Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Earnings Per Share

The computation of earnings per share is as follows:

	Three Months Ended				Six Months Ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
	(in thousands, except per share data)
Basic earnings per share:
Net income	$	2,147,306	$	1,487,610	$	4,479,515	$	2,792,730
Shares used in computation:
Weighted-average shares of common stock outstanding	430,065		443,881		431,078		444,559
Basic earnings per share	$	4.99	$	3.35	$	10.39	$	6.28
Diluted earnings per share:
Net income	$	2,147,306	$	1,487,610	$	4,479,515	$	2,792,730
Shares used in computation:
Weighted-average shares of common stock outstanding	430,065		443,881		431,078		444,559
Effect of dilutive stock-based awards	9,674		7,691		9,619		7,431
Weighted-average number of shares	439,739		451,572		440,697		451,990
Diluted earnings per share	$	4.88	$	3.29	$	10.16	$	6.18

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		Six Months Ended
	June 30, 2024	June 30, 2023	June 30, 2024	June 30, 2023
	(in thousands)
Stock-based awards	118	4,348	402	5,097