Net Income Per Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Net Income Per Share

Net Income Per Share

The calculation of net income per share for the three and six months ended June 30, 2020 and 2019, is reflected in the following table (in thousands, except per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Net income	$	46,196	$	114,612	$	136,111	$	224,410
Basic:
Weighted average shares	112,865		116,381		113,026		116,722
Diluted:
Weighted average shares	112,865		116,381		113,026		116,722
Dilutive effect of potential common shares	256		607		463		753
Diluted weighted average shares	113,121		116,988		113,489		117,475
Net income per share:
Basic	$	.41	$	.98	$	1.20	$	1.92
Diluted	$	.41	$	.98	$	1.20	$	1.91