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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 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 the Company’s common shares outstanding. The computation of diluted EPS is based on the weighted average number of the Company’s 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 for per share amounts):
 For the years ended December 31,
 202520242023
Numerator for basic and diluted earnings per share:   
Net income$390,974 $402,299 $377,856 
Denominator:   
Weighted average shares outstanding, basic53,509 53,902 54,071 
Dilutive impact of equity awards207 297 311 
Weighted average shares outstanding, diluted53,716 54,199 54,382 
Basic earnings per share$7.31 $7.46 $6.99 
Diluted earnings per share$7.28 $7.42 $6.95 
In the table above, potentially dilutive shares outstanding include the dilutive effect of unvested restricted stock awards. Shares under the Employee Stock Purchase Plan (“ESPP”) which commenced in 2024 are issued on the last day of the offering period and therefore are included in the weighted average shares outstanding when issued.
Potentially dilutive shares whose effect would have been antidilutive have been excluded from the computation of diluted earnings per share. The Company included all outstanding performance awards and restricted stock awards in the calculation of diluted earnings per share except as shown in the table below (in thousands):
 For the years ended December 31,
 202520242023
Antidilutive restricted stock awards2 10 12 
Performance stock awards for which performance criteria was not attained at reporting date89 39 89