Earnings Per Share

9 Months Ended

Sep. 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				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
Numerator:
Net income available to common stockholders	$	391	$	333	836		786
Denominator:
Denominator for basic earnings per share—weighted-average common shares	76,699		82,344		78,111		83,345
Effect of dilutive securities:
Employee stock options	30		372		144		389
Restricted stock units	128		456		186		477
Denominator for diluted earnings per share—adjusted weighted-average common shares	76,857		83,172		78,441		84,211
Basic earnings per share	$	5.10	$	4.05	$	10.70	$	9.44
Diluted earnings per share	$	5.08	$	4.01	$	10.66	$	9.34