Earnings Per Share

6 Months Ended

Jun. 30, 2023

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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Net income	$	207,013	$	216,242	$	465,743	$	363,935
Net (income) loss attributable to non-controlling interests	17		80		73		(160)
Net income attributable to Equinix	$	207,030	$	216,322	$	465,816	$	363,775
Weighted-average shares used to calculate basic EPS	93,535		91,036		93,253		90,904
Effect of dilutive securities:
Employee equity awards	322		226		346		309
Weighted-average shares used to calculate diluted EPS	93,857		91,262		93,599		91,213
EPS attributable to Equinix:
Basic EPS	$	2.21	$	2.38	$	5.00	$	4.00
Diluted EPS	$	2.21	$	2.37	$	4.98	$	3.99

We have excluded common stock related to employee equity awards in the diluted EPS calculation above of approximately 72,000 and 409,000 shares for the three months ended June 30, 2023 and 2022, respectively, and approximately 106,000 and 393,000 shares for the six months ended June 30, 2023 and 2022, respectively, because its effect would be anti-dilutive.