EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2023

Net income per share:

EARNINGS PER SHARE

NOTE 16:       EARNINGS PER SHARE

The following table presents the computation of basic and diluted earnings per share (“EPS”):

	Three Months Ended March 31,
	2023		2022
Basic EPS:
Numerator:
Net income	$	138,378	$	33,123
Denominator:
Shares used in computing net earnings per share of common stock, basic		56,215,490		53,134,937
Diluted EPS:
Numerator:
Net income attributable to common stock, basic	$	138,378	$	33,123
Notes due 2025		552		553
Net income attributable to common stock, diluted	$	138,930	$	33,676
Denominator:
Shares used in computing net earnings per share of common stock, basic		56,215,490		53,134,937
Notes due 2025		2,276,818		2,276,818
Effect of stock-based awards		701,523		903,438
Shares used in computing net earnings per share of common stock, diluted		59,193,831		56,315,193
Earnings per share:
Basic	$	2.46	$	0.62
Diluted	$	2.35	$	0.60
Shares excluded from the calculation of diluted net EPS due to their anti-dilutive effect		192,339		223,776