v3.26.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]  
Schedule of Earnings Per Share, Basic and Diluted
The following table reflects the EPS computations for the periods indicated based on a weighted average number of Class A Common Stock outstanding each period:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands, except per share data)2026202520262025
Net income attributable to Class A Common Stock
$792,464 $207,137 $836,084 $536,435 
Add: Interest on Convertible Senior Notes, net of tax— 1,287 — 2,569 
Adjusted net income (attributable to Class A Common Stock)
$792,464 $208,424 $836,084 $539,004 
Basic weighted average shares of Class A Common Stock outstanding837,369 701,353 824,858 702,686 
Add: Dilutive effects of Convertible Senior Notes— 30,037 — 30,037 
Add: Dilutive effects of equity awards17,874 14,634 16,814 14,521 
Diluted weighted average shares of Class A Common Stock outstanding855,243 746,024 841,672 747,244 
Basic net earnings per share of Class A Common Stock
$0.95 $0.30 $1.01 $0.76 
Diluted net earnings per share of Class A Common Stock
$0.93 $0.28 $0.99 $0.72 
Schedule of Shares Excluded from Diluted Earnings Per Share Calculation
The following table presents shares excluded from the diluted earnings per share calculation for the periods presented as their impact was anti-dilutive:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2026202520262025
Weighted average shares of Class C Common Stock outstanding
— 99,051 12,104 99,321 
Performance stock units— 2,205 — 1,386 
Restricted Stock
45 2,740 75 1,408 
Out-of-the-money stock options24 266 102 287