Quarterly report [Sections 13 or 15(d)]

Earnings Per Share (Tables)

v3.25.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted EPS for the three and six months ended June 30, 2025 and 2024 (in thousands, except number of shares and per share data):
Three Months Ended
June 30,
Six Months Ended
June 30,
  2025 2024 2025 2024
Net income $ 116,140  $ 114,589  $ 236,792  $ 229,006 
Basic earnings per share:
Weighted average shares outstanding for basic earnings per share 22,987,326  22,987,971  22,984,029  22,995,486 
Basic earnings per share $ 5.05  $ 4.99  $ 10.30  $ 9.96 
Diluted earnings per share:
Weighted average shares outstanding for basic earnings per share 22,987,326  22,987,971  22,984,029  22,995,486 
Effect of dilutive securities:
Incentive and equity compensation plans 26,254  25,822  24,925  22,827 
Weighted average shares outstanding for diluted earnings per share 23,013,580  23,013,793  23,008,954  23,018,313 
Diluted earnings per share $ 5.05  $ 4.98  $ 10.29  $ 9.95