EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share

Computation of basic and diluted earnings per share

	For the Year Ended
	December 31,
	2021		2020		2019
Numerator (basic and diluted):
Net income	$	2,164,685	$	1,752,302	$	1,391,042
Denominator:
Weighted-average common shares outstanding – basic		68,967		73,817		76,985
Effect of stock options (1)		644		645		803
Weighted-average common shares outstanding – assuming dilution		69,611		74,462		77,788
Earnings per share:
Earnings per share-basic	$	31.39	$	23.74	$	18.07
Earnings per share-assuming dilution	$	31.10	$	23.53	$	17.88
Antidilutive potential common shares not included in the calculation of diluted earnings per share:
Stock options (1)		111		291		229
Weighted-average exercise price per share of antidilutive stock options (1)	$	479.90	$	393.42	$	368.11

(1) See Note 12 for further information concerning the terms of the Company’s share-based compensation plans.