Earnings Per Share (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(Amounts in thousands, except per share data)
Numerator:
Net income	$	40,405	$	33,498	$	137,230	$	99,181
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	$	40,405	$	33,498	$	137,617	$	99,181
Denominator:
Weighted average shares used in computing net income per share - basic		55,498		55,015		55,432		54,918
Effect of dilutive shares:
Options and stock units		673		919		663		913
Convertible Senior Notes		1,131		1,373		1,501		1,180
Dilutive effect of unvested performance stock units		2		61		2		61
Dilutive potential common shares		1,806		2,353		2,166		2,154
Denominator for diluted earnings per share - adjusted weighted average shares used in computing net income per share - diluted		57,304		57,368		57,598		57,072
Earnings per share:
Basic	$	0.73	$	0.61	$	2.48	$	1.81
Diluted	$	0.71	$	0.58	$	2.39	$	1.74