Net Income Per Share

6 Months Ended

Jun. 30, 2024

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Net income	$	68,156	$	106,292	$	131,857	$	228,297
Basic:
Weighted average shares	103,151		106,102		103,469		106,260
Diluted:
Weighted average shares	103,151		106,102		103,469		106,260
Dilutive effect of potential common shares	177		320		395		515
Diluted weighted average shares	103,328		106,422		103,864		106,775
Net income per share:
Basic	$	0.66	$	1.00	$	1.27	$	2.15
Diluted	$	0.66	$	1.00	$	1.27	$	2.14