Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.7.0.1
Net Income (Loss) Per Share (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share
 
Three Months Ended March 31,
 
2017
 
2016
 
(in thousands, except per share amounts)
Numerator:
 
 
 
Net income
$
8,463

 
$
20,681

Denominator:
 
 
 
Weighted average common shares outstanding—basic
65,238

 
62,585

Dilutive common stock equivalents
3,911

 
4,058

Weighted average common shares outstanding—diluted
69,149

 
66,643

Net income per share:
 
 
 
Basic
$
0.13

 
$
0.33

Diluted
$
0.12

 
$
0.31