Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2026

Net Income Per Common Share

Schedule of Basic EPS and Diluted EPS

The calculation of the weighted average number of common shares outstanding for Basic EPS and Diluted EPS are as follows for the periods indicated (in thousands, except per share data):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2026		2025		2026		2025
Numerator:
Net income	$	100,700	$	120,269	$	202,392	$	220,820
Denominator:
Basic earnings per share weighted average shares		39,424		40,416		39,711		40,453
Dilution due to employee equity awards		193		935		431		1,022
Diluted earnings per share weighted average shares		39,617		41,351		40,142		41,475
Basic earnings per share	$	2.55	$	2.98	$	5.10	$	5.46
Diluted earnings per share	$	2.54	$	2.91	$	5.04	$	5.32