Net Income Per Share

9 Months Ended

Sep. 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 nine months ended September 30, 2020 and 2019, is reflected in the following table (in thousands, except per share amounts):

	Three Months Ended September 30,				Nine Months Ended  September 30,
	2020		2019		2020		2019
Net income	$	75,749	$	117,181	$	211,860	$	341,591
Basic:
Weighted average shares	112,809		115,181		112,953		116,203
Diluted:
Weighted average shares	112,809		115,181		112,953		116,203
Dilutive effect of potential common shares	546		687		491		731
Diluted weighted average shares	113,355		115,868		113,444		116,934
Net income per share:
Basic	$	.67	$	1.02	$	1.88	$	2.94
Diluted	$	.67	$	1.01	$	1.87	$	2.92