Organization, Consolidation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Property and equipment, at cost, consist of the following (in thousands):

	December 31,
	2021			2020
Office equipment	$	37,435		$	39,250
Furniture and fixtures		5,012			5,051
Leasehold improvement		24,142			24,362
Property and equipment, gross		66,589			68,663
Less accumulated depreciation		(52,700	)		(50,760	)
Property and equipment, net	$	13,889		$	17,903

Reconciliation of Earnings per Share and Shares in Computation of Earnings Per Share

In the following table, we present a reconciliation of earnings per share and the shares used in the computation of earnings per share for the years ended December 31, 2021, 2020 and 2019 (in thousands, except per share data):

	Year Ended December 31,
	2021			2020			2019
	(in thousands, except per share data)
Net income	$	110,472		$	87,240		$	85,762
Earnings per share:
Basic	$	1.74		$	1.37		$	1.33
Effect of CESs		(0.02	)		(0.01	)		(0.01	)
Diluted	$	1.72		$	1.36		$	1.32

Weighted average number of shares:
Basic		63,445			63,538			64,397
Effect of CESs		878			795			706
Diluted		64,323			64,333			65,103