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Employee Benefits (Tables)
12 Months Ended
Dec. 31, 2022
Compensation And Retirement Disclosure [Abstract]  
Summary of Option Activity

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Weighted

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Aggregate

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Weighted

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Average

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Intrinsic

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Average

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Remaining

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Value

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Options

 

Exercise Price

 

Contractual Life

 

(in 000’s)

Outstanding as of January 1, 2022

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1,669,325

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$

78.63

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​

​

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Granted

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344,100

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109.50

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Exercised

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(308,280)

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54.42

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Cancelled or forfeited

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(9,485)

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​

86.40

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Outstanding as of December 31, 2022

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1,695,660

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$

82.42

 

4.90

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$

82,835

Exercisable at December 31, 2022

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782,067

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$

67.54

 

3.47

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$

49,839

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Summary of Weighted Average Grant-date Assumptions and Weighted Average Fair Values

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2022

 

2021

 

2020

 

Weighted-average fair value of grants

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$

21.43

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$

17.11

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$

13.24

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Risk-free interest rates

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​

2.95

%

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0.75

%

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0.39

%

Dividend yield

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2.50

%

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2.06

%

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2.30

%

Expected volatility

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22.89

%

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22.73

%

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22.67

%

Expected option life

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5.05

years

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4.97

years

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4.96

years

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Schedule of Restricted Stock Units Activity

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Weighted

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Average

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Grant Date

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RSUs

 

Fair Value

Nonvested at January 1, 2022

​

45,068

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$

97.67

Granted

​

19,268

​

​

115.71

Reinvested

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2,632

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​

127.48

Vested

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(21,380)

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​

93.07

Forfeited

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(1,380)

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77.92

Nonvested at December 31, 2022

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44,208

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$

109.51