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Net Income Per Share
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Net Income Per Share

Note 4. Net Income Per Share

 

     Three Months Ended
September 30,		      Nine Months Ended
September 30,		  
     2016      2015      2016      2015  

Net income

    $ 4,147       $ 4,630       $ 4,879       $ 17,584   

Weighted average shares outstanding

      27,159         26,839         26,973         20,122   

Effect of dilutive stock options

      163         328         130         345   
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted shares outstanding

      27,322         27,167         27,103         20,467   
  

 

 

     

 

 

     

 

 

     

 

 

  

Basic net income per share

    $ 0.15       $ 0.17       $ 0.18       $ 0.87   
  

 

 

     

 

 

     

 

 

     

 

 

  

Diluted net income per share

    $ 0.15       $ 0.17       $ 0.18       $ 0.86   
  

 

 

     

 

 

     

 

 

     

 

 

  

For both the three and nine month periods ended September 30, 2016, approximately 0.6 million and 0.7 million potentially dilutive stock options, respectively, had the effect of being anti-dilutive and were excluded from the calculation of diluted earnings per share. For both the three and nine month periods ended September 30, 2015, approximately 0.7 million potentially dilutive stock options had the effect of being anti-dilutive and were excluded from the calculation of diluted earnings per share.