XML 32 R23.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Earnings Per Share | 12 Months Ended
--- | ---
Dec. 31, 2019
Earnings Per Share |
Earnings per share | NOTE 16 – EARNINGS PER SHARE ​ The following table illustrates the computation of basic and diluted earnings per share for the years ended December 31, 2019, 2018 and 2017 (in thousands, except per share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended
​ | ​ | December 31,
​ |  | 2019 |  | 2018 |  | 2017
Numerator (basic and diluted): |  | ​ |  |  | ​ |  |  | ​ |
Net income | ​ | $ | 1,391,042 | ​ | $ | 1,324,487 | ​ | $ | 1,133,804
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ |  |  | ​ |  |  | ​ |  |
Weighted-average common shares outstanding – basic | ​ |  | 76,985 | ​ |  | 81,406 | ​ |  | 88,426
Effect of stock options (1) | ​ |  | 803 | ​ |  | 874 | ​ |  | 1,076
Weighted-average common shares outstanding – assuming dilution | ​ |  | 77,788 | ​ |  | 82,280 | ​ |  | 89,502
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share: | ​ |  |  | ​ |  |  | ​ |  |
Earnings per share-basic | ​ | $ | 18.07 | ​ | $ | 16.27 | ​ | $ | 12.82
Earnings per share-assuming dilution | ​ | $ | 17.88 | ​ | $ | 16.10 | ​ | $ | 12.67
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Antidilutive potential common shares not included in the calculation of diluted earnings per share: | ​ |  |  | ​ |  |  | ​ |  |
Stock options (1) | ​ |  | 229 | ​ |  | 567 | ​ |  | 715
Weighted-average exercise price per share of antidilutive stock options (1) | ​ | $ | 368.11 | ​ | $ | 268.55 | ​ | $ | 252.16
(1) | See Note 11 for further information concerning the terms of the Company’s share-based compensation plans.
​ Subsequent to the end of the year and through February 28, 2020, the Company repurchased 0.9 million shares of its common stock, at an average price of $400.78, for a total investment of $363.4 million. ​

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration