Three Months Ended
September 30,

Nine Months Ended
September 30,

(in thousands, except per share amounts)

2026

2025

2026

2025

Net income

$

22,371

$

27,771

$

215,817

$

179,471

Basic weighted-average common shares outstanding

65,297

67,230

65,066

68,132

Effect of dilutive stock options

307

125

235

193

Effect of dilutive restricted stock

1,241

308

1,076

612

Effect of convertible notes

1,568

—

760

101

Diluted weighted-average common shares outstanding

68,413

67,663

67,137

69,038

Net income per common share:

Basic

$

0.34

$

0.41

$

3.32

$

2.63

Diluted

$

0.33

$

0.41

$

3.21

$

2.60

Antidilutive securities excluded from diluted net income per common share

318

1,862

570

1,623