Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Computation of earnings per share and reconciliation of basic and diluted weighted average common shares outstanding

The table below presents the computation of EPS, including the reconciliation of basic and diluted weighted average shares outstanding (in thousands, except EPS):

	Three Months Ended
	March 31,
	2020		2019
Net income	$	30,912	$	32,637
Weighted average shares outstanding:
Basic	40,125		39,479
Effect of dilutive securities:
Stock options and employee stock purchase plan	830		1,217
Diluted	40,955		40,696
Earnings per share:
Basic	$	0.77	$	0.83
Diluted	$	0.75	$	0.80
Anti-dilutive stock options excluded from diluted earnings per share computations	66		65