Earnings Per Share

6 Months Ended

Jun. 30, 2022

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 June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Net income	$	216,242	$	68,487	$	363,935	$	224,561
Net (income) loss attributable to non-controlling interests	80		(148)		(160)		140
Net income attributable to Equinix	$	216,322	$	68,339	$	363,775	$	224,701

Weighted-average shares used to calculate basic EPS	91,036		89,648		90,904		89,490
Effect of dilutive securities:
Employee equity awards	226		456		309		534
Weighted-average shares used to calculate diluted EPS	91,262		90,104		91,213		90,024

EPS attributable to Equinix:
Basic EPS	$	2.38	$	0.76	$	4.00	$	2.51
Diluted EPS	$	2.37	$	0.76	$	3.99	$	2.50

We have excluded common stock related to employee equity awards in the diluted EPS calculation above of approximately 409,000 shares and 248,000 shares for the three months ended June 30, 2022 and 2021, respectively, and approximately 393,000 and 199,000 shares for the six months ended June 30, 2022 and 2021, because their effect would be anti-dilutive.