XML 36 R20.htm IDEA: XBRL DOCUMENT v3.25.0.1
Net Income Per Common Share
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Income Per Common Share Note 11 - Net Income Per Common Share
The following table displays a reconciliation of the information used in calculating basic and diluted net income per common share for the years ended December 31, 2024, 2023, and 2022. Diluted net income per common share incorporates the potential impact of contingently issuable shares, including awards which require future service as a condition of delivery of the underlying common stock.
Years Ended December 31,
(in thousands, except per share data)202420232022
Basic Net Income Per Common Share:
Net income available to common shareholders$439,557 $507,755 $724,739 
Weighted average common shares outstanding144,164 146,115 145,364 
Net income per common share, basic$3.05 $3.48 $4.99 
Diluted Net Income Per Common Share:
Net income available to common shareholders$439,557 $507,755 $724,739 
Weighted average common shares outstanding144,164 146,115 145,364 
Effect of dilutive outstanding equity-based awards834 619 1,117 
Weighted average diluted common shares144,998 146,734 146,481 
Net income per common share, diluted$3.03 $3.46 $4.95 
For the years ended December 31, 2024, 2023 and 2022, there were 20 thousand, 272 thousand and 21 thousand of potentially dilutive shares related to stock options to purchase shares of common stock that were outstanding but were not included in the computation of diluted net income per common share because the effect would have been anti-dilutive.