

 
     (shares in thousands)      (shares in thousands)  

Shares of common stock and common stock equivalents:

     

Weighted average common shares used in basic computation

     134,709        134,046        134,552        134,541  

Dilutive effect of common stock equivalents

     1,224        1,144        1,216        1,042  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average common shares used in dilutive computation

     135,933        135,190        135,768        135,583  
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic earnings per share

   $ 0.06      $ 0.06      $ 0.20      $ 0.17  

Diluted earnings per share

   $ 0.06      $ 0.06      $ 0.20      $ 0.17