Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Basic and Diluted Weighted Average Shares Outstanding

A reconciliation of basic and diluted weighted average shares outstanding is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
	(Amounts in thousands, except per share data)
Numerator:
Net income	$	49,861	$	36,233	$	96,825	$	65,683
Effect of dilutive securities:
Charges associated with convertible debt instruments, net of tax		—		—		387		—
Numerator for diluted earnings per share - net income available to common stockholders after the effect of dilutive securities	$	49,861	$	36,233	$	97,212	$	65,683
Denominator:
Weighted average shares used in computing net income per share - basic		55,444		54,931		55,399		54,868
Effect of dilutive shares:
Options and stock units		598		843		661		903
Convertible Senior Notes		676		1,012		1,779		1,052
Dilutive effect of unvested performance stock units		3		—		3		—
Dilutive potential common shares		1,277		1,855		2,443		1,956
Denominator for diluted earnings per share - adjusted weighted average shares used in computing net income per share - diluted		56,721		56,786		57,842		56,824
Earnings per share:
Basic	$	0.90	$	0.66	$	1.75	$	1.20
Diluted	$	0.88	$	0.64	$	1.68	$	1.16