Income Per Common Share

9 Months Ended

Sep. 30, 2025

2. INCOME PER COMMON SHARE

The following table illustrates the computation of basic and diluted earnings per share:


	Three Months Ended September 30,								Nine Months Ended September 30,
	2025				2024				2025				2024
	Amount		Per Share Amount		Amount		Per Share Amount		Amount		Per Share Amount		Amount		Per Share Amount
	(Amounts in thousands, except per share data)
Net income	$	137,556			$	127,282			$	402,936			$	349,310
Basic:
Weighted average shares outstanding		95,093	$	1.45		95,261	$	1.34		95,211	$	4.23		94,912	$	3.68
Diluted:
Weighted average shares outstanding		95,093	$	1.45		95,261	$	1.34		95,211	$	4.23		94,912	$	3.68

There were no stock options outstanding at September 30, 2025, or exercisable during the three and nine months ended September 30, 2025, or 2024 that would have had an anti-dilutive effect on the above computation.