Earnings Per Share

12 Months Ended

Dec. 31, 2020

Earnings Per Share Reconciliation [Abstract]

The components of basic and diluted earnings per share are as follows (in thousands, except share and per share data):


	Years Ended December 31,
	2020		2019		2018
Numerator for basic and diluted net income per common share:
Net income attributable to J2 Global, Inc. common shareholders	$	150,668	$	218,806	$	128,687
Net income available to participating securities (1)	(632)		(3,496)		(1,885)
Net income available to J2 Global, Inc. common shareholders	$	150,036	$	215,310	$	126,802
Denominator:
Weighted-average outstanding shares of common stock	46,308,825		47,647,397		47,950,746
Dilutive effect of:
Equity incentive plans	25,232		78,076		146,906
Convertible debt (2)	788,454		1,300,211		830,139
Common stock and common stock equivalents	47,122,511		49,025,684		48,927,791
Net income per share:
Basic	$	3.24	$	4.52	$	2.64
Diluted	$	3.18	$	4.39	$	2.59

(1)Represents unvested share-based payment awards that contain certain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid).

(2)Represents the incremental shares issuable upon conversion of the 3.25% Convertible Notes due June 15, 2029 and 1.75% Convertible Notes due November 1, 2026 by applying the treasury stock method when the average stock price exceeds the conversion price of the Convertible Notes (see Note 10 - Long Term Debt).

For the years ended December 31, 2020, 2019 and 2018, there were zero options outstanding, respectively, which were excluded from the computation of diluted earnings per share because the exercise prices were greater than the average market price of the common stock.