Stockholders' Equity and Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Stockholders' Equity and Earnings Per Share [Abstract]

Schedule of earnings per share calculations

The following table presents the basic and diluted EPS calculations for the three months ended March 31, 2022 and 2021. For more information on the calculation of EPS, see Note 1 — Summary of Significant Accounting Policies — Significant Accounting Policies — Earnings Per Share to the Consolidated Financial Statements of the Company’s 2021 Form 10-K.

($ and shares in thousands, except per share data)	Three Months Ended March 31,
	2022		2021
Basic:
Net income	$	237,652	$	204,994
Weighted-average number of shares outstanding	142,025		141,646
Basic EPS	$	1.67	$	1.45
Diluted:
Net income	$	237,652	$	204,994
Weighted-average number of shares outstanding	142,025		141,646
Add: Dilutive impact of unvested RSUs	1,198		1,198
Diluted weighted-average number of shares outstanding	143,223		142,844
Diluted EPS	$	1.66	$	1.44