Earnings Per Share

6 Months Ended

Jun. 30, 2019

Basic earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of common shares plus the effect of dilutive potential common shares outstanding during the period. The following table sets forth the computation of basic and diluted earnings per share (shares in thousands):



	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
Numerator:
Net income available to common stockholders	$	270	$	270	445		453
Denominator:
Denominator for basic earnings per share—weighted-average common shares	78,264		83,456		78,829		83,854
Effect of dilutive securities:
Employee stock options	108		370		200		393
Restricted stock units	95		373		211		476
Denominator for diluted earnings per share—adjusted weighted-average common shares	78,467		84,199		79,240		84,723
Basic earnings per share	$	3.45	$	3.22	$	5.65	$	5.40
Diluted earnings per share	$	3.44	$	3.20	$	5.62	$	5.34