Earnings per Share
|12 Months Ended|
Dec. 31, 2016
|Earnings Per Share [Abstract]|
|Earnings Per Share||
EARNINGS PER SHARE
Earnings per share ("EPS") is presented on both a basic and diluted basis. Basic EPS is based on the weighted average number of common shares outstanding. Diluted EPS reflects the potential dilution that could occur if outstanding securities or other contracts to issue common stock were exercised or converted into common stock. For the calculation of diluted EPS, the basic weighted average number of shares is increased by the dilutive effect of stock options and restricted stock units determined using the treasury stock method.
A reconciliation of the common shares used in the denominator for computing basic and diluted EPS is as follows (in thousands, except per share amounts):
Stock options and service-based restricted stock units representing 517,654, 154,170 and 409,250 shares of common stock for the years ended December 31, 2016, 2015 and 2014, respectively, were outstanding but were excluded in the computation of diluted EPS because their effect would be anti-dilutive as a result of applying the treasury stock method. In addition, performance-based restricted stock units representing 63,430, 122,858 and 120,363 shares for the years ended December 31, 2016, 2015 and 2014, respectively, were outstanding but were excluded from the computation of diluted EPS because these shares were subject to performance conditions that had not been met.
No definition available.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef