Net Income per Common Share
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Net Income per Common Share
Net Income per Common Share
The following table sets forth the calculation of basic and diluted net income per share for the three months ended March 31, 2015 and 2014 (in thousands, except per share amounts):
 
Three Months Ended
March 31,
 
2015
 
2014
Net income
$
21,557

 
$
24,853

Weighted-average shares of common stock used to compute basic net income per share (excluding unvested restricted stock)
105,928

 
109,164

Effect of dilutive common stock equivalents:
 
 
 
Dilutive effect of unvested restricted stock units
928

 
654

Dilutive effect of employee stock options
568

 
2,117

Shares used in computing diluted net income per common share
107,424

 
111,935

Basic net income per common share
$
0.20

 
$
0.23

Diluted net income per common share
$
0.20

 
$
0.22

Weighted average stock options and restricted stock units excluded from calculation due to anti-dilutive effect
3,898

 
4,653