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Stockholders' Equity and Earnings Per Share
 9 Months Ended
Sep. 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 nine months ended September 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 September 30,Nine Months Ended September 30,
($ and shares in thousands, except per share data)2025202420252024
Basic:
Net income$368,394 $299,166 $968,917 $872,471 
Weighted-average number of shares outstanding137,676 138,606 137,897 138,997 
Basic EPS$2.68 $2.16 $7.03 $6.28 
Diluted:
Net income$368,394 $299,166 $968,917 $872,471 
Weighted-average number of shares outstanding137,676 138,606 137,897 138,997 
Add: Dilutive impact of unvested RSUs1,266 1,042 1,193 942 
Diluted weighted-average number of shares outstanding138,942 139,648 139,090 139,939 
Diluted EPS$2.65 $2.14 $6.97 $6.23 

Approximately two thousand and nine thousand weighted-average shares of anti-dilutive RSUs were excluded from the diluted EPS computations for the three and nine months ended September 30, 2025, respectively. In comparison, approximately one thousand and five thousand weighted-average shares of anti-dilutive RSUs were excluded from the diluted EPS computations for the three and nine months ended September 30, 2024, respectively.

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 $26 million and $114 million of common stock for the three and nine months ended September 30, 2025, respectively. For the three months ended September 30, 2024, there were no share repurchases. For the nine months ended September 30, 2024, the Company repurchased $123 million of common stock.