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v3.20.2

Consolidated Statements of Changes In Shareholders' Equity - USD ($) $ in Thousands | Total | Class A Common Stock | Class B Common Stock | Common Stock Class A Common Stock | Common Stock Class B Common Stock | Preferred Stock | Surplus | Retained Earnings | Retained Earnings Class A Common Stock | Retained Earnings Class B Common Stock | Accumulated Other Comprehensive (Loss) Income
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning balance, shareholders' equity at Dec. 31, 2018 | $ 3,488,954 |  |  | $ 10,623 | $ 1,005 | $ 0 | $ 493,962 | $ 3,218,551 |  |  | $ (235,187)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |  |  |  |
Net income | 230,718 |  |  |  |  |  |  | 230,718 |  |  |
Other comprehensive income (loss), net of tax | 54,456 |  |  |  |  |  |  |  |  |  | 54,456
Stock repurchased during period | (190,500) | $ (190,530) |  | (448) |  |  | (190,082) |  |  |  |
Cash dividends |  | (8,181) | $ (804) |  |  |  |  |  | $ (8,181) | $ (804) |
Preferred stock dividends declared |  |  | (4,790) |  |  |  |  |  |  | (4,790) |
Ending balance, shareholders' equity at Jun. 30, 2019 | $ 3,574,613 |  |  | $ 10,175 | 1,005 | 0 | 303,880 | 3,440,284 |  |  | (180,731)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |  |  |  |
Stock repurchased during period (in shares) | 448,500 |  |  | 448,500 |  |  |  |  |  |  |
Cash dividends (in dollars per share) | $ 0.80 |  |  |  |  |  |  |  |  |  |
Beginning balance, shareholders' equity at Mar. 31, 2019 | $ 3,523,309 |  |  | $ 10,380 | 1,005 | 0 | 393,449 | 3,325,335 |  |  | (206,860)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |  |  |  |
Net income | 119,359 |  |  |  |  |  |  | 119,359 |  |  |
Other comprehensive income (loss), net of tax | 26,129 |  |  |  |  |  |  |  |  |  | 26,129
Stock repurchased during period | (89,800) | (89,774) |  | (205) |  |  | (89,569) |  |  |  |
Cash dividends |  | (4,008) | (402) |  |  |  |  |  | (4,008) | (402) |
Ending balance, shareholders' equity at Jun. 30, 2019 | $ 3,574,613 |  |  | $ 10,175 | 1,005 | 0 | 303,880 | 3,440,284 |  |  | (180,731)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |  |  |  |
Stock repurchased during period (in shares) | 205,500 |  |  | 205,500 |  |  |  |  |  |  |
Cash dividends (in dollars per share) | $ 0.40 |  |  |  |  |  |  |  |  |  |
Beginning balance, shareholders' equity at Dec. 31, 2019 | $ 3,586,184 |  |  | $ 9,624 | 1,005 | $ 0 | $ 44,081 | 3,658,197 |  |  | (126,723)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |  |  |  |
Net income | 210,955 |  |  |  |  |  |  | 210,955 |  |  |
Other comprehensive income (loss), net of tax | $ 117,059 |  |  |  |  |  |  |  |  |  | 117,059
Issuance of preferred stock | 339,937,000 |  |  |  |  | 339,937,000 | 0 |  |  |  |
Stock repurchased during period | $ (286,695) |  |  | (695) |  |  | $ (44,081) | (241,919) |  |  |
Cash dividends |  | (7,345) | (804) |  |  |  |  |  | (7,345) | (804) |
Ending balance, shareholders' equity at Jun. 30, 2020 | $ 3,991,444 |  |  | $ 8,929 | 1,005 | $ 339,937 | 0 | 3,651,237 |  |  | (9,664)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |  |  |  |
Stock repurchased during period (in shares) | 695,390 |  |  | 695,390 |  |  |  |  |  |  |
Cash dividends (in dollars per share) | $ 0.80 |  |  |  |  |  |  |  |  |  |
Beginning balance, shareholders' equity at Mar. 31, 2020 | $ 3,957,520 |  |  | $ 9,275 | 1,005 | $ 339,958 | $ 0 | 3,632,894 |  |  | (25,612)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |  |  |  |
Net income | 153,786 |  |  |  |  |  |  | 153,786 |  |  |
Other comprehensive income (loss), net of tax | $ 15,948 |  |  |  |  |  |  |  |  |  | 15,948
Issuance of preferred stock | (21,000) |  |  |  |  | (21,000) | 0 |  |  |  |
Stock repurchased during period | $ (126,991) |  |  | (346) |  |  | $ 0 | (126,645) |  |  |
Cash dividends |  | $ (3,606) | (402) |  |  |  |  |  | $ (3,606) | (402) |
Preferred stock dividends declared |  |  | $ (4,790) |  |  |  |  |  |  | $ (4,790) |
Ending balance, shareholders' equity at Jun. 30, 2020 | $ 3,991,444 |  |  | $ 8,929 | $ 1,005 | $ 339,937 | $ 0 | $ 3,651,237 |  |  | $ (9,664)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |  |  |  |  |  |
Stock repurchased during period (in shares) | 346,000 |  |  | 346,000 |  |  |  |  |  |  |
Cash dividends (in dollars per share) | $ 0.40 |  |  |  |  |  |  |  |  |  |

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