Net Income Per Share

12 Months Ended

Dec. 31, 2023

Net Income Per Share

Net Income per Share

11. Net Income Per Share

The following table presents the computation of net income per share on a basic and diluted basis for the years ended December 31:

(thousands except per share data)	2023		2022		2021
Net income attributable to shareholders	$	903,505	$	1,426,884	$	1,108,197
Weighted-average shares outstanding - basic		56,359		64,838		72,472
Net effect of various dilutive stock-based compensation awards		676		615		913
Weighted-average shares outstanding - diluted		57,035		65,453		73,385
Net income per share:
Basic	$	16.03	$	22.01	$	15.29
Diluted (a)	$	15.84	$	21.80	$	15.10
(a) Equity awards excluded from diluted net income per share as their effect would have been anti-dilutive		32		53		—