Calculation Of Net Income Per Share

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Calculation Of Net Income Per Share Attributable To Verisign Stockholders

Calculation of Earnings per Share

The following table presents the computation of weighted-average shares used in the calculation of basic and diluted earnings per share:

	Year Ended December 31,
	2020	2019	2018
	(In thousands)
Weighted-average shares of common stock outstanding	115,058	118,513	113,452
Weighted-average potential shares of common stock outstanding:
Conversion spread related to subordinated convertible debentures	—	—	8,589
Unvested RSUs, and ESPP	240	455	620
Shares used to compute diluted earnings per share	115,298	118,968	122,661

The Company settled the subordinated convertible debentures in May 2018. The calculation of diluted weighted average shares outstanding, excludes potentially dilutive securities, the effect of which would have been anti-dilutive, as well as

performance-based RSUs granted by the Company for which the relevant performance criteria have not been achieved. The number of potential shares excluded from the calculation was not significant in any period presented.