EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share

Computation of basic and diluted earnings per share

	For the Three Months Ended
	March 31,
	2022		2021
Numerator (basic and diluted):
Net income	$	481,880	$	501,609
Denominator:
Weighted-average common shares outstanding – basic		66,572		70,383
Effect of stock options (1)		618		632
Weighted-average common shares outstanding – assuming dilution		67,190		71,015
Earnings per share:
Earnings per share-basic	$	7.24	$	7.13
Earnings per share-assuming dilution	$	7.17	$	7.06
Antidilutive potential common shares not included in the calculation of diluted earnings per share:
Stock options (1)		115		211
Weighted-average exercise price per share of antidilutive stock options (1)	$	657.14	$	437.90

(1) See Note 10 for further information concerning the terms of the Company’s share-based compensation plans.