v3.26.3
Computation of Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share Calculations
The table below sets forth the calculation of basic and diluted income per share for the periods indicated (in thousands, except per share data).
Three Months EndedNine Months Ended
September 30,September 30,
2026202520262025
Numerator:
Net income used for calculating basic and diluted income per share$214,419 $35,357 $712,261 $487,079 
Denominator:
Weighted average common shares used in the calculation of basic income per share 63,751 74,884 66,68376,466
Dilutive effect of outstanding awards associated with stock-based compensation plans(1)
197 103 158292
Shares used in the calculation of diluted income per share 63,948 74,987 66,84176,758
Basic income per share$3.36 $0.47 $10.68 $6.37 
Diluted income per share $3.35 $0.47 $10.66 $6.35 
(1)Certain outstanding awards associated with stock-based compensation plans were not included in the computation of diluted income per share because the effect would have been anti-dilutive. These anti-dilutive outstanding awards associated with stock-based compensation plans was 0.9 million and 0.7 million for the three months ended September 30,
2026 and 2025, respectively, and 0.9 million and 0.3 million for the nine months ended September 30, 2026 and 2025, respectively.