XML 22 R7.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ INVESTMENT - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Beginning balance (in shares)   231,455,443     231,455,443    
Balance at beginning of period   $ 2,312,517,069   $ 2,065,792,821 $ 2,312,517,069 $ 2,065,792,821 $ 1,937,988,467
Issuance of common stock from stock plan transactions         27,295,127 29,398,272 16,602,274
Issuance of common stock related to acquisitions             5,000,012
Noncontrolling Interest as part of acquisition         4,149,000    
Repurchases of common stock         (206,108,138) (146,036,137) (113,894,370)
Stock-based compensation expense related to stock options, employee stock purchases, restricted stock, and performance share awards         39,539,362 39,197,422 30,228,606
Dividends declared         (109,928,289) (111,824,393) (112,819,342)
Net income $ 87,668,000 108,231,000 $ 116,944,000 97,578,000 404,487,743 428,403,272 318,757,352
Other comprehensive income (loss)         $ 147,781 $ 7,585,812 (16,070,178)
Ending balance (in shares) 227,207,472   231,455,443   227,207,472 231,455,443  
Balance at end of period $ 2,472,099,655   $ 2,312,517,069   $ 2,472,099,655 $ 2,312,517,069 2,065,792,821
Parent              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance at beginning of period   $ 2,312,517,069   $ 2,065,792,821 2,312,517,069 2,065,792,821 1,937,988,467
Issuance of common stock from stock plan transactions         27,295,127 29,398,272 16,602,274
Issuance of common stock related to acquisitions             5,000,012
Noncontrolling Interest as part of acquisition         0    
Repurchases of common stock         (206,108,138) (146,036,137) (113,894,370)
Stock-based compensation expense related to stock options, employee stock purchases, restricted stock, and performance share awards         39,539,362 39,197,422 30,228,606
Dividends declared         (109,928,289) (111,824,393) (112,819,342)
Net income         404,487,743 428,403,272 318,757,352
Other comprehensive income (loss)         147,781 7,585,812 (16,070,178)
Balance at end of period $ 2,467,950,655   $ 2,312,517,069   $ 2,467,950,655 $ 2,312,517,069 $ 2,065,792,821
Common Stock              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Beginning balance (in shares)   231,455,443   234,169,335 231,455,443 234,169,335 236,440,840
Balance at beginning of period   $ 13,887,326   $ 14,050,160 $ 13,887,326 $ 14,050,160 $ 14,186,450
Issuance of common stock from stock plan transactions (in shares)         2,153,810 2,218,094 1,606,965
Issuance of common stock from stock plan transactions         $ 129,229 $ 133,086 $ 96,418
Issuance of common stock related to acquisitions (in shares)             162,433
Issuance of common stock related to acquisitions             $ 9,746
Repurchases of common stock (in shares)         (6,401,781) (4,931,986) (4,040,903)
Repurchases of common stock         $ (384,107) $ (295,920) $ (242,454)
Ending balance (in shares) 227,207,472   231,455,443   227,207,472 231,455,443 234,169,335
Balance at end of period $ 13,632,448   $ 13,887,326   $ 13,632,448 $ 13,887,326 $ 14,050,160
Additional  Paid-In Capital              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance at beginning of period   968,245,875   917,499,323 968,245,875 917,499,323 879,413,385
Issuance of common stock from stock plan transactions         27,165,898 29,265,186 16,505,856
Issuance of common stock related to acquisitions             4,990,266
Repurchases of common stock         (24,510,715) (17,716,056) (13,638,790)
Stock-based compensation expense related to stock options, employee stock purchases, restricted stock, and performance share awards         39,539,362 39,197,422 30,228,606
Balance at end of period 1,010,440,420   968,245,875   1,010,440,420 968,245,875 917,499,323
Retained  Earnings              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance at beginning of period   1,336,940,990   1,148,386,272 1,336,940,990 1,148,386,272 1,042,461,388
Repurchases of common stock         (181,213,316) (128,024,161) (100,013,126)
Dividends declared         (109,928,289) (111,824,393) (112,819,342)
Net income         404,487,743 428,403,272 318,757,352
Balance at end of period 1,450,287,128   1,336,940,990   1,450,287,128 1,336,940,990 1,148,386,272
Accumulated  Other Comprehensive Income (Loss)              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance at beginning of period   (6,557,122)   (14,142,934) (6,557,122) (14,142,934) 1,927,244
Other comprehensive income (loss)         147,781 7,585,812 (16,070,178)
Balance at end of period (6,409,341)   (6,557,122)   (6,409,341) (6,557,122) (14,142,934)
Equity Attributable to Noncontrolling Interests              
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Balance at beginning of period   $ 0   $ 0 0 0 0
Noncontrolling Interest as part of acquisition         4,149,000    
Balance at end of period $ 4,149,000   $ 0   $ 4,149,000 $ 0 $ 0