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Net Income Per Share
3 Months Ended
Mar. 31, 2017
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, 2017 and 2016 is reflected in the following table (in thousands, except per share amounts):
 
Three Months Ended March 31,
 
2017
 
2016
 
 
 
 
Net income
$
78,521

 
$
83,416

Basic:
 
 
 
Weighted average shares
125,537

 
129,281

 
 
 
 
Diluted:
 
 
 
Weighted average shares
125,537

 
129,281

Dilutive effect of potential common shares
881

 
856

Diluted weighted average shares
126,418

 
130,137

 
 
 
 
Net income per share:
 
 
 
Basic
$
.63

 
$
.65

Diluted
$
.62

 
$
.64