Three Months Ended
June 30,

Six Months Ended
June 30,

2024

2023

2024

2023

(in thousands, except per share amounts)

Numerator:

Net income

$

344,090

$

404,619

$

602,871

$

738,405

Denominator:

Weighted average shares outstanding, basic

119,244

126,977

120,608

132,034

Dilutive effect of options and RSUs

828

1,089

1,113

1,213

Weighted average shares outstanding, diluted

120,072

128,066

121,721

133,247

Net income per share:

Basic

$

2.89

$

3.19

$

5.00

$

5.59

Diluted

$

2.87

$

3.16

$

4.95

$

5.54

Antidilutive and contingent RSUs excluded from diluted EPS

280

2

158

2