Note 13. Net Income Per Share Net income per share was calculated as follows for the periods indicated below: | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | | 2024 | | 2023 | | Basic net income | | | | | $ | 169,548 | | | $ | 21,703 | | | | | | | | | | | Weighted average common shares outstanding | | | | | 224,484 | | 222,960 | | | | | | | | | | Basic net income per share | | | | | $ | 0.76 | | | $ | 0.10 | | | | | | | | | | | Diluted net income | | | | | $ | 169,548 | | | $ | 21,703 | | | | | | | | | | | Weighted average common shares outstanding | | | | | 224,484 | | 222,960 | | Dilutive stock options and awards | | | | | 2,735 | | 2,629 | | Weighted average shares used to compute diluted net income per share | | | | | 227,219 | | 225,589 | | | | | | | | | | Diluted net income per share | | | | | $ | 0.75 | | | $ | 0.10 | |
The potential common shares that were excluded from the diluted net income per share computation are as follows: | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | | 2024 | | 2023 | | Outstanding stock options and awards | | | | | 13,165,842 | | 10,078,342 |
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