Net Income Per Share

3 Months Ended

Mar. 31, 2024

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, 2024 and 2023, is reflected in the following table (in thousands, except per share amounts):

	Three Months Ended March 31,
	2024		2023
Net income	$	63,701	$	122,005
Basic:
Weighted average shares	103,787		106,420
Diluted:
Weighted average shares	103,787		106,420
Dilutive effect of potential common shares	612		710
Diluted weighted average shares	104,399		107,130
Net income per share:
Basic	$	0.61	$	1.15
Diluted	$	0.61	$	1.14