Income Per Common Share

3 Months Ended

Mar. 31, 2026

2. INCOME PER COMMON SHARE

The following table illustrates the computation of basic and diluted earnings per share:


	Three Months Ended March 31,
	2026				2025
	Amount		Per Share Amount		Amount		Per Share Amount
	(Amounts in thousands, except per share data)
Net income	$	116,267			$	130,225
Basic:
Weighted average shares outstanding		99,825	$	1.16		95,266	$	1.37
Diluted:
Weighted average shares outstanding		99,825	$	1.16		95,266	$	1.37

There were no stock options outstanding at March 31, 2026, or exercisable during the three months ended March 31, 2026, or 2025 that would have had an anti-dilutive effect on the above computation.