Stockholders' Equity and Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

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, 2024 and 2023. 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 in the Company’s 2023 Form 10-K.

($ and shares in thousands, except per share data)	Three months ended March 31,
	2024		2023
Basic:
Net income	$	285,075	$	322,439
Weighted-average number of shares outstanding	139,409		141,112
Basic EPS	$	2.04	$	2.28
Diluted:
Net income	$	285,075	$	322,439
Weighted-average number of shares outstanding	139,409		141,112
Add: Dilutive impact of unvested RSUs	852		801
Diluted weighted-average number of shares outstanding	140,261		141,913
Diluted EPS	$	2.03	$	2.27