XML 30 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Net Income Per Share
6 Months Ended
Jun. 30, 2018
Net Income Per Share
Net Income per Share

Basic net income per share is computed using the weighted average number of shares of common stock outstanding during the period. Diluted net income per share is computed using the weighted average number of shares of common stock, adjusted for any dilutive effect of potential common stock. Potential common stock, computed using the treasury stock method, includes RSUs, MSUs, stock options and our ESPP.

The following table sets forth the computation of basic and diluted net income per share attributable to common stock (in thousands, except per share amounts): 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
Net income
$
106,105

 
$
69,179

 
$
201,971

 
$
138,599

Denominator:
 
 
 
 
 
 
 
Weighted-average common shares outstanding, basic
80,216

 
80,188

 
80,127

 
80,047

Dilutive effect of potential common stock
1,255

 
1,443

 
1,448

 
1,621

Total shares, diluted
81,471

 
81,631

 
81,575

 
81,668

 
 
 
 
 
 
 
 
Net income per share, basic
$
1.32

 
$
0.86

 
$
2.52

 
$
1.73

Net income per share, diluted
$
1.30

 
$
0.85

 
$
2.48

 
$
1.70



For the three and six months ended June 30, 2018 and 2017, potentially anti-dilutive shares excluded from diluted net income per share related to RSUs, MSUs, stock options and ESPP were not material.