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Net Income Per Share (Tables) | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
Calculation of Net Income Per Share | The calculation of net income per share for the three years ended December 31, 2019, 2018 and 2017, are reflected in the following table (in thousands, except per share amounts):
|  | Years Ended December 31, |  |  |  |
|  | 2019 |  | 2018 |  | 2017
Net income |  | $ | 454,433 |  |  | $ | 434,288 |  |  | $ | 290,584 |
Basic: |  |  |  |  |  |
Weighted average shares |  | 115,656 |  |  | 120,513 |  |  | 124,152 |
Diluted: |  |  |  |  |  |
Weighted average shares |  | 115,656 |  |  | 120,513 |  |  | 124,152 |
Dilutive effect of potential common shares |  | 755 |  |  | 1,089 |  |  | 740 |
Diluted weighted average shares |  | 116,411 |  |  | 121,602 |  |  | 124,892 |
Net income per share: |  |  |  |  |  |
Basic |  | $ | 3.93 |  |  | $ | 3.60 |  |  | $ | 2.34 |
Diluted |  | $ | 3.90 |  |  | $ | 3.57 |  |  | $ | 2.33 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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