EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share

Computation of basic and diluted earnings per share

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2022		2021		2022		2021
Numerator (basic and diluted):
Net income	$	585,438	$	558,652	$	1,644,078	$	1,645,712
Denominator:
Weighted-average common shares outstanding – basic		63,288		68,608		64,979		69,529
Effect of stock options (1)		572		632		587		645
Weighted-average common shares outstanding – assuming dilution		63,860		69,240		65,566		70,174
Earnings per share:
Earnings per share-basic	$	9.25	$	8.14	$	25.30	$	23.67
Earnings per share-assuming dilution	$	9.17	$	8.07	$	25.08	$	23.45
Antidilutive potential common shares not included in the calculation of diluted earnings per share:
Stock options (1)		139		133		145		48
Weighted-average exercise price per share of antidilutive stock options (1)	$	660.74	$	467.03	$	658.74	$	502.49

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