v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 238,258 $ 254,660
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 92,308 89,135
(Gain) loss on disposal of property and equipment (2,835) 1,739
Other, net 8,667 7,384
Changes in operating assets and liabilities, net 37,236 (16,399)
Net cash provided by operating activities 373,634 336,519
Cash flows from investing activities:    
Purchase of property and equipment (62,574) (88,149)
Proceeds from sale of property and equipment 9,923 5,232
Net cash used in investing activities (52,651) (82,917)
Cash flows from financing activities:    
Payments for share repurchases (88,137) (201,077)
Dividends paid (60,498) (59,495)
Other financing activities, net (4,357) (4,508)
Net cash used in financing activities (152,992) (265,080)
Increase (decrease) in cash and cash equivalents 167,991 (11,478)
Cash and cash equivalents at beginning of period 120,091 108,676
Cash and cash equivalents at end of period $ 288,082 $ 97,198