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Net Income Per Common Share
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net Income Per Common Share
Note 7 - 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 three months ended March 31, 2025 and 2024. 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.
Three Months Ended March 31,
(in thousands, except per share data)20252024
Basic Net Income Per Common Share:
Net income available to common shareholders$183,691 $114,822 
Weighted average common shares outstanding140,684 146,430 
Net income per common share, basic$1.31 $0.78 
Diluted Net Income Per Common Share:
Net income available to common shareholders$183,691 $114,822 
Weighted average common shares outstanding140,684 146,430 
Effect of dilutive outstanding equity-based awards1,091 692 
Weighted average diluted common shares141,775 147,122 
Net income per common share, diluted$1.30 $0.78 
For the three months ended March 31, 2025, there were no potentially dilutive shares and for the three months ended March 31, 2024, there were 21 thousand potentially dilutive shares related to stock options to purchase shares of common stock that were outstanding. These potentially dilutive shares were not included in the computation of diluted net income per common share because the effect would be anti-dilutive.