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Capital Stock (Tables) | 6 Months Ended
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Jun. 30, 2024
Equity [Abstract] |
Common Stock Activity | Common stock activity is summarized as follows:
| Three Months Ended June 30, 2024 |  | Three Months Ended June 30, 2023
(In thousands) | Common Stock |  | Treasury Cost(a) |  | Common Stock |  | Treasury Cost(a)
Balance at beginning of period | $ | 315,241 |  |  | $ | (365,999) |  |  | $ | 287,009 |  |  | $ | (362,280) |
Stock compensation expense | 5,042 |  |  | — |  |  | 6,759 |  |  | — |
Restricted and performance stock awards | (348) |  |  | 348 |  |  | (190) |  |  | 190 |
Stock options exercised | 47 |  |  | 27 |  |  | 354 |  |  | 184 |
Treasury shares purchased for stock compensation programs | — |  |  | (992) |  |  | — |  |  | (184) |
Employee stock purchase program | 574 |  |  | 60 |  |  | 432 |  |  | 65 |
Share repurchase program | — |  |  | (10,000) |  |  | — |  |  | — |
Balance at end of period | $ | 320,556 |  |  | $ | (376,556) |  |  | $ | 294,364 |  |  | $ | (362,025) |
(a)Excludes treasury cost related to preferred stock.
| Six Months Ended June 30, 2024 |  | Six Months Ended June 30, 2023
(In thousands) | Common Stock |  | Treasury Cost(a) |  | Common Stock |  | Treasury Cost(a)
Balance at beginning of period | $ | 312,324 |  |  | $ | (361,684) |  |  | $ | 281,980 |  |  | $ | (359,838) |
Stock compensation expense | 9,229 |  |  | — |  |  | 13,029 |  |  | — |
Restricted and performance stock awards | (1,783) |  |  | 1,783 |  |  | (1,434) |  |  | 1,434 |
Stock options exercised | 212 |  |  | 114 |  |  | 357 |  |  | 185 |
Treasury shares purchased for stock compensation programs | — |  |  | (6,829) |  |  | — |  |  | (3,871) |
Employee stock purchase program | 574 |  |  | 60 |  |  | 432 |  |  | 65 |
Share repurchase program | — |  |  | (10,000) |  |  | — |  |  | — |
Balance at end of period | $ | 320,556 |  |  | $ | (376,556) |  |  | $ | 294,364 |  |  | $ | (362,025) |
(a)Excludes treasury cost related to preferred stock.

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