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)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
(in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income
$
10,965

 
$
22,584

 
$
19,428

 
$
43,265

Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding—basic
65,889

 
63,470

 
65,564

 
63,056

Dilutive common stock equivalents
3,756

 
4,050

 
3,834

 
4,054

Weighted average common shares outstanding—diluted
69,645

 
67,520

 
69,398

 
67,110

Net income per share:
 
 
 
 
 
 
 
Basic
$
0.17

 
$
0.36

 
$
0.30

 
$
0.69

Diluted
$
0.16

 
$
0.33

 
$
0.28

 
$
0.64