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Earning Per Share (EPS)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earning Per Share (EPS)
Basic EPS is computed by dividing net income by the weighted average number of shares of common stock outstanding during each period. The following table presents a reconciliation of the share amounts used in the computation of basic and diluted
earnings per share:
(In thousands)202320222021
Basic earnings per share—Weighted common shares outstanding149,900 142,294 135,411 
Weighted common shares assumed upon exercise of options and vesting of restricted stock units1,045 852 1,163 
Diluted earnings per share—Weighted common shares outstanding150,945 143,146 136,574 
The Company excluded the following shares underlying stock-based awards from the calculations of diluted EPS because their inclusion would have been anti-dilutive for the years ended December 31, 2023, 2022 and 2021:
(In thousands)202320222021
Shares excluded from calculations of diluted EPS657 447 136