Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

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,
	2021		2020
Net income	$	98,655	$	30,912
Weighted average shares outstanding:
Basic	40,215		40,125
Effect of dilutive securities:
Stock options and employee stock purchase plan	631		830
Diluted	40,846		40,955
Earnings per share:
Basic	$	2.45	$	0.77
Diluted	$	2.42	$	0.75
Anti-dilutive stock options excluded from diluted earnings per share computations	—		66