Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.7.0.1
Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Computation of Earnings Per Share

The computation of EPS is as follows:

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator—basic and diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

8,338

 

 

$

7,492

 

 

$

14,270

 

 

$

10,013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares - basic common stock

 

 

20,622,320

 

 

 

19,972,395

 

 

 

20,556,293

 

 

 

19,900,032

 

Weighted-average common shares - diluted common stock

 

 

21,848,359

 

 

 

20,997,429

 

 

 

21,731,592

 

 

 

20,931,802

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - basic common stock

 

$

0.40

 

 

$

0.38

 

 

$

0.69

 

 

$

0.50

 

Net income per share - diluted common stock

 

$

0.38

 

 

$

0.36

 

 

$

0.66

 

 

$

0.48

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator calculation from basic to diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares - basic common stock

 

 

20,622,320

 

 

 

19,972,395

 

 

 

20,556,293

 

 

 

19,900,032

 

Stock options and other dilutive awards

 

 

1,226,039

 

 

 

1,025,034

 

 

 

1,175,299

 

 

 

1,031,770

 

Weighted-average common shares - diluted common stock

 

 

21,848,359

 

 

 

20,997,429

 

 

 

21,731,592

 

 

 

20,931,802

 

Shares excluded from diluted weighted-average shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

64,498

 

 

 

1,322,551

 

 

 

69,498

 

 

 

1,381,834

 

Restricted stock units

 

 

 

 

 

 

 

 

5,700

 

 

 

 

Shares excluded from diluted weighted-average shares

 

 

64,498

 

 

 

1,322,551

 

 

 

75,198

 

 

 

1,381,834