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Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2024
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
June 30,		Six Months Ended
June 30,
(In thousands, except per-share amounts)2024202320242023
Net income—basic and diluted$151,903 $146,087 $304,257 $303,844 
Average common shares outstanding—basic 153,110 159,010 153,879 159,250 
Dilutive effect of share-based compensation arrangements (1)
1,289 1,734 1,392 1,879 
Adjusted average common shares outstanding—diluted154,399 160,744 155,271 161,129 
Net income per share
Basic$0.99 $0.92 $1.98 $1.91 
Diluted$0.98 $0.91 $1.96 $1.89 
The following number of shares of our common stock equivalents issued under our share-based compensation arrangements are not included in the calculation of diluted net income per share because their effect would be anti-dilutive.
Three Months Ended
June 30,		Six Months Ended
June 30,
(In thousands)2024202320242023
Shares of common stock equivalents64 112 39 86