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STOCKHOLDERS' EQUITY (Tables) | 6 Months Ended
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Jun. 30, 2024
Stockholders' Equity Note [Abstract] |
Summary of Changes in Shareholders' Equity | A summary of changes in stockholders’ equity is presented below (in thousands):
|  | Six Months Ended June 30, 2024 |
|  | (In thousands) |
|  | Number of Shares |  | Common Stock |  | Additional Paid-In Capital |  | Retained Earnings |  | Total |
Balance at December 31, 2023 |  | 36,425 |  |  | $ | 364 |  |  | $ | 290,955 |  |  | $ | 4,320,581 |  |  | $ | 4,611,900 |  |
Net earnings |  | — |  |  | — |  |  | — |  |  | 186,016 |  |  | 186,016 |  |
Stock-based compensation expense |  | — |  |  | — |  |  | 6,114 |  |  | — |  |  | 6,114 |  |
Issuance of stock |  | 256 |  |  | 3 |  |  | (3) |  |  | — |  |  | — |  |
Dividends declared |  | — |  |  | — |  |  | — |  |  | (27,239) |  |  | (27,239) |  |
Share repurchases |  | (362) |  |  | (4) |  |  | (56,214) |  |  | — |  |  | (56,218) |  |
Balance at March 31, 2024 |  | 36,319 |  |  | $ | 363 |  |  | $ | 240,852 |  |  | $ | 4,479,358 |  |  | $ | 4,720,573 |  |
Net earnings |  | — |  |  | — |  |  | — |  |  | 231,555 |  |  | 231,555 |  |
Stock-based compensation expense |  | — |  |  | — |  |  | 4,718 |  |  | — |  |  | 4,718 |  |
Issuance of stock |  | 8 |  |  | — |  |  | — |  |  | — |  |  | — |  |
Dividends declared |  | — |  |  | — |  |  | — |  |  | (27,245) |  |  | (27,245) |  |
Capped call transactions, net of tax |  | — |  |  | — |  |  | (47,067) |  |  | — |  |  | (47,067) |  |
Balance at June 30, 2024 |  | 36,327 |  |  | $ | 363 |  |  | $ | 198,503 |  |  | $ | 4,683,668 |  |  | $ | 4,882,534 |  |
|  | Six Months Ended June 30, 2023
|  | (In thousands)
|  | Number of Shares |  | Common Stock |  | Additional Paid-In Capital |  | Retained Earnings |  | Total
Balance at December 31, 2022 |  | 36,571 |  |  | $ | 366 |  |  | $ | 327,878 |  |  | $ | 3,621,367 |  |  | $ | 3,949,611 |
Net earnings |  | — |  |  | — |  |  | — |  |  | 131,301 |  |  | 131,301 |
Stock-based compensation expense |  | — |  |  | — |  |  | 6,225 |  |  | — |  |  | 6,225 |
Issuance of stock |  | 287 |  |  | 3 |  |  | (3) |  |  | — |  |  | — |
Dividends declared |  | — |  |  | — |  |  | — |  |  | (9,927) |  |  | (9,927) |
Share repurchases |  | (93) |  |  | (1) |  |  | (9,999) |  |  | — |  |  | (10,000) |
Balance at March 31, 2023 |  | 36,765 |  |  | $ | 368 |  |  | $ | 324,101 |  |  | $ | 3,742,741 |  |  | $ | 4,067,210 |
Net earnings |  | — |  |  | — |  |  | — |  |  | 186,836 |  |  | 186,836 |
Stock-based compensation expense |  | — |  |  | — |  |  | 4,176 |  |  | — |  |  | 4,176 |
Dividends declared |  | — |  |  | — |  |  | — |  |  | (9,927) |  |  | (9,927) |
Balance at June 30, 2023 |  | 36,765 |  |  | 368 |  |  | 328,277 |  |  | 3,919,650 |  |  | 4,248,295 |

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 + Details
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