Basic EPS is based on the weighted average number of shares of common stock outstanding. Diluted EPS is based on the weighted average number of shares of common stock outstanding and common stock equivalents that would be issuable upon the vesting of service-based and performance and service-based restricted stock units (RSUs), and the exercise of vested and unvested stock options.

The following table reconciles the net income and the weighted average shares of common stock outstanding used in the computations of basic and diluted EPS of common stock:


	For the three months ended June 30,				For the six months ended June 30,
	2025		2024		2025		2024
	(In Thousands, except for per share data)
Net income – basic and diluted	$	96,151	$	92,079	$	198,710	$	181,129





Basic weighted average shares outstanding	77,987		80,117		78,197		80,421







Dilutive effect of issuable shares	1,269		1,183		1,360		1,282
Diluted weighted average shares outstanding	79,256		81,300		79,557		81,703

Earnings per share
Basic	$	1.23	$	1.15	$	2.54	$	2.25
Diluted	$	1.21	$	1.13	$	2.50	$	2.22



Anti-dilutive shares	—		9		—		3