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Earnings per Share (EPS)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings per Share (EPS) Earnings per Share (EPS)
Basic EPS is based on the weighted average number of shares of common stock outstanding. Diluted EPS is based on the weighted average number of shares of common stock outstanding and common stock equivalents that would be issuable upon the vesting of service-based and performance and service-based restricted stock units (RSUs), and the exercise of vested and unvested stock options.
The following table reconciles the net income and the weighted average shares of common stock outstanding used in the computations of basic and diluted EPS of common stock:
For the three months ended September 30,For the nine months ended September 30,
2025202420252024
(In Thousands, except for per share data)
Net income – basic and diluted$95,999 $92,810 $294,709 $273,939 
Basic weighted average shares outstanding
77,410 79,549 77,935 80,129 
Dilutive effect of issuable shares1,420 1,496 1,380 1,355 
Diluted weighted average shares outstanding
78,830 81,045 79,315 81,484 
Earnings per share
Basic
$1.24 $1.17 $3.78 $3.42 
Diluted
$1.22 $1.15 $3.72 $3.36 
Anti-dilutive shares—