Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.22.2.2
EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
(3) EARNINGS PER SHARE

Basic earnings per share is computed by dividing net income by the weighted average number of shares outstanding during the period. Diluted net earnings per share is determined by using the weighted average number of common and dilutive common equivalent shares outstanding during the period, unless the effect is antidilutive.

The calculations of shares used to compute net earnings per share were as follows (in thousands):

Three months ended Nine months ended
September 30,
2022
September 30,
2021
September 30,
2022
September 30,
2021
Weighted average shares outstanding - basic 339,025  329,454  337,111  324,340 
Potential dilutive common shares 42,046  49,480  42,757  45,864 
Weighted average shares outstanding - diluted 381,071  378,934  379,868  370,204