v3.26.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerators and Denominators of Basic and Diluted Earnings per Share Computations

The following table sets forth the reconciliation of numerators and denominators of basic and diluted earnings per share computations for the three and nine months ended September 30, 2026 and 2025 (in thousands, except per share amounts):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

107,304

 

 

$

80,314

 

 

$

303,461

 

 

$

229,408

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Total weighted average basic shares

 

 

24,875

 

 

 

24,955

 

 

 

24,877

 

 

 

25,307

 

Shares applicable to stock-based compensation

 

 

1,559

 

 

 

1,517

 

 

 

1,532

 

 

 

1,574

 

Total weighted average diluted shares

 

 

26,434

 

 

 

26,472

 

 

 

26,409

 

 

 

26,881

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – basic

 

$

4.31

 

 

$

3.22

 

 

$

12.20

 

 

$

9.07

 

Earnings per common share – diluted

 

$

4.06

 

 

$

3.03

 

 

$

11.49

 

 

$

8.53