v3.26.1
Earnings per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic earnings per share is computed using the weighted-average number of outstanding shares of common stock during the period. Diluted earnings per share is computed using the weighted-average number of outstanding shares of common stock and, when dilutive, potential outstanding shares of common stock during the period. Potential outstanding shares of common stock are calculated using the treasury-stock method and consist of incremental shares issuable upon the assumed exercise of stock options and vesting of time-based and performance-based restricted stock units. The computation of earnings per share is as follows:
Three Months EndedSix Months Ended
June 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
(in thousands, except per share data)
Basic earnings per share:
Net income
$3,401,414 $3,125,413 $8,684,205 $6,015,764 
Shares used in computation:
Weighted-average shares of common stock outstanding4,189,303 4,252,112 4,205,952 4,262,347 
Basic earnings per share$0.81 $0.74 $2.06 $1.41 
Diluted earnings per share:
Net income
$3,401,414 $3,125,413 $8,684,205 $6,015,764 
Shares used in computation:
Weighted-average shares of common stock outstanding4,189,303 4,252,112 4,205,952 4,262,347 
Effect of dilutive stock-based awards71,997 96,713 73,824 96,820 
Weighted-average number of shares4,261,300 4,348,825 4,279,776 4,359,167 
Diluted earnings per share$0.80 $0.72 $2.03 $1.38 

The following table summarizes the potential shares of common stock excluded from the diluted calculation as their inclusion would have been anti-dilutive:
Three Months EndedSix Months Ended
June 30,
2026		June 30,
2025		June 30,
2026		June 30,
2025
(in thousands)
Stock-based awards6,794 321 6,003 341