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Note 19. Net Income per Share (Notes)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Net Income per Share
19. Net Income per Share

The calculation of basic and diluted net income per share for the years ended December 31, 2025, 2024, and 2023 was as follows (in thousands, except per share amounts):
202520242023
Basic net income per share   
Numerator:   
Net income$1,528,229 $1,292,044 $830,777 
Denominator:   
Weighted-average common shares outstanding107,235107,015106,795
Diluted net income per share   
Denominator:   
Weighted-average common shares outstanding107,235107,015106,795
Effect of restricted stock and performance units302 510 577 
Weighted-average shares used in computing diluted net income per share107,537107,525107,372
Net income per share:
Basic$14.25 $12.07 $7.78 
Diluted$14.21 $12.02 $7.74 

The following table summarizes the potential shares of common stock that were excluded from the computation of diluted net income per share for the years ended December 31, 2025, 2024, and 2023 as such shares would have had an anti-dilutive effect (in thousands):
202520242023
Anti-dilutive shares2