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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share
The computation of basic and diluted earnings per share was as follows:
 Year Ended December 31,
 (in thousands, except per share amounts)202420232022
Numerator:
Net income$299,665 $258,507 $332,152 
Income allocated to participating securities(1,521)(1,379)(1,881)
Net income available to common shareholders$298,144 $257,128 $330,271 
Denominator:
Weighted average shares of common stock outstanding - basic47,653 50,341 54,595 
Basic earnings per share$6.26 $5.11 $6.05 
Numerator:
Net income$299,665 $258,507 $332,152 
Income allocated to participating securities(1,521)(1,379)(1,881)
Net income available to common shareholders$298,144 $257,128 $330,271 
Denominator:
Weighted average shares of common stock outstanding - basic47,653 50,341 54,595 
Dilutive effect of stock options, PVRSUs, and RSUs425 359 526 
Weighted average shares of common stock outstanding - diluted48,078 50,700 55,121 
Diluted earnings per share$6.20 $5.07 $5.99 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following securities have been excluded from the calculation of the diluted weighted average shares of common stock outstanding because the inclusion of these securities would have an anti-dilutive effect:
 Year Ended December 31,
(in thousands)202420232022
Stock options147 232 153 
PVRSUs7 71 —