XML 43 R21.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 The computation of basic earnings per share (EPS) is based on the weighted-average number of common shares outstanding. The computation of diluted EPS is based on the weighted-average number of common shares outstanding and potential dilutive common shares during the period as determined by using the treasury stock method. The following are computations of basic and diluted earnings per share (in thousands, except per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Numerator for basic and diluted earnings per share: |  |  |  |  |  |  |
Net income | $ | 118,799 |  |  | $ | 115,213 |  |  | $ | 304,384 |  |  | $ | 318,325 |
Denominator: |  |  |  |  |  |  |
Weighted-average shares outstanding, basic | 53,518 |  |  | 53,951 |  |  | 53,659 |  |  | 53,936 |
Dilutive impact of equity awards | 195 |  |  | 278 |  |  | 212 |  |  | 293 |
Weighted-average shares outstanding, diluted | 53,713 |  |  | 54,229 |  |  | 53,871 |  |  | 54,229 |
Basic earnings per share: | $ | 2.22 |  |  | $ | 2.14 |  |  | $ | 5.67 |  |  | $ | 5.90 |
Diluted earnings per share: | $ | 2.21 |  |  | $ | 2.12 |  |  | $ | 5.65 |  |  | $ | 5.87 |
In the table above, potentially dilutive shares include the dilutive effect of unvested restricted stock awards and employee stock purchase plan (“ESPP”) rights (collectively referred to as “equity awards”). Potentially dilutive shares whose effect would have been antidilutive are excluded from the computation of diluted earnings per share. The Company included all outstanding performance awards, restricted stock awards and ESPP rights in the calculation of diluted earnings per share except as shown in the table below (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Antidilutive restricted stock awards | 2 |  |  | 5 |  |  | 9 |  |  | 6 |
Performance stock awards for which performance criteria was not attained at reporting date | 95 |  |  | 160 |  |  | 95 |  |  | 160 |

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