| Net Income Per Share |
Note 13. Net Income Per Share Net income per share was calculated as follows for the periods indicated below: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Basic net income | $ | 585,605 | | | $ | 404,999 | | | $ | 888,935 | | | $ | 563,202 | | | | | | | | | | | Weighted average common shares outstanding | 200,378 | | 193,995 | | 199,860 | | 193,853 | | | | | | | | | | Basic net income per share | $ | 2.92 | | | $ | 2.09 | | | $ | 4.45 | | | $ | 2.91 | | | | | | | | | | | Diluted net income | $ | 585,605 | | | $ | 404,999 | | | $ | 888,935 | | | $ | 563,202 | | | | | | | | | | | Weighted average common shares outstanding | 200,378 | | 193,995 | | 199,860 | | 193,853 | | Dilutive stock options and awards | 7,838 | | 4,749 | | 7,810 | | 4,673 | | | Weighted average shares used to compute diluted net income per share | 208,216 | | 198,744 | | 207,670 | | 198,526 | | | | | | | | | | Diluted net income per share | $ | 2.81 | | | $ | 2.04 | | | $ | 4.28 | | | $ | 2.84 | |
The potential common shares that were excluded from the diluted net income per share computation are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Outstanding stock options and awards | 2,337,323 | | 12,368,632 | | 2,325,579 | | 11,955,851 |
|