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Stockholders' Equity and Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Stockholders' Equity and Earnings Per Share [Abstract]  
Schedule of earnings per share calculations
The following table presents the basic and diluted EPS calculations for the three months ended March 31, 2021 and 2020. For more information on the calculation of EPS, see Note 1 — Summary of Significant Accounting Policies — Significant Accounting Policies — Earnings Per Share to the Consolidated Financial Statements of the Company’s 2020 Form 10-K.
($ and shares in thousands, except per share data)Three Months Ended March 31,
20212020
Basic:
Net income$204,994 $144,824 
Basic weighted-average number of shares outstanding141,646 144,814 
Basic EPS$1.45 $1.00 
Diluted:
Net income$204,994 $144,824 
Basic weighted-average number of shares outstanding 141,646 144,814 
Diluted potential common shares (1)
1,198 471 
Diluted weighted-average number of shares outstanding (1)
142,844 145,285 
Diluted EPS$1.44 $1.00 
(1)Includes dilutive shares from RSUs for the three months ended March 31, 2021 and 2020.