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Earnings Per Share | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share ("EPS") for the periods presented (in thousands, except per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Net income | $ | 275,760 |  |  | $ | 211,739 |  |  | $ | 741,503 |  |  | $ | 575,674 |
Net (income) loss attributable to non-controlling interests | 34 |  |  | 68 |  |  | 107 |  |  | (92) |
Net income attributable to Equinix | $ | 275,794 |  |  | $ | 211,807 |  |  | $ | 741,610 |  |  | $ | 575,582 |
Weighted-average shares used to calculate basic EPS | 93,683 |  |  | 91,896 |  |  | 93,396 |  |  | 91,234 |
Effect of dilutive securities: |  |  |  |  |  |  |
Employee equity awards | 485 |  |  | 239 |  |  | 392 |  |  | 285 |
Weighted-average shares used to calculate diluted EPS | 94,168 |  |  | 92,135 |  |  | 93,788 |  |  | 91,519 |
EPS attributable to Equinix: |  |  |  |  |  |  |
Basic EPS | $ | 2.94 |  |  | $ | 2.30 |  |  | $ | 7.94 |  |  | $ | 6.31 |
Diluted EPS | $ | 2.93 |  |  | $ | 2.30 |  |  | $ | 7.91 |  |  | $ | 6.29 |
We have excluded common stock related to employee equity awards in the diluted EPS calculation above of approximately 25,000 and 351,000 shares for the three months ended September 30, 2023 and 2022, respectively, and approximately 79,000 and 379,000 shares for the nine months ended September 30, 2023 and 2022, respectively, because its effect would be anti-dilutive.

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