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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted earnings per share was as follows:
Three Months EndedNine Months Ended
 September 30,September 30,
(in thousands, except per share amounts)2025202420252024
Numerator:
Net income$179,996 $105,716 $306,264 $223,861 
Income allocated to participating securities(857)(540)(1,478)(1,135)
Net income available to common shareholders$179,139 $105,176 $304,786 $222,726 
Denominator:
Weighted average shares of common stock outstanding – basic46,050 46,904 46,226 47,979 
Basic earnings per share$3.89 $2.24 $6.59 $4.64 
Numerator:
Net income$179,996 $105,716 $306,264 $223,861 
Income allocated to participating securities(857)(540)(1,478)(1,135)
Net income available to common shareholders$179,139 $105,176 $304,786 $222,726 
Denominator:
Weighted average shares of common stock outstanding – basic46,050 46,904 46,226 47,979 
Dilutive effect of stock options, PVRSUs, and RSUs411 454 496 363 
Weighted average shares of common stock outstanding – diluted46,461 47,358 46,722 48,342 
Diluted earnings per share$3.86 $2.22 $6.52 $4.61 
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:
 Three Months EndedNine Months Ended
September 30,September 30,
(in thousands)2025202420252024
Stock options202 148 128 231 
PVRSUs38 38