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Net Income Per Share - Schedule of Net Income Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Net income—basic $ 144,558 $ 152,354
Net income—diluted $ 144,558 $ 152,354
Average common shares outstanding—basic (in shares) 145,618 153,817
Dilutive effect of share-based compensation arrangements (in shares) [1] 2,109 2,154
Adjusted average common shares outstanding—diluted (in shares) 147,727 155,971
Net income per share    
Basic (in usd per share) $ 0.99 $ 0.99
Diluted (in usd per share) $ 0.98 $ 0.98
Stock Compensation Plan    
Net income per share    
Shares of common stock equivalents (in shares) 24 0
[1] 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
March 31,

 

 

 

 

 

 

 

 

(In thousands)

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Shares of common stock equivalents

 

 

24