Earnings Per Share

9 Months Ended

Sep. 30, 2020

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,
	2020		2019		2020		2019
Numerator:



Net income available to common stockholders	$	208	$	391	593		836
Denominator:
Denominator for basic earnings per share—weighted-average common shares	72,190		76,699		72,795		78,111
Effect of dilutive securities:
Employee stock options	9		30		12		144



Restricted stock units	243		128		193		186
Denominator for diluted earnings per share—adjusted weighted-average common shares	72,442		76,857		73,000		78,441
Basic earnings per share	$	2.88	$	5.10	$	8.14	$	10.70
Diluted earnings per share	$	2.87	$	5.08	$	8.12	$	10.66