Quarterly report pursuant to Section 13 or 15(d)

Income Per Share (Tables)

v3.7.0.1
Income Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Income (Loss) Per Share  
Schedule of basic and diluted income (loss) per share

Basic and diluted income per share were computed as follows, in thousands, except share and per share amounts:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 

 

Six Months Ended June 30, 

 

 

2017

 

2016

 

2017

 

2016

Income from continuing operations

 

$

23,460

 

$

15,615

 

$

21,749

 

$

26,731

Net income - basic and diluted

 

$

23,460

 

$

15,615

 

$

21,749

 

$

26,731

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding - basic

 

 

36,488,222

 

 

37,691,259

 

 

36,803,979

 

 

37,726,542

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of common stock equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

RSAs with service-based conditions

 

 

227,185

 

 

176,401

 

 

214,242

 

 

145,042

RSAs with market-based conditions

 

 

189,835

 

 

58,392

 

 

160,693

 

 

29,196

RSAs with performance-based conditions

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Stock options

 

 

286,057

 

 

50,651

 

 

225,279

 

 

37,328

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding - diluted

 

 

37,191,299

 

 

37,976,703

 

 

37,404,193

 

 

37,938,108

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.64

 

$

0.41

 

$

0.59

 

$

0.71

Net income

 

$

0.64

 

$

0.41

 

$

0.59

 

$

0.71

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.63

 

$

0.41

 

$

0.58

 

$

0.70

Net income

 

$

0.63

 

$

0.41

 

$

0.58

 

$

0.70

 

Summary of shares excluded from the calculation of diluted income (loss) per share because their effect would have been anti-dilutive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 

 

Six Months Ended June 30, 

 

 

2017

 

2016

 

2017

 

2016

Anti-dilutive common stock equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

RSAs with service-based conditions

 

 

985

 

 

12,238

 

 

916

 

 

55,986

RSAs with market-based conditions

 

 

 —

 

 

 —

 

 

 —

 

 

12,647

RSAs with performance-based conditions

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Stock options

 

 

96,211

 

 

445,196

 

 

86,442

 

 

464,740

Total anti-dilutive common stock equivalents:

 

 

97,196

 

 

457,434

 

 

87,358

 

 

533,373