NET INCOME PER SHARE

3 Months Ended

Mar. 31, 2020

Net income per share attributable to TTEC stockholders

NET INCOME PER SHARE

(15)NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted shares for the periods indicated (in thousands):

	Three Months Ended March 31,
	2020	2019
Shares used in basic earnings per share calculation	46,498	46,203
Effect of dilutive securities:
Stock options	—	—
Restricted stock units	315	387
Performance-based restricted stock units	—	—
Total effects of dilutive securities	315	387
Shares used in dilutive earnings per share calculation	46,813	46,590

For the three months ended March 31, 2020 and 2019,  there were no options to purchase shares of common stock outstanding that were excluded from the computation of diluted net income per share because the exercise price exceeded the value of the shares and the effect would have been anti-dilutive. For the three months ended March 31, 2020 and 2019, there were restricted stock units (“RSUs”) of 66 and 331 thousand, respectively, outstanding which were excluded from the computation of diluted net income per share because the effect would have been anti-dilutive.