Stockholders' Equity and Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 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 and nine months ended September 30, 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.

	Three Months Ended September 30,				Nine Months Ended September 30,
($ and shares in thousands, except per share data)	2024		2023		2024		2023
Basic:
Net income	$	299,166	$	287,738	$	872,471	$	922,208
Weighted-average number of shares outstanding	138,606		141,485		138,997		141,356
Basic EPS	$	2.16	$	2.03	$	6.28	$	6.52
Diluted:
Net income	$	299,166	$	287,738	$	872,471	$	922,208
Weighted-average number of shares outstanding	138,606		141,485		138,997		141,356
Add: Dilutive impact of unvested RSUs	1,042		637		942		688
Diluted weighted-average number of shares outstanding	139,648		142,122		139,939		142,044
Diluted EPS	$	2.14	$	2.02	$	6.23	$	6.49