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the first quarter of 2023.

Operating Income: First quarter 2024 GAAP operating income increased 19% to $108.9 million compared to $91.5 million for the first quarter of 2023. First quarter 2024 GAAP operating margin was 16.5% compared to 16.0% for the first quarter of 2023.

Net Income: First quarter 2024 GAAP net income increased 20% to $89.3 million compared to $74.4 million for the first quarter of 2023. First quarter 2024 GAAP diluted earnings per share (EPS) increased 19% to $1.44 compared to $1.21 for the first quarter of 2023.