Net Income Per Share

6 Months Ended

Jun. 30, 2022

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, 2022 and 2021, is reflected in the following table (in thousands, except per share amounts):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Net income	$	175,821	$	149,213	$	344,060	$	259,811
Basic:
Weighted average shares	108,833		110,861		109,025		111,141
Diluted:
Weighted average shares	108,833		110,861		109,025		111,141
Dilutive effect of potential common shares	863		1,028		1,118		1,050
Diluted weighted average shares	109,696		111,889		110,143		112,191
Net income per share:
Basic	$	1.62	$	1.35	$	3.16	$	2.34
Diluted	$	1.60	$	1.33	$	3.12	$	2.32