XML 46 R23.htm IDEA: XBRL DOCUMENT v2.4.0.8
NET INCOME PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) Per Share
The computation of basic and diluted net income per share is determined using net income applicable to common stockholders as the numerator and the number of shares included in the denominator as follows (in thousands, except per share amounts):
 
 
 
Three Months Ended
March 31,
 
 
 
2014
 
2013
 
Basic net income per share:
 
 
 
 
 
 
 
Net income applicable to common stockholders
 
$
7,296
 
$
5,735
 
Undistributed earnings allocated to participating securities
 
 
(61)
 
 
(51)
 
Net income applicable to common stockholders excluding amounts applicable to participating securities
 
$
7,235
 
$
5,684
 
Weighted average common shares outstanding
 
 
68,669
 
 
68,395
 
Basic net income per share
 
$
0.11
 
$
0.08
 
 
 
 
 
 
 
 
 
Diluted net income per share:
 
 
 
 
 
 
 
Net income applicable to common stockholders
 
$
7,296
 
$
5,735
 
Undistributed earnings allocated to participating securities
 
 
(61)
 
 
(51)
 
Net income applicable to common stockholders excluding amounts applicable to participating securities
 
$
7,235
 
$
5,684
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
68,669
 
 
68,395
 
Dilutive shares from assumed conversion of convertible senior notes
 
 
1,591
 
 
-
 
Dilutive stock options and restricted stock
 
 
828
 
 
433
 
Diluted weighted average common shares outstanding
 
 
71,088
 
 
68,828
 
Diluted net income per share
 
$
0.10
 
$
0.08