Net Income per Share - The following table presents information necessary to calculate net income per share for the periods presented, as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive:


	Three Months Ended June 30,
(In thousands, except per share data)	2026		2025
NET INCOME PER SHARE—BASIC:
Net income from continuing operations available to common stockholders	$	174,174	$	143,922
Net loss from discontinued operations, net of tax	(5,653)		—
Net income attributable to common stockholders	168,521		143,922
Weighted average number of common shares outstanding – Basic	76,526		77,641
Net income from continuing operations available to common stockholders per common share - Basic	$	2.28	$	1.85
Net loss from discontinued operations per common share - Basic	$	(0.07)	$	—
Net income per common share – Basic	$	2.20	$	1.85
NET INCOME PER SHARE—DILUTED:
Net income from continuing operations available to common stockholders	$	174,174	$	143,922
Net loss from discontinued operations, net of tax	(5,653)		—
Net income attributable to common stockholders	168,521		143,922
Weighted average number of common shares outstanding – Basic	76,526		77,641
Assumed restricted stock	77		44
Assumed exercise of stock options	381		385
Assumed performance-based restricted stock units	40		52
Weighted average number of common shares outstanding – Diluted	77,024		78,122
Net income from continuing operations available to common stockholders per common share - Diluted	$	2.26	$	1.84
Net loss from discontinued operations per common share - Diluted	$	(0.07)	$	—
Net income per common share – Diluted	$	2.19	$	1.84
Potentially dilutive securities excluded as anti-dilutive	33		21

Stockholders’ Equity – During the three months ended June 30, 2026, the Company repurchased 1.6 million shares of common stock at a cost of $228.5 million. The repurchases were made under the Board of Directors’ authorization in February 2026 to repurchase up to an additional $1.0 billion of ADS Common Stock in accordance with applicable securities laws. As of June 30, 2026, approximately $822.5 million of common stock may be repurchased under the authorization. The repurchase program does not obligate the Company to acquire any particular amount of common stock and may be suspended or terminated at any time at the Company’s discretion.