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Stockholders' Equity and Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Stockholders' Equity and Earnings Per Share [Abstract]  
Schedule of earnings per share calculations
The following table presents the basic and diluted EPS calculations for the three and six months ended June 30, 2021 and 2020. For more information on the calculation of EPS, see Note 1 — Summary of Significant Accounting Policies — Significant Accounting Policies — Earnings Per Share to the Consolidated Financial Statements of the Company’s 2020 Form 10-K.
($ and shares in thousands, except per share data)Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Basic:
Net income$224,742 $99,352 $429,736 $244,176 
Basic weighted-average number of shares outstanding141,868 141,486 141,758 143,150 
Basic EPS$1.58 $0.70 $3.03 $1.71 
Diluted:
Net income$224,742 $99,352 $429,736 $244,176 
Basic weighted-average number of shares outstanding 141,868 141,486 141,758 143,150 
Diluted potential common shares (1)
1,172 341 1,205 410 
Diluted weighted-average number of shares outstanding (1)
143,040 141,827 142,963 143,560 
Diluted EPS$1.57 $0.70 $3.01 $1.70 
(1)Includes dilutive shares from RSUs for the three and six months ended June 30, 2021 and 2020.