Earnings Per Share

9 Months Ended

Sep. 30, 2017

Basic earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares plus the effect of dilutive potential common shares outstanding during the period. The following table sets forth the computation of basic and diluted earnings per share (shares in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
Numerator:
Net income available to common stockholders	$	199	$	187	449		413
Denominator:
Denominator for basic earnings per share—weighted-average common shares	84,663		85,945		84,585		88,175
Effect of dilutive securities:
Employee stock options	398		278		401		281
Restricted stock units	531		222		488		168
Denominator for diluted earnings per share—adjusted weighted-average common shares	85,592		86,445		85,474		88,624
Basic earnings per share	$	2.36	$	2.18	$	5.31	$	4.68
Diluted earnings per share	$	2.33	$	2.16	$	5.26	$	4.66