Quarterly report [Sections 13 or 15(d)]

Earnings Per Share (Tables)

v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
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, 2026 and 2025 (in thousands, except number of shares and per share data):

Three Months Ended
June 30,
Six Months Ended
June 30,
2026 2025 2026 2025
Net income $ 153,930  $ 116,140  $ 296,832  $ 236,792 
Basic earnings per share:
Weighted average shares outstanding for basic earnings per share 68,974,580  68,961,978  68,966,839  68,952,087 
Basic earnings per share $ 2.23  $ 1.68  $ 4.30  $ 3.43 
Diluted earnings per share:
Weighted average shares outstanding for basic earnings per share 68,974,580  68,961,978  68,966,839  68,952,087 
Effect of dilutive securities:
Incentive and equity compensation plans 60,000  78,762  52,541  74,775 
Weighted average shares outstanding for diluted earnings per share 69,034,580  69,040,740  69,019,380  69,026,862 
Diluted earnings per share $ 2.23  $ 1.68  $ 4.30  $ 3.43