Earnings per Share

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

The table below presents a reconciliation between basic and diluted weighted average shares outstanding, net income, and basic and diluted income per common share for the three and nine months ended September 30, 2025 and 2024:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(In thousands, except per common share amounts)	2025		2024		2025		2024
NUMERATOR
Net income	$	106,490	$	145,449	$	338,970	$	430,256
DENOMINATOR
Basic weighted average shares outstanding	26,544		27,644		26,895		27,857
Dilutive securities	644		890		618		846
Diluted weighted average shares outstanding	27,188		28,534		27,513		28,703
Earnings per common share:
Basic	$	4.01	$	5.26	$	12.60	$	15.45
Diluted	$	3.92	$	5.10	$	12.32	$	14.99
Anti-dilutive equity awards not included in the calculation of diluted earnings per common share	—		—		—		—