Net Income Per Share

6 Months Ended

Jun. 30, 2023

Note 12. Net Income Per Share

Net income per share was calculated as follows for the periods indicated below:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Basic net income	$	203,548	$	161,432	$	225,251	$	199,424

Weighted average common shares outstanding	223,248		221,660		223,104		221,493

Basic net income per share	$	0.91	$	0.73	$	1.01	$	0.90

Diluted net income	$	203,548	$	161,432	$	225,251	$	199,424

Weighted average common shares outstanding	223,248		221,660		223,104		221,493
Dilutive stock options and awards	2,401		2,001		2,437		1,784
Weighted average shares used to compute diluted net income per share	225,649		223,661		225,541		223,277

Diluted net income per share	$	0.90	$	0.72	$	1.00	$	0.89

The potential common shares that were excluded from the diluted net income per share computation are as follows:


	Three Months Ended June 30,		Six Months Ended June 30,
	2023	2022	2023	2022
Outstanding stock options and awards	12,806,418	10,767,335	10,781,677	10,901,507