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Net Income Per Share Of Common Stock
9 Months Ended
Sep. 30, 2010
Net Income Per Share Of Common Stock [Abstract] 
Net Income Per Share Of Common Stock

NOTE 6:    NET INCOME PER SHARE OF COMMON STOCK

Basic net income per share is computed based on the weighted average number of shares of common stock outstanding during each period. Diluted net income per share is computed based on the weighted average number of shares of common stock outstanding during each period, plus dilutive potential shares of common stock considered outstanding during the period, in accordance with FASB ASC No. 260, "Earnings Per Share."

 

     Nine months ended
September 30,
     Three months ended
September 30,
 
     2011      2010      2011      2010  
     (unaudited)      (unaudited)      (unaudited)      (unaudited)  

Numerator:

           

Numerator for basic and diluted net income per share

   $ 13,709       $ 7,171       $ 4,935       $ 2,989   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator:

           

Denominator for basic net income per share

     23,065         20,989         23,390         21,244   

Effect of stock options

     1,040         1,125         863         1,112   
  

 

 

    

 

 

    

 

 

    

 

 

 

Denominator for diluted net income per share

     24,105         22,114         24,253         22,356   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic net income per share

   $ 0.59       $ 0.34       $ 0.21       $ 0.14   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted net income per share

   $ 0.57       $ 0.32       $ 0.20       $ 0.13   
  

 

 

    

 

 

    

 

 

    

 

 

 

The weighted average number of shares related to the outstanding options excluded from the calculation of diluted net income per share since their effect was anti-dilutive was 713,275 and 545,291 shares for the three and nine months ended September 30, 2011, respectively, and 179,000 and 90,657 shares for the corresponding periods of 2010.