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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share

The following is a reconciliation of net income per share:
 
For the Three Months Ended March 31,
 
2020
 
2019
(in thousands, except per share amounts)
 
 
 
Numerator for basic and diluted net income per share:
 
 
 
Net income from continuing operations
$
33,806

 
$
1,733

Income/(loss) from discontinued operations, net of tax
13

 
(46
)
Net income
$
33,819

 
$
1,687

Denominator:
 

 
 

Weighted-average shares for basic income/(loss) per share
79,028

 
80,179

Dilutive effect of stock options and RSUs
1,497

 
1,098

Weighted-average shares for diluted income/(loss) per share
80,525

 
81,277

Income/(loss) per share
 

 
 

Basic:
 

 
 

Net income from continuing operations
$
0.43

 
$
0.02

Income/(loss) from discontinued operations, net of tax

 

Net income
$
0.43

 
$
0.02

Diluted:
 
 
 
Net income from continuing operations
$
0.42

 
$
0.02

Income/(loss) from discontinued operations, net of tax

 

Net income
$
0.42

 
$
0.02



The dilutive effect of share-based compensation awards has been calculated using the treasury-stock method. For the three months ended March 31, 2020 and 2019, an aggregate of 0.1 million and 0.5 million, respectively, of PBRSUs and RSUs were excluded from the weighted-average diluted common shares outstanding due to their anti-dilutive effect.