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Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Net income

 

$

143

 

 

$

122

 

Denominator:

 

 

 

 

 

 

Shares used in net income per common share – basic

 

 

55.6

 

 

 

55.3

 

Effect of dilutive securities

 

 

0.2

 

 

 

0.3

 

Shares used in net income per common share – diluted

 

 

55.8

 

 

 

55.6

 

Net income per common share:

 

 

 

 

 

 

Basic

 

$

2.58

 

 

$

2.21

 

Diluted

 

$

2.57

 

 

$

2.20