XML 17 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Non‑Voting Common Stock
Preferred Stock
Common Stock
Class A Common Stock
Common Stock
Class B Non‑Voting Common Stock
Paid‑in Capital
Retained Earnings
Retained Earnings
Class A Common Stock
Accumulated Other Comprehensive Income/(Loss)
Beginning balance preferred stock (in share) at Dec. 31, 2020       10,000,000            
Beginning balance at Dec. 31, 2020 $ 6,072,341     $ 100 $ 1,139 $ 0 $ 2,793,178 $ 3,277,599   $ 325
Beginning balance common stock (in shares) at Dec. 31, 2020         113,852,896 0        
Increase (Decrease) in Shareholders' Equity                    
Issuance of preferred stock (in shares)       300,000            
Issuance of preferred stock 295,449     $ 3     295,446      
Issuance of common stock upon exercise of options and vesting of restricted stock units (in shares)         425,232          
Issuance of common stock upon vesting of restricted stock units 1,441       $ 4   1,437      
Stock-based compensation expense 5,408           5,408      
Cash dividends   $ (18,259)             $ (18,259)  
Preferred dividends (3,844)             (3,844)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (1,247)                 (1,247)
Tax withholdings on stock-based compensation (in shares)         (157,266)          
Tax withholdings on stock-based compensation (7,169)       $ (2)   (7,167)      
Net income (loss) 84,092             84,092    
Ending balance preferred stock (in share) at Mar. 31, 2021       10,300,000            
Ending balance common stock (in shares) at Mar. 31, 2021         114,120,862 0        
Ending balance at Mar. 31, 2021 6,428,212     $ 103 $ 1,141 $ 0 3,088,302 3,339,588   (922)
Beginning balance preferred stock (in share) at Dec. 31, 2020       10,000,000            
Beginning balance at Dec. 31, 2020 6,072,341     $ 100 $ 1,139 $ 0 2,793,178 3,277,599   325
Beginning balance common stock (in shares) at Dec. 31, 2020         113,852,896 0        
Increase (Decrease) in Shareholders' Equity                    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (2,060)                  
Net income (loss) 284,851                  
Ending balance preferred stock (in share) at Sep. 30, 2021       10,300,000            
Ending balance common stock (in shares) at Sep. 30, 2021         113,987,154 0        
Ending balance at Sep. 30, 2021 6,583,783     $ 103 $ 1,140 $ 0 3,095,620 3,488,655   (1,735)
Beginning balance preferred stock (in share) at Mar. 31, 2021       10,300,000            
Beginning balance at Mar. 31, 2021 6,428,212     $ 103 $ 1,141 $ 0 3,088,302 3,339,588   (922)
Beginning balance common stock (in shares) at Mar. 31, 2021         114,120,862 0        
Increase (Decrease) in Shareholders' Equity                    
Issuance of preferred stock (in shares)       0            
Issuance of preferred stock (19)     $ 0     (19)      
Issuance of common stock upon exercise of options and vesting of restricted stock units (in shares)         25,956          
Stock-based compensation expense 6,700           6,700      
Cash dividends   (18,263)             (18,263)  
Preferred dividends (7,835)             (7,835)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (227)                 (227)
Tax withholdings on stock-based compensation (in shares)         (5,715)          
Tax withholdings on stock-based compensation (275)           (275)      
Net income (loss) 93,422             93,422    
Ending balance preferred stock (in share) at Jun. 30, 2021       10,300,000            
Ending balance common stock (in shares) at Jun. 30, 2021         114,141,103 0        
Ending balance at Jun. 30, 2021 6,501,715     $ 103 $ 1,141 $ 0 3,094,708 3,406,912   (1,149)
Increase (Decrease) in Shareholders' Equity                    
Common stock repurchased (in shares)         (153,949)          
Common stock repurchased (5,781)       $ (1)   (5,780)      
Stock-based compensation expense 6,692           6,692      
Cash dividends   $ (18,263)             (18,263)  
Preferred dividends (7,331)             (7,331)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (586)                 (586)
Net income (loss) 107,337             107,337    
Ending balance preferred stock (in share) at Sep. 30, 2021       10,300,000            
Ending balance common stock (in shares) at Sep. 30, 2021         113,987,154 0        
Ending balance at Sep. 30, 2021 6,583,783     $ 103 $ 1,140 $ 0 3,095,620 3,488,655   (1,735)
Beginning balance preferred stock (in share) at Dec. 31, 2021       10,600,000            
Beginning balance at Dec. 31, 2021 7,008,568     $ 106 $ 1,140 $ 0 3,399,245 3,609,885   (1,808)
Beginning balance common stock (in shares) at Dec. 31, 2021   113,987,154 0   113,987,154 0        
Increase (Decrease) in Shareholders' Equity                    
Issuance of common stock upon exercise of options and vesting of restricted stock units (in shares)         477,656          
Issuance of common stock upon vesting of restricted stock units 2       $ 5   (3)      
Common stock repurchased (in shares)         (2,959,458)          
Common stock repurchased (129,549)       $ (30)   (129,519)      
Stock-based compensation expense (2,523)           (2,523)      
Cash dividends   $ (21,136)             (21,136)  
Preferred dividends (10,425)             (10,425)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax 1,738                 1,738
Tax withholdings on stock-based compensation (in shares)         (188,093)          
Tax withholdings on stock-based compensation (8,097)       $ (2)   (8,095)      
Net income (loss) (468,993)             (468,993)    
Ending balance preferred stock (in share) at Mar. 31, 2022       10,600,000            
Ending balance common stock (in shares) at Mar. 31, 2022         111,317,259 0        
Ending balance at Mar. 31, 2022 6,369,585     $ 106 $ 1,113 $ 0 3,259,105 3,109,331   (70)
Beginning balance preferred stock (in share) at Dec. 31, 2021       10,600,000            
Beginning balance at Dec. 31, 2021 7,008,568     $ 106 $ 1,140 $ 0 3,399,245 3,609,885   (1,808)
Beginning balance common stock (in shares) at Dec. 31, 2021   113,987,154 0   113,987,154 0        
Increase (Decrease) in Shareholders' Equity                    
Common stock repurchased (in shares)   (3,420,874)                
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax 4,745                  
Net income (loss) $ (242,334)                  
Ending balance preferred stock (in share) at Sep. 30, 2022 10,600,000     10,600,000            
Ending balance common stock (in shares) at Sep. 30, 2022   110,892,097 0   110,892,097 0        
Ending balance at Sep. 30, 2022 $ 6,528,434     $ 106 $ 1,109 $ 0 3,250,169 3,274,113   2,937
Beginning balance preferred stock (in share) at Mar. 31, 2022       10,600,000            
Beginning balance at Mar. 31, 2022 6,369,585     $ 106 $ 1,113 $ 0 3,259,105 3,109,331   (70)
Beginning balance common stock (in shares) at Mar. 31, 2022         111,317,259 0        
Increase (Decrease) in Shareholders' Equity                    
Issuance of common stock upon exercise of options and vesting of restricted stock units (in shares)         59,603          
Common stock repurchased (in shares)         (461,416)          
Common stock repurchased (20,454)       $ (4)   (20,450)      
Stock-based compensation expense 6,558           6,558      
Cash dividends   $ (20,511)             (20,511)  
Preferred dividends (10,425)             (10,425)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (465)                 (465)
Tax withholdings on stock-based compensation (in shares)         (23,349)          
Tax withholdings on stock-based compensation (931)           (931)      
Net income (loss) 116,277             116,277    
Ending balance preferred stock (in share) at Jun. 30, 2022       10,600,000            
Ending balance common stock (in shares) at Jun. 30, 2022         110,892,097 0        
Ending balance at Jun. 30, 2022 6,439,634     $ 106 $ 1,109 $ 0 3,244,282 3,194,672   (535)
Increase (Decrease) in Shareholders' Equity                    
Stock-based compensation expense 5,764           5,764      
Cash dividends   $ (20,515)             $ (20,515)  
Preferred dividends (10,425)             (10,425)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax 3,472                 3,472
Tax withholdings on stock-based compensation 123           123      
Net income (loss) $ 110,381             110,381    
Ending balance preferred stock (in share) at Sep. 30, 2022 10,600,000     10,600,000            
Ending balance common stock (in shares) at Sep. 30, 2022   110,892,097 0   110,892,097 0        
Ending balance at Sep. 30, 2022 $ 6,528,434     $ 106 $ 1,109 $ 0 $ 3,250,169 $ 3,274,113   $ 2,937