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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2023
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:

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Three Months Ended March 31, 

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2023

 

2022

Numerator:

 

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Net income

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$

121,931

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$

126,030

Denominator (shares in 000's):

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​

​

 

​

Basic weighted average shares outstanding

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57,596

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58,606

Effect of dilutive securities - Stock options and awards

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821

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666

Diluted weighted average shares outstanding

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58,417

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59,272

Basic earnings per share

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$

2.12

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$

2.15

Diluted earnings per share

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$

2.09

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$

2.13

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For the three months ended March 31, 2023 and 2022, common shares subject to equity-based awards of 29,112 and 69,614, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.