The following table presents the basic and diluted EPS calculations for the three and six months ended June 30, 2026 and 2025. 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 2025 Form 10-K.



	Three Months Ended June 30,					Six Months Ended June 30,
($ and shares in thousands, except per share data)	2026			2025		2026			2025
Basic:
Net income	$	363,700		$	310,253	$	721,496		$	600,523
Basic weighted-average number of shares outstanding	137,450		(1)	137,818		137,757		(1)	138,009
Basic EPS	$	2.65		$	2.25	$	5.24		$	4.35
Diluted:
Net income	$	363,700		$	310,253	$	721,496		$	600,523


Basic weighted-average number of shares outstanding	137,450		(1)	137,818		137,757		(1)	138,009
Add: Dilutive impact of unvested RSUs	851			971		811			1,049
Diluted weighted-average number of shares outstanding	138,301			138,789		138,568			139,058
Diluted EPS	$	2.63		$	2.24	$	5.21		$	4.32

Approximately 71 thousand weighted-average shares of anti-dilutive RSUs were excluded from the diluted EPS computations for both the three and six months ended June 30, 2026. In comparison, approximately 64 thousand and 55 thousand weighted-average shares of anti-dilutive RSUs were excluded from the diluted EPS computations for the three and six months ended June 30, 2025, respectively.

Stock Repurchase Program — On January 22, 2025, the Company’s Board of Directors authorized a stock repurchase of up to $300 million of the Company’s common stock. For the three months ended June 30, 2026, there were no stock repurchases. For the six months ended June 30, 2026, the Company repurchased $99 million of its common stock. In comparison, the Company repurchased $3 million and $88 million of common stock for the three and six months ended June 30, 2025, respectively.