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Earnings Per Share Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of reconciliation of the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS

The following table reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS for the years ended December 31, 2025, 2024 and 2023: 

			Year Ended December 31,
			2025						2024						2023
			(in thousands)
Determination of shares:
Weighted-average common shares outstanding			279,605						272,802						264,053
Assumed conversion of restricted stock awards (1)			127						160						156
Assumed conversion of performance-based restricted stock awards			203						540						784
Dilution attributable to equity forward contract			108						32						—
Diluted weighted-average common shares outstanding			280,043						273,534						264,993

Schedule of calculation of basic and diluted EPS for the Company's common stock

The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the years ended December 31, 2025, 2024 and 2023: 

			Year Ended December 31,
			2025						2024						2023
			(in thousands, except per share data)
Calculation of basic EPS:
Net income attributable to common shareholders			$	825,111					$	784,620					$	734,283
Less: Net income allocated to participating securities			(741)						(459)						(434)
Net income for earnings per share purposes			$	824,370					$	784,161					$	733,849
Weighted-average common shares outstanding			279,605						272,802						264,053
Basic EPS			$	2.95					$	2.87					$	2.78
Calculation of diluted EPS:
Net income attributable to common shareholders			$	825,111					$	784,620					$	734,283
Diluted weighted-average common shares outstanding (1)			279,916						273,534						264,993
Diluted EPS			$	2.95					$	2.87					$	2.77
Antidilutive securities excluded from the computation of diluted earnings per share			24						25						103

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- References

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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