Earnings Per Share

6 Months Ended

Jun. 30, 2020

Earnings Per ShareBasic 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						Six Months Ended
	June 30,						June 30,
	2020		2019		2020		2019
Numerator:



Net income available to common stockholders	$	212	$	270	385		445
Denominator:
Denominator for basic earnings per share—weighted-average common shares	72,161		78,264		73,101		78,829
Effect of dilutive securities:
Employee stock options	12		108		14		200



Restricted stock units	102		95		155		211
Denominator for diluted earnings per share—adjusted weighted-average common shares	72,275		78,467		73,270		79,240
Basic earnings per share	$	2.94	$	3.45	$	5.26	$	5.65
Diluted earnings per share	$	2.93	$	3.44	$	5.25	$	5.62