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Stockholders' Equity and Earnings Per Share
 6 Months Ended
Jun. 30, 2025
Stockholders' Equity and Earnings Per Share [Abstract]  
Stockholders' Equity and Earnings Per Share Stockholders’ Equity and Earnings Per Share
The following table presents the basic and diluted EPS calculations for the three and six months ended June 30, 2025 and 2024. 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 2024 Form 10-K.
Three Months Ended June 30,Six Months Ended June 30,
($ and shares in thousands, except per share data)2025202420252024
Basic:
Net income$310,253 $288,230 $600,523 $573,305 
Weighted-average number of shares outstanding137,818 138,980 138,009 139,195 
Basic EPS$2.25 $2.07 $4.35 $4.12 
Diluted:
Net income$310,253 $288,230 $600,523 $573,305 
Weighted-average number of shares outstanding137,818 138,980 138,009 139,195 
Add: Dilutive impact of unvested RSUs971 821 1,049 852 
Diluted weighted-average number of shares outstanding138,789 139,801 139,058 140,047 
Diluted EPS$2.24 $2.06 $4.32 $4.09 

Approximately 64 thousand and 55 thousand weighted-average shares of anti-dilutive RSUs were excluded from the diluted EPS computations for the three and six months ended June 30, 2025, respectively. For both the three and six months ended June 30, 2024, approximately 3 thousand weighted-average shares of anti-dilutive RSUs were excluded from the diluted EPS computations.

Stock Repurchase Program — On January 22, 2025, the Company’s Board of Directors authorized a stock repurchase of $300 million of the Company’s common stock. The Company repurchased $3 million and $88 million of common stock for the three and six months ended June 30, 2025, respectively, and $41 million and $123 million of common stock for the three and six months ended June 30, 2024, respectively.