Earnings Per Share

6 Months Ended

Jun. 30, 2021

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,
	2021		2020		2021		2020
Numerator:



Net income available to common stockholders	$	293	$	212	496		385
Denominator:
Denominator for basic earnings per share—weighted-average common shares	72,455		72,161		72,397		73,101
Effect of dilutive securities:
Employee stock options	4		12		5		14



Restricted stock units	258		102		291		155
Denominator for diluted earnings per share—adjusted weighted-average common shares	72,717		72,275		72,693		73,270
Basic earnings per share	$	4.03	$	2.94	$	6.85	$	5.26
Diluted earnings per share	$	4.02	$	2.93	$	6.82	$	5.25