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Net Income Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Reconciliation of Weighted Average Common Shares Outstanding
A reconciliation of weighted average shares outstanding used to calculate basic net income per share and diluted net income per share follows (in thousands, except per share data):
 
Three months ended September 30
 
Nine months ended September 30
 
2019
 
2018
 
2019
 
2018
Weighted average shares outstanding (basic)
165,324

 
175,942

 
167,834

 
175,672

Impact of common stock equivalents
802

 
1,186

 
888

 
1,176

Weighted average shares outstanding (diluted)
166,126

 
177,128

 
168,722

 
176,848

Per share:
 
 
 
 
 
 
 
Basic
$
0.38

 
$
0.37

 
$
1.06

 
$
0.86

Diluted
0.37

 
0.37

 
1.06

 
0.85