XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.25.3

Earnings Per Share | 9 Months Ended
--- | ---
Sep. 30, 2025
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Calculation of Basic and Diluted Earnings per Common Share The following tables summarize our calculation of Basic and Diluted Earnings per Common Share (“EPS”) for the three and nine months ended September 30, 2025 and 2024 (in thousands, except share and per share data):
| For the three months ended September 30,
| 2025 |  | 2024
Numerator: |  |  |
Net income | $ | 295,373 |  |  | $ | 270,263 |
Denominator: |  |  |
Weighted average shares outstanding used to compute basic earnings per common share | 44,794,790 |  |  | 46,394,857 |
Effect of dilutive securities—Share-based awards | 173,518 |  |  | 193,903 |
Shares used to compute diluted earnings per common share | 44,968,308 |  |  | 46,588,760 |
Basic earnings per common share | $ | 6.59 |  |  | $ | 5.83 |
Diluted earnings per common share | $ | 6.57 |  |  | $ | 5.80 |
NOTE 5 - Earnings Per Share (Continued)
| For the nine months ended September 30,
| 2025 |  | 2024
Numerator: |  |  |
Net income | $ | 838,210 |  |  | $ | 714,984 |
Denominator: |  |  |
Weighted average shares outstanding used to compute basic earnings per common share | 45,078,735 |  |  | 46,829,458 |
Effect of dilutive securities—Share-based awards | 159,875 |  |  | 186,614 |
Shares used to compute diluted earnings per common share | 45,238,610 |  |  | 47,016,072 |
Basic earnings per common share | $ | 18.59 |  |  | $ | 15.27 |
Diluted earnings per common share | $ | 18.53 |  |  | $ | 15.21 |
The number of share-based awards excluded from the computation of diluted EPS for the three and nine months ended September 30, 2025 because they would be anti-dilutive were 1,000 and 1,150, respectively. There were no anti-dilutive share-based awards for the three months ended September 30, 2024. The number of share-based awards excluded from the computation of diluted EPS for the nine months ended September 30, 2024 because they would be anti-dilutive were 8,950.

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://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration