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EARNINGS PER COMMON SHARE
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER COMMON SHARE EARNINGS PER COMMON SHARE
Potentially issuable shares of common stock include shares issuable upon the exercise of outstanding employee stock option awards, common stock issuable under the ESPP, unvested RSUs and contingent issuances of common stock related to the Company’s convertible debt.
The following table sets forth the computation of basic and diluted earnings per common share (common shares in thousands):
Three Months Ended
March 31,
20242023
Numerator:
Net Income, basic
$88,662 $50,852 
Add: Interest expense, net of tax, on the Company's convertible debt2,769 937 
Net Income, diluted
$91,431 $51,789 
Denominator:
Weighted-average common shares outstanding, basic188,866 186,667 
Effect of dilutive securities:
Common stock issuable under the Company's equity incentive plans2,061 3,726 
Common stock issuable under the Company’s convertible debt(1)
8,335 3,970 
Weighted-average common shares outstanding, diluted199,262 194,363 
Earnings per common share, basic
$0.47 $0.27 
Earnings per common share, diluted
$0.46 $0.27 
In addition to the equity instruments included in the table above, the table below presents potential shares of common stock that were excluded from the computation of diluted earnings per common share as they were anti-dilutive (in thousands):
Three Months Ended
March 31,
20242023
Common stock issuable under the Company's equity incentive plans10,947 8,610 
Common stock issuable under the Company’s convertible debt (1)
— 4,365 
Total number of potentially issuable shares10,947 12,975 
(1)    If converted, the Company would issue 4.0 million shares under the 2024 Notes and 4.4 million shares under the 2027 Notes. For additional discussion of the Company’s convertible debt, see Note 6 - Debt.