Net Income Per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Net Income Per Share

Net Income per Share

 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 March 31,
	2022		2021
Numerator:
Net income	$	134,298	$	200,376
Denominator:
Weighted average common shares outstanding, basic	78,742		79,000
Dilutive effect of potential common stock	451		798
Total shares, diluted	79,193		79,798
Net income per share, basic	$	1.71	$	2.54
Net income per share, diluted	$	1.70	$	2.51
Anti-dilutive potential common shares 1	151		76

1 Represents RSUs and MSUs not included in the calculation of diluted net income per share as the effect would have been anti-dilutive.