XML 37 R28.htm IDEA: XBRL DOCUMENT
v3.23.3

Net Income Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Earnings Per Share [Abstract] |
Schedule of Net Income Per Share, Basic and Diluted | The calculation of basic and diluted net income per share is as follows.
Net income per share
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands, except per-share amounts) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Net income—basic and diluted |  | $ | 156,582 |  |  | $ | 198,280 |  |  | $ | 460,426 |  |  | $ | 580,604 |
Average common shares outstanding—basic |  | 158,461 |  |  | 162,506 |  |  | 158,992 |  |  | 171,116 |
Dilutive effect of share-based compensation arrangements (1) |  | 1,686 |  |  | 2,232 |  |  | 1,877 |  |  | 2,502 |
Adjusted average common shares outstanding—diluted |  | 160,147 |  |  | 164,738 |  |  | 160,869 |  |  | 173,618 |
Net income per share |  |  |  |  |  |  |  |
Basic |  | $ | 0.99 |  |  | $ | 1.22 |  |  | $ | 2.90 |  |  | $ | 3.39 |
Diluted |  | $ | 0.98 |  |  | $ | 1.20 |  |  | $ | 2.86 |  |  | $ | 3.34 |
Schedule of Antidilutive Securities | The following number of shares of our common stock equivalents issued under our share-based compensation arrangements are not included in the calculation of diluted net income per share because their effect would be anti-dilutive.
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Shares of common stock equivalents |  | — |  |  | — |  |  | 100 |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration