v3.26.3
Earnings per Common Share
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings per Common Share Earnings per Common Share
Basic earnings per common share is calculated by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per common share adjusts basic earnings per common share for the effects of potentially dilutive common shares. Potentially dilutive common shares include the dilutive effects of shares issuable upon exercise or vesting of outstanding awards under our equity compensation plans, including stock options and share-based awards (restricted share awards, restricted stock units and performance stock units), each using the treasury stock method.
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Numerator — basic and diluted
Net income$63,449 $82,818 $178,890 $216,340 
Denominator
Weighted average number of common shares outstanding — basic
26,743 31,523 28,477 33,266 
Effect of dilutive share-based awards and stock options245 300 296 359 
Weighted average number of common shares outstanding — diluted
26,988 31,823 28,773 33,625 
Earnings per common share — basic$2.37 $2.63 $6.28 $6.50 
Earnings per common share — diluted$2.35 $2.60 $6.22 $6.43 
Antidilutive share-based awards and stock options113 224 91 236