Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Reconciliation of the Numerators and Denominators Used in the Basic and Diluted Per-Share Computations

A reconciliation of the numerators and denominators used in the basic and diluted per-share computations is presented as follows for each class of common stock:


	Three months ended June 30,
	2026					2025
(dollars in thousands, except per share data)	Allocated net income (numerator)		Weighted shares (denominator)	Per-share amount		Allocated net income (numerator)		Weighted shares (denominator)	Per-share amount
Class A – Basic EPS:
Income available to Class A stockholders	$	178,818	46,189,033	$	3.87	$	173,254	46,189,063	$	3.75
Dilutive effect of stock-based awards	0		8,864	—		0		14,544	—
Assumed conversion of Class B shares	1,476		6,100,800	—		1,431		6,100,800	—
Class A – Diluted EPS:
Income available to Class A stockholders on Class A equivalent shares	$	180,294	52,298,697	$	3.45	$	174,685	52,304,407	$	3.34
Class B – Basic EPS:
Income available to Class B stockholders	$	1,476	2,542	$	581	$	1,431	2,542	$	563
Class B – Diluted EPS:
Income available to Class B stockholders	$	1,476	2,542	$	581	$	1,430	2,542	$	563

	Six months ended June 30,
	2026					2025
(dollars in thousands, except per share data)	Allocated net income (numerator)		Weighted shares (denominator)	Per-share amount		Allocated net income (numerator)		Weighted shares (denominator)	Per-share amount
Class A – Basic EPS:
Income available to Class A stockholders	$	328,060	46,188,942	$	7.10	$	310,538	46,188,984	$	6.72
Dilutive effect of stock-based awards	0		9,698	—		0		14,613	—
Assumed conversion of Class B shares	2,708		6,100,800	—		2,564		6,100,800	—
Class A – Diluted EPS:
Income available to Class A stockholders on Class A equivalent shares	$	330,768	52,299,440	$	6.32	$	313,102	52,304,397	$	5.99
Class B – Basic EPS:
Income available to Class B stockholders	$	2,708	2,542	$	1,065	$	2,564	2,542	$	1,008
Class B – Diluted EPS:
Income available to Class B stockholders	$	2,708	2,542	$	1,065	$	2,563	2,542	$	1,008