Net Income per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Summary of Calculation of Basic and Diluted EPS

The table below presents the calculation of basic and diluted EPS:  

	Three Months Ended March 31,
	2022		2021
	(in thousands, except per share amounts)
Numerator:
Net income	$	639,640	$	172,580
Denominator:
Weighted average shares outstanding, basic		177,120		206,571
Dilutive effect of options and RSUs		2,426		2,053
Weighted average shares outstanding, diluted		179,546		208,624
Net income per share:
Basic	$	3.61	$	0.84
Diluted	$	3.56	$	0.83
Antidilutive and contingent RSUs excluded from diluted EPS	71		78