Net Income per Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share Reconciliation [Abstract]

Schedule of Components Used in Diluted and Basic Income Per Common Share

The following table sets forth the components used in the computation of basic and diluted net income per share for the three months ended March 31, 2017 and 2016 (in thousands, except per share data):

	For the Three Months Ended March 31,
	2017		2016
Numerator:
Net income	$	80,930	$	74,858
Denominator:
Shares used for basic net income per share	173,158		176,403
Effect of dilutive securities:
Stock options	360		403
RSUs and DSUs	1,653		733
Convertible senior notes	—		—
Warrants related to issuance of convertible senior notes	—		—
Shares used for diluted net income per share	175,171		177,539
Basic net income per share	$	0.47	$	0.42
Diluted net income per share	$	0.46	$	0.42

Schedule of Shares Excluded from Computation of Diluted Earnings Per Share

The number of potentially outstanding shares excluded from the computation of diluted net income per share for the three months ended March 31, 2017 and 2016 are as follows (in thousands):

	For the Three Months Ended March 31,
	2017	2016
Stock options	3	104
Service-based RSUs	2,681	4,662
Performance-based RSUs	1,253	1,348
Convertible senior notes	7,704	7,704
Warrants related to issuance of convertible senior notes	7,704	7,704
Total shares excluded from computation	19,345	21,522