Schedule of basic and diluted income per share |
Basic and diluted income per share were computed as follows, in thousands, except share and per share amounts:
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Three Months Ended September 30,
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Nine Months Ended September 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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Income from continuing operations
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$
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31,393
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$
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24,566
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$
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53,142
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$
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51,299
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Net income - basic and diluted
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$
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31,393
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$
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24,566
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$
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53,142
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$
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51,299
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Weighted average number of common shares outstanding - basic
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35,022,113
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37,599,137
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36,203,497
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37,683,764
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Dilutive effect of common stock equivalents:
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RSAs with service-based conditions
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216,724
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234,699
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215,069
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174,928
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RSAs with market-based conditions
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202,292
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37,031
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174,559
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31,808
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RSAs with performance-based conditions
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—
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—
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—
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—
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Stock options
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296,500
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81,466
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249,019
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52,040
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Weighted average number of common shares outstanding - diluted
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35,737,629
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37,952,333
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36,842,144
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37,942,540
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Basic income per common share:
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Income from continuing operations
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$
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0.90
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$
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0.65
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$
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1.47
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$
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1.36
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Net income
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$
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0.90
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$
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0.65
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$
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1.47
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$
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1.36
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Diluted income per common share:
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Income from continuing operations
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$
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0.88
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$
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0.65
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$
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1.44
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$
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1.35
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Net income
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$
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0.88
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$
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0.65
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$
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1.44
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$
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1.35
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Summary of shares excluded from the calculation of diluted income per share because their effect would have been anti-dilutive |
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Three Months Ended September 30,
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Nine Months Ended September 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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Anti-dilutive common stock equivalents:
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RSAs with service-based conditions
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—
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11,812
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|
610
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41,261
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RSAs with market-based conditions
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—
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—
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—
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8,431
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RSAs with performance-based conditions
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—
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—
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—
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—
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Stock options
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5,010
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418,517
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59,298
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449,332
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Total anti-dilutive common stock equivalents:
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5,010
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430,329
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59,908
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499,024
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