Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2018

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted EPS for the years ended December 31 (in thousands, except per share amounts):



	2018		2017		2016
Net income from continuing operations	$	365,359	$	232,982	$	114,408
Net income from discontinued operations, net of tax	—		—		12,392
Net income	$	365,359	$	232,982	$	126,800

Weighted-average shares used to calculate basic EPS	79,779		76,854		70,117
Effect of dilutive securities:
Employee equity awards	418		681		699
Weighted-average shares used to calculate diluted EPS	80,197		77,535		70,816

Basic EPS:
Continuing operations	$	4.58	$	3.03	$	1.63
Discontinued operations	—		—		0.18
Basic EPS	$	4.58	$	3.03	$	1.81

Diluted EPS:
Continuing operations	$	4.56	$	3.00	$	1.62
Discontinued operations	—		—		0.17
Diluted EPS	$	4.56	$	3.00	$	1.79

Anti-dilutive Potential Shares of Common Stock Excluded from Computation of Earnings Per Share

The following table sets forth potential shares of common stock that are not included in the diluted EPS calculation above because to do so would be anti-dilutive for the years ended December 31 (in thousands):



	2018	2017	2016
Shares related to the potential conversion of 4.75% convertible subordinated notes	—	—	893
Common stock related to employee equity awards	265	63	27
	265	63	920