| 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
|
|
|