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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Computation of Earnings Per Share
The computation of earnings per share is as follows:
 
Three Months Ended
 
March 31,
2019
 
March 31,
2018
 
(in thousands, except per share data)
Basic earnings per share:
 
 
 
Net income
$
344,052

 
$
290,124

Shares used in computation:
 
 
 
Weighted-average common shares outstanding
436,947

 
434,174

Basic earnings per share
$
0.79

 
$
0.67

 
 
 
 
Diluted earnings per share:
 
 
 
Net income
$
344,052

 
$
290,124

Shares used in computation:
 
 
 
Weighted-average common shares outstanding
436,947

 
434,174

Employee stock options
14,975

 
16,185

Weighted-average number of shares
451,922

 
450,359

Diluted earnings per share
$
0.76

 
$
0.64