Earnings Per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share ("EPS") for the periods presented (in thousands, except per share amounts):

	Three Months Ended March 31,
	2022		2021
Net income	$	147,693	$	156,074
Net (income) loss attributable to non-controlling interests	(240)		288
Net income attributable to Equinix	$	147,453	$	156,362
Weighted-average shares used to calculate basic EPS	90,771		89,330
Effect of dilutive securities:
Employee equity awards	391		512
Weighted-average shares used to calculate diluted EPS	91,162		89,842
EPS attributable to Equinix:
Basic EPS	$	1.62	$	1.75
Diluted EPS	$	1.62	$	1.74

We have excluded common stock related to employee equity awards in the diluted EPS calculation above of approximately 377,000 shares and 148,000 shares for the three months ended March 31, 2022 and 2021, respectively, because their effect would be anti-dilutive.