Earnings Per Share

9 Months Ended

Sep. 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				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Numerator:



Net income available to common stockholders	$	409	$	208	905		593
Denominator:
Denominator for basic earnings per share—weighted-average common shares	72,463		72,190		72,419		72,795
Effect of dilutive securities:
Employee stock options	4		9		4		12



Restricted stock units	243		243		255		193
Denominator for diluted earnings per share—adjusted weighted-average common shares	72,710		72,442		72,678		73,000
Basic earnings per share	$	5.65	$	2.88	$	12.49	$	8.14
Diluted earnings per share	$	5.63	$	2.87	$	12.45	$	8.12