XML 28 R12.htm IDEA: XBRL DOCUMENT v3.24.0.1
Net Income Per Share
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The calculation of basic and diluted net income per share was as follows:
Year Ended
202320222021
Net income$204,440 $177,370 $200,392 
Common stock:
Weighted average basic shares outstanding209,486 213,766 221,375 
Dilutive effect of stock options and restricted shares2,048 2,073 3,030 
Weighted average diluted shares outstanding211,534 215,839 224,405 
Net income per share:
Basic$.98 $.83 $.91 
Diluted$.97 $.82 $.89 

Basic net income per share for 2023, 2022 and 2021 was computed by dividing net income amounts by the weighted average number of shares of common stock outstanding. Diluted net income per share was computed by dividing net income by the weighted average number of basic shares outstanding plus the potential common share effect of dilutive stock options and restricted shares. We excluded potential common shares of 5,377, 4,443 and 2,404 for 2023, 2022 and 2021, respectively, from our diluted net income per share calculation as they would have had anti-dilutive effects.