Annual report [Section 13 and 15(d), not S-K Item 405]

Earnings Per Share (Tables)

v3.25.4
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of EPS for the years ended December 31, 2025, 2024, and 2023 (in thousands, except number of shares and per share data):
Years Ended December 31,
  2025 2024 2023
Net income $ 481,376  $ 453,960  $ 405,645 
Basic earnings per share:
Weighted average shares outstanding for basic earnings per share 68,949,240  68,958,591  69,132,915 
Basic earnings per share $ 6.98  $ 6.58  $ 5.87 
Diluted earnings per share:
Weighted average shares outstanding for basic earnings per share 68,949,240  68,958,591  69,132,915 
Effect of dilutive securities:
Stock-based incentive plan 78,252  100,661  46,620 
Weighted average shares outstanding for diluted earnings per share 69,027,492  69,059,252  69,179,535 
Diluted earnings per share $ 6.97  $ 6.57  $ 5.86