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Earnings per Share
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings per Share EARNINGS PER SHARE
Basic earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of shares of common stock outstanding during the period. The computation of diluted earnings per share is similar to the computation of basic earnings per share, except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if dilutive potential shares of common stock had been issued. The calculation of basic and diluted earnings per share for the years noted was as follows (in thousands, except per share data):
Years Ended December 31,
 202520242023
Net income$863,024 $1,058,616 $1,066,250 
Basic weighted-average number of shares outstanding78,681 74,713 76,807 
Dilutive common share equivalents380 714 1,054 
Diluted weighted-average number of shares outstanding79,061 75,427 77,861 
Basic earnings per share$10.97 $14.17 $13.88 
Diluted earnings per share$10.92 $14.03 $13.69 
The computation of diluted earnings per share excludes stock options, warrants and stock units that are anti-dilutive. For the years ended December 31, 2025, 2024 and 2023, stock options, warrants and stock units representing common share equivalents of 41,871 shares, 42,918 shares and 55,298 shares, respectively, were anti-dilutive.