14. Net Income per Share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Net Income per Share, Basic and Diluted

The calculation of basic and diluted net income per share for the three and nine months ended September 30, 2024 and 2023 was as follows (in thousands, except per share amounts):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Basic net income per share
Numerator:
Net income	$	312,956	$	268,398	$	898,928	$	481,538
Denominator:
Weighted-average common shares outstanding	107,049		106,834		107,015		106,795
Diluted net income per share
Denominator:
Weighted-average common shares outstanding	107,049		106,834		107,015		106,795
Effect of restricted stock and performance units	513		664		499		531
Weighted-average shares used in computing diluted net income per share	107,562		107,498		107,514		107,326
Net income per share:
Basic	$	2.92	$	2.51	$	8.40	$	4.51
Diluted	$	2.91	$	2.50	$	8.36	$	4.49