Earnings Per Share (Tables)

9 Months Ended

Sep. 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				Nine Months Ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
	(in thousands, except per share data)
Basic earnings per share:
Net income	$	2,363,509	$	1,677,422	$	6,843,024	$	4,470,152
Shares used in computation:
Weighted-average shares of common stock outstanding	428,239		441,537		430,125		443,540
Basic earnings per share	$	5.52	$	3.80	$	15.91	$	10.08
Diluted earnings per share:
Net income	$	2,363,509	$	1,677,422	$	6,843,024	$	4,470,152
Shares used in computation:
Weighted-average shares of common stock outstanding	428,239		441,537		430,125		443,540
Effect of dilutive stock-based awards	9,659		8,474		9,632		7,779
Weighted-average number of shares	437,898		450,011		439,757		451,319
Diluted earnings per share	$	5.40	$	3.73	$	15.56	$	9.90

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		Nine Months Ended
	September 30, 2024	September 30, 2023	September 30, 2024	September 30, 2023
	(in thousands)
Stock-based awards	159	3,147	321	4,447