Net Income Per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Schedule of Net Income Per Share, Basic and Diluted

The calculation of basic and diluted net income per share is as follows.

Net income per share
	Three Months Ended March 31,
(In thousands, except per-share amounts)	2022		2021
Net income—basic and diluted	$	181,131	$	125,608
Average common shares outstanding—basic	176,816		193,439
Dilutive effect of share-based compensation arrangements	2,263		1,764
Adjusted average common shares outstanding—diluted	179,079		195,203
Net income per share
Basic	$	1.02	$	0.65
Diluted	$	1.01	$	0.64