Computation of Earnings Per Share |
The computation of EPS is as follows:
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Three months ended June 30,
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Six months ended June 30,
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2017
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2016
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2017
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2016
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Numerator—basic and diluted:
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Net income
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$
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8,338
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$
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7,492
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$
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14,270
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$
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10,013
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Denominator:
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Weighted-average common shares - basic common stock
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20,622,320
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19,972,395
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20,556,293
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19,900,032
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Weighted-average common shares - diluted common stock
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21,848,359
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20,997,429
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21,731,592
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20,931,802
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Net income per share - basic common stock
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$
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0.40
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$
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0.38
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$
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0.69
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$
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0.50
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Net income per share - diluted common stock
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$
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0.38
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$
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0.36
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$
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0.66
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$
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0.48
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Denominator calculation from basic to diluted:
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Weighted-average common shares - basic common stock
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20,622,320
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19,972,395
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20,556,293
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19,900,032
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Stock options and other dilutive awards
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1,226,039
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1,025,034
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1,175,299
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1,031,770
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Weighted-average common shares - diluted common stock
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21,848,359
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20,997,429
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21,731,592
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20,931,802
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Shares excluded from diluted weighted-average shares:
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Stock options
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64,498
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1,322,551
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69,498
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1,381,834
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Restricted stock units
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—
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—
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5,700
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—
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Shares excluded from diluted weighted-average shares
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64,498
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1,322,551
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75,198
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1,381,834
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