v3.26.3
EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2026
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE 3 — EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:

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Three Months Ended September 30, 

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Nine Months Ended September 30, 

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  ​ ​ ​

2026

 

2025

 

2026

 

2025

Numerator:

 

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  ​

 

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Net income

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$

144,346

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$

122,628

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$

439,247

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$

384,511

Denominator (shares in 000's):

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​

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​

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Basic weighted average shares outstanding

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54,408

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55,097

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54,630

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55,567

Effect of dilutive securities - Stock options and awards

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465

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477

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468

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453

Diluted weighted average shares outstanding

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54,873

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55,574

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55,098

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56,020

Basic earnings per share

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$

2.65

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$

2.23

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$

8.04

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$

6.92

Diluted earnings per share

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$

2.63

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$

2.21

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$

7.97

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$

6.86

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For the three months ended September 30, 2026 and 2025, common shares subject to equity-based awards of 9 and 19,416, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive. For the nine months ended September 30, 2026 and 2025, common shares subject to equity-based awards of 2,471 and 2,089, respectively, were excluded from the computation of diluted earnings per share because the effect of their exercise would be anti-dilutive.