XML 30 R19.htm IDEA: XBRL DOCUMENT
v3.26.1

Changes in Equity | 6 Months Ended
--- | ---
Jun. 30, 2026
Equity [Abstract] |
Changes in Equity | Changes in Equity The following tables present changes in our equity for the six months ended June 30, 2026 and 2025 (in thousands, except shares and per share amounts):
| Common Stock |  |  |  | Treasury Stock |  | Additional Paid-in Capital |  | Accum. Other Comp. Income (Loss) |  | Retained Earnings |  | Total Equity
| Shares |  | Amount |  |  |  |  |  |  |
For the six months ended June 30, 2026: |  |  |  |  |  |  |  |  |  |  |  |
Balances as of December 31, 2025 | 68,938,230 |  |  | $ | 691 |  |  |  |  | $ | (151,242) |  |  | $ | 9,906 |  |  | $ | 4,150 |  |  | $ | 1,595,402 |  |  | $ | 1,458,907 |
Net income | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | 142,902 |  |  | 142,902 |
Regular dividends paid and accrued — $0.60 per share of common stock | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | (41,796) |  |  | (41,796) |
Share-based compensation, net of forfeitures | 57,967 |  |  | — |  |  |  |  | 27,397 |  |  | (6,997) |  |  | — |  |  | (15,045) |  |  | 5,355 |
Shares exchanged for tax withholdings | (22,010) |  |  | — |  |  |  |  | (9,063) |  |  | — |  |  | — |  |  | — |  |  | (9,063) |
Periodic pension costs, net of income taxes of $95 | — |  |  | — |  |  |  |  | — |  |  | — |  |  | (359) |  |  | — |  |  | (359) |
Balances as of March 31, 2026 | 68,974,187 |  |  | $ | 691 |  |  |  |  | $ | (132,908) |  |  | $ | 2,909 |  |  | $ | 3,791 |  |  | $ | 1,681,463 |  |  | $ | 1,555,946 |
Net income | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | 153,930 |  |  | 153,930 |
Regular dividends paid and accrued — $0.60 per share of common stock | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | (41,387) |  |  | (41,387) |
Share-based compensation, net of forfeitures | 611 |  |  | — |  |  |  |  | 286 |  |  | 4,102 |  |  | — |  |  | (70) |  |  | 4,318 |
Shares exchanged for tax withholdings | (115) |  |  | — |  |  |  |  | (51) |  |  | — |  |  | — |  |  | — |  |  | (51) |
Periodic pension costs, net of income taxes of $96 | — |  |  | — |  |  |  |  | — |  |  | — |  |  | (358) |  |  | — |  |  | (358) |
Balances as of June 30, 2026 | 68,974,683 |  |  | $ | 691 |  |  |  |  | $ | (132,673) |  |  | $ | 7,011 |  |  | $ | 3,433 |  |  | $ | 1,793,936 |  |  | $ | 1,672,398 |
| Common Stock |  |  |  | Treasury Stock |  | Additional Paid-in Capital |  | Accum. Other Comp. Income (Loss) |  | Retained Earnings |  | Total Equity
| Shares |  | Amount |  |  |  |  |  |  |
For the six months ended June 30, 2025: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balances as of December 31, 2024 | 68,915,409 |  |  | $ | 231 |  |  |  |  | $ | (168,843) |  |  | $ | 19,900 |  |  | $ | 3,583 |  |  | $ | 1,277,594 |  |  | $ | 1,132,465 |
Net income | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | 120,652 |  |  | 120,652 |
Regular dividends paid and accrued — $0.53 per share of common stock | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | (37,434) |  |  | (37,434) |
Share-based compensation, net of forfeitures | 77,670 |  |  | — |  |  |  |  | 38,253 |  |  | (17,778) |  |  | — |  |  | (15,602) |  |  | 4,873 |
Shares exchanged for tax withholdings | (31,344) |  |  | — |  |  |  |  | (14,260) |  |  | — |  |  | — |  |  | — |  |  | (14,260) |
Periodic pension costs, net of income taxes of $11 | — |  |  | — |  |  |  |  | — |  |  | — |  |  | (39) |  |  | — |  |  | (39) |
Balances as of March 31, 2025 | 68,961,735 |  |  | $ | 231 |  |  |  |  | $ | (144,850) |  |  | $ | 2,122 |  |  | $ | 3,544 |  |  | $ | 1,345,210 |  |  | $ | 1,206,257 |
Net income | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | 116,140 |  |  | 116,140 |
Regular dividends paid and accrued — $0.53 per share of common stock | — |  |  | — |  |  |  |  | — |  |  | — |  |  | — |  |  | (36,782) |  |  | (36,782) |
Share-based compensation, net of forfeitures | 357 |  |  | — |  |  |  |  | 174 |  |  | 3,311 |  |  | — |  |  | (66) |  |  | 3,419 |
Shares exchanged for tax withholdings | (114) |  |  | — |  |  |  |  | (51) |  |  | — |  |  | — |  |  | — |  |  | (51) |
Periodic pension costs, net of income taxes of $10 | — |  |  | — |  |  |  |  | — |  |  | — |  |  | (39) |  |  | — |  |  | (39) |
Balances as of June 30, 2025 | 68,961,978 |  |  | $ | 231 |  |  |  |  | $ | (144,727) |  |  | $ | 5,433 |  |  | $ | 3,505 |  |  | $ | 1,424,502 |  |  | $ | 1,288,944 |
Stock Repurchase Program On November 1, 2022, our board of directors (the “Board”) approved a stock repurchase program, which became effective January 1, 2023, to purchase up to an aggregate of $250.0 million of our outstanding Common Stock. The Company opportunistically repurchases stock under the stock repurchase program with funds generated by cash from operations. The stock repurchase program may be suspended from time to time, modified, extended or discontinued by the Board at any time. Purchases under the stock repurchase program may be made through a combination of open market repurchases in compliance with Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended, privately negotiated transactions, and/or other transactions at the Company’s discretion, including under a Rule 10b5-1 trading plan implemented by the Company, and are subject to market conditions, applicable legal requirements and other factors. As of June 30, 2026, the remaining amount authorized under the approved stock repurchase program was $170.2 million.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for equity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 20 -Name Accounting Standards Codification -Section S50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479951/505-20-S50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 20 -Name Accounting Standards Codification -Section S25 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479982/505-20-S25-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480070/505-10-S50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S45 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480100/505-10-S45-3 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480100/505-10-S45-2 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 20 -Name Accounting Standards Codification -Section S50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479951/505-20-S50-2 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 20 -Name Accounting Standards Codification -Section S25 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479982/505-20-S25-2 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 4 -Subparagraph (SAB Topic 4.C) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-4 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481520/505-30-50-2 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 20 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 1.D.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479921/505-20-S99-1 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 20 -Name Accounting Standards Codification -Section S50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479951/505-20-S50-3 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 1.B.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480148/855-10-S99-1 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 20 -Name Accounting Standards Codification -Section S25 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479982/505-20-S25-3 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/505/tableOfContent Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480657/210-10-S50-11 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(31)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480237/815-40-50-5 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 26: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 27: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 28: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477968/946-235-50-2 Reference 29: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478448/946-505-50-6 Reference 30: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480237/815-40-50-6 Reference 31: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 32: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-13 Reference 33: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 34: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-14 Reference 35: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-16 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration