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Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Share
The calculations of basic and diluted net income per share are as follows:
 
 
Year Ended December 31,
 
 
2017
 
2016
 
2015
Net income - basic
 
$
1,198,511

 
$
895,522

 
$
636,056

Effect of dilutive securities:
 
 
 
 
 
 
Convertible senior notes - interest expense and amortization of discount and note issuance costs
 

 
397

 

Net income - diluted
 
$
1,198,511

 
$
895,919

 
$
636,056

 
 
 
 
 
 
 
(Shares in thousands)
 
 
 
 
 
 
Weighted average shares - basic
 
106,338

 
104,719

 
103,061

Effect of dilutive securities:
 
 
 
 
 
 
Stock options
 
9,132

 
10,177

 
9,446

Restricted stock
 
484

 
474

 
477

Convertible senior notes
 

 
61

 

Warrants
 

 
936

 
2,246

Dilutive potential shares
 
9,616

 
11,648

 
12,169

Weighted average shares - diluted
 
115,954

 
116,367

 
115,230

 
 
 
 
 
 
 
Net income per share - basic
 
$
11.27

 
$
8.55

 
$
6.17

Net income per share - diluted
 
$
10.34

 
$
7.70

 
$
5.52

Antidilutive Securities
Shares which have been excluded from diluted per share amounts because their effect would have been antidilutive, include the following:
 
 
Year Ended December 31,
(Shares in thousands)
 
2017
 
2016
 
2015
Stock options
 
9,161

 
8,041

 
1,343

Restricted stock
 

 
19

 

Convertible senior notes
 

 

 
994