Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Summary of Earnings Per Share, Basic and Diluted

The calculation and reconciliation of basic and diluted earnings per share for the three and nine months ended September 30, 2023 and 2022 is as follows (in thousands, except per share data): 

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Net income	$	271,496	$	248,885	$	726,033	$	729,008
Denominator for basic earnings per share	73,165		74,461		73,523		76,311
Dilutive securities	1,439		1,097		1,210		1,376
Denominator for diluted earnings per share	74,604		75,558		74,733		77,687
Basic earnings per share	$	3.71	$	3.34	$	9.87	$	9.55
Diluted earnings per share	$	3.64	$	3.29	$	9.72	$	9.38