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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Computation of Earnings Per Share
The computation of earnings per share is as follows:
 
Three Months Ended
 
March 31,
2018
 
March 31,
2017
 
(in thousands, except per share data)
Basic earnings per share:
 
 
 
Net income
$
290,124

 
$
178,222

Shares used in computation:
 
 
 
Weighted-average common shares outstanding
434,174

 
430,600

Basic earnings per share
$
0.67

 
$
0.41

 
 
 
 
Diluted earnings per share:
 
 
 
Net income
$
290,124

 
$
178,222

Shares used in computation:
 
 
 
Weighted-average common shares outstanding
434,174

 
430,600

Employee stock options
16,185

 
14,858

Weighted-average number of shares
450,359

 
445,458

Diluted earnings per share
$
0.64

 
$
0.40