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C. EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2016
Net income per share  
Computation of basic and diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

 

    

2016

    

2015

    

2014

 

 

 

(in thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

Net income

 

$

31,234

 

$

10,793

 

$

4,283

 

Denominator:

 

 

 

 

 

 

 

 

 

  

Weighted average shares used to compute net income per share

 

 

 

 

 

 

 

 

 

  

Basic

 

 

17,202

 

 

15,627

 

 

14,307

  

Effective of dilutive options, restricted stock units and warrants

 

 

511

 

 

906

 

 

880

  

Diluted

 

 

17,713

 

 

16,533

 

 

15,187

  

Net income per share

 

 

 

 

 

 

 

 

 

  

Basic

 

$

1.82

 

$

0.69

 

$

0.30

 

Diluted

 

$

1.76

 

$

0.65

 

$

0.28