v3.26.1
Net Income Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
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,
2026202520262025
Basic net income$585,605 $404,999 $888,935 $563,202 
Weighted average common shares outstanding200,378193,995199,860193,853
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 outstanding200,378193,995199,860193,853
Dilutive stock options and awards7,8384,7497,8104,673 
Weighted average shares used to compute diluted net income per share 208,216198,744207,670198,526
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,
2026202520262025
Outstanding stock options and awards2,337,32312,368,6322,325,57911,955,851