v3.26.1
SHARE-BASED AWARDS AND STOCK OPTIONS (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Expense
The following table summarizes share-based compensation expense (benefit) and the related income tax benefit recognized for our share-based awards and stock options:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(in thousands)
Share-based compensation expense from continuing operations$42,644 $33,312 $89,294 $63,600 
Share-based compensation expense from discontinued operations— 6,498 (7,145)15,950 
Total share-based compensation expense$42,644 $39,810 $82,149 $79,550 
Total income tax benefit$3,200 $12,269 $8,580 $18,534 
Schedule of Changes in Unvested Restricted Stock Awards and Performance Units
The following table summarizes the changes in unvested restricted stock and performance awards for the six months ended June 30, 2026:
SharesWeighted-Average
Grant-Date
Fair Value
(in thousands)
Unvested at December 31, 20252,465 $110.54 
Granted1,578 75.37 
Vested(1,300)107.24 
Forfeited(270)105.25 
Unvested at June 30, 20262,473 $89.70 
Schedule of Changes in Stock Option Activity
The following table summarizes stock option activity for the six months ended June 30, 2026: 
OptionsWeighted-Average Exercise PriceWeighted-Average Remaining Contractual TermAggregate Intrinsic Value
(in thousands)(years)(in millions)
Outstanding at December 31, 2025931 $113.43 5.8$0.6
Granted— — 
Forfeited(139)122.71 
Exercised(16)66.19 
Outstanding at June 30, 2026776 $112.77 5.5$0.1
Options vested and exercisable at June 30, 2026599 $114.39 4.6$0.1
Schedule of Fair Valuation Assumptions Fair value was estimated on the date of grant using the Black-Scholes valuation model with the following weighted-average assumptions:
Six Months Ended
June 30, 2025
Risk-free interest rate4.01%
Expected volatility46%
Dividend yield0.88%
Expected term in years5