EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share

Computation of basic and diluted earnings per share

	For the Three Months Ended
	March 31,
	2024		2023
Numerator (basic and diluted):
Net income	$	547,238	$	516,885
Denominator:
Weighted-average common shares outstanding – basic		59,017		61,840
Effect of stock options (1)		437		558
Weighted-average common shares outstanding – assuming dilution		59,454		62,398
Earnings per share:
Earnings per share-basic	$	9.27	$	8.36
Earnings per share-assuming dilution	$	9.20	$	8.28
Antidilutive potential common shares not included in the calculation of diluted earnings per share:
Stock options (1)		119		149
Weighted-average exercise price per share of antidilutive stock options (1)	$	917.74	$	725.14

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