Net Income Per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Net Income Per Share

Net Income Per Share

The calculation of net income per share for the three months ended March 31, 2023 and 2022, is reflected in the following table (in thousands, except per share amounts):

	Three Months Ended March 31,
	2023		2022
Net income	$	122,005	$	168,239
Basic:
Weighted average shares	106,420		109,218
Diluted:
Weighted average shares	106,420		109,218
Dilutive effect of potential common shares	710		1,373
Diluted weighted average shares	107,130		110,591
Net income per share:
Basic	$	1.15	$	1.54
Diluted	$	1.14	$	1.52