Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Earnings Per Share

The computation of earnings per share is as follows:

	Three Months Ended
	March 31, 2024		March 31, 2023
	(in thousands, except per share data)
Basic earnings per share:
Net income	$	2,332,209	$	1,305,120
Shares used in computation:
Weighted-average shares of common stock outstanding	432,090		445,244
Basic earnings per share	$	5.40	$	2.93
Diluted earnings per share:
Net income	$	2,332,209	$	1,305,120
Shares used in computation:
Weighted-average shares of common stock outstanding	432,090		445,244
Effect of dilutive stock-based awards	9,564		7,173
Weighted-average number of shares	441,654		452,417
Diluted earnings per share	$	5.28	$	2.88

Schedule of Potential Common Shares Excluded from Diluted Calculation

The following table summarizes the potential shares of common stock excluded from the diluted calculation as their inclusion would have been anti-dilutive:

	Three Months Ended
	March 31, 2024	March 31, 2023
	(in thousands)
Stock-based awards	685	5,847