Net Income Per Share (Tables)

9 Months Ended

Sep. 30, 2026

Schedule of Reconciliation of the Weighted-Average Common Shares Outstanding on a Basic and Diluted Basis

Basic and diluted net income per share are calculated as follows, based on a reconciliation of the weighted-average common shares outstanding on a basic and diluted basis:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2026		2025		2026		2025
	(In thousands, except per share amounts)
Net income	$	137,879	$	143,151	$	102,586	$	125,044
Weighted average common shares outstanding - basic	56,763		56,664		56,744		56,649
Effect of dilutive performance shares and restricted stock units	62		220		89		251
Weighted average common shares outstanding - diluted	56,825		56,884		56,833		56,900
Shares excluded from the calculation of diluted income per share	2		—		34		29
Net income per share - basic	$	2.43	$	2.53	$	1.81	$	2.21
Net income per share - diluted	$	2.43	$	2.52	$	1.81	$	2.20