Basic EPS is based on the weighted average number of shares of common stock outstanding. Diluted EPS is based on the weighted average number of shares of common stock outstanding and common stock equivalents that would be issuable upon the vesting of service-based and performance and service-based restricted stock units (RSUs), and the exercise of vested and unvested stock options.

The following table reconciles the net income and the weighted average shares of common stock outstanding used in the computations of basic and diluted EPS of common stock:


	For the three months ended June 30,				For the six months ended June 30,
	2026		2025		2026		2025
	(In Thousands, except for per share data)
Net income – basic and diluted	$	105,788	$	96,151	$	205,118	$	198,710





Basic weighted average shares outstanding	75,779		77,987		75,977		78,197







Dilutive effect of issuable shares	806		1,269		1,033		1,360
Diluted weighted average shares outstanding	76,585		79,256		77,010		79,557

Earnings per share
Basic	$	1.40	$	1.23	$	2.70	$	2.54
Diluted	$	1.38	$	1.21	$	2.66	$	2.50



Anti-dilutive shares	1		—		3		—