Stockholders' Equity and Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Stockholders' Equity and Earnings Per Share [Abstract]

Schedule of Earnings Per Share Calculations

The following table presents the basic and diluted EPS calculations for the three and nine months ended September 30, 2023 and 2022. For more information on the calculation of EPS, see Note 1 — Summary of Significant Accounting Policies — Significant Accounting Policies — Earnings Per Share to the Consolidated Financial Statements in the Company’s 2022 Form 10-K.

($ and shares in thousands, except per share data)	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Basic:
Net income	$	287,738	$	295,339	$	922,208	$	791,320
Weighted-average number of shares outstanding	141,485		140,917		141,356		141,453
Basic EPS	$	2.03	$	2.10	$	6.52	$	5.59
Diluted:
Net income	$	287,738	$	295,339	$	922,208	$	791,320
Weighted-average number of shares outstanding	141,485		140,917		141,356		141,453
Add: Dilutive impact of unvested RSUs	637		1,094		688		1,148
Diluted weighted-average number of shares outstanding	142,122		142,011		142,044		142,601
Diluted EPS	$	2.02	$	2.08	$	6.49	$	5.55