XML 23 R12.htm IDEA: XBRL DOCUMENT v3.21.2
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2021
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE 3 — EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended June 30, 

​

Six Months Ended June 30, 

​

    

2021

 

2020

 

2021

 

2020

Numerator:

 

​

​

 

​

  

 

​

  

 

​

  

Net income

​

$

96,105

​

$

26,996

​

$

170,282

​

$

82,558

Denominator (shares in 000's):

​

 

​

​

 

​

​

 

​

​

 

​

Basic weighted average shares outstanding

​

 

59,464

​

 

59,354

​

 

59,553

​

 

59,769

Effect of dilutive securities - Stock options and awards

​

 

700

​

 

477

​

 

676

​

 

531

Diluted weighted average shares outstanding

​

 

60,164

​

 

59,831

​

 

60,229

​

 

60,300

Basic earnings per share

​

$

1.62

​

$

0.45

​

$

2.86

​

$

1.38

Diluted earnings per share

​

$

1.60

​

$

0.45

​

$

2.83

​

$

1.37

​

For the three months ended June 30, 2021 and 2020, common shares subject to equity-based awards of 179,861 and 852,159, respectively, were excluded from the computation of diluted earnings per share because the

effect of their exercise would be anti-dilutive. For the six months ended June 30, 2021 and 2020, common shares subject to equity-based awards of 134,388 and 779,404, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.