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v3.25.4

Consolidated statement of changes in equity - USD ($) $ in Thousands | Total | Additional paid in capital | Treasury stock | Retained earnings | Accumulated other comprehensive loss | Class A common stock | Class B common stock
--- | --- | --- | --- | --- | --- | --- | ---
Beginning balance, shares (in shares) at Dec. 31, 2022 |  |  |  |  |  | 28,477,704 | 10,938,125
Beginning balance at Dec. 31, 2022 | $ 1,492,110 | $ 103,465 | $ (344,541) | $ 1,715,838 | $ (11,445) | $ 21,327 | $ 7,466
Net profit | 514,097 |  |  | 514,097 |  |  |
Other comprehensive income (loss) | 2,119 |  |  |  | 2,119 |  |
Issuance of stock for employee awards (in shares) |  |  |  |  |  | 59,066 |
Issuance of stock for employee awards |  | (40) |  |  |  | $ 40 |
Share-based compensation expense | 4,359 | 4,359 |  |  |  |  |
Acquisition of treasury shares (in shares) |  |  |  |  |  | (1,141,316) |
Acquisition of treasury shares | (105,932) |  | (105,932) |  |  |  |
Dividends | (134,085) |  |  | (134,085) |  |  |
Share settlement convertible notes (in shares) |  |  |  |  |  | 3,694,845 |
Share settlement convertible notes | 349,495 | 103,152 | $ 246,343 |  |  |  |
Other (in shares) |  |  |  |  |  | 11,390 |
Other | (15) | (1,834) |  | (15) |  | $ 1,834 |
Ending balance, shares (in shares) at Dec. 31, 2023 |  |  | 2,887,905 |  |  | 31,101,689 | 10,938,125
Ending balance at Dec. 31, 2023 | 2,122,148 | 209,102 | $ (204,130) | 2,095,835 | (9,326) | $ 23,201 | $ 7,466
Net profit | 608,114 |  |  | 608,114 |  |  |
Other comprehensive income (loss) | (6,422) |  |  |  | (6,422) |  |
Issuance of stock for employee awards (in shares) |  |  |  |  |  | 63,083 |
Issuance of stock for employee awards |  | (43) |  |  |  | $ 43 |
Share-based compensation expense | 5,483 | 5,483 |  |  |  |  |
Acquisition of treasury shares (in shares) |  |  | (929,941) |  |  | (929,941) |
Acquisition of treasury shares | (87,308) |  | $ (87,308) |  |  |  |
Dividends | (269,272) |  |  | (269,272) |  |  |
Ending balance, shares (in shares) at Dec. 31, 2024 |  |  | 3,817,846 |  |  | 30,234,831 | 10,938,125
Ending balance at Dec. 31, 2024 | 2,372,743 | 214,542 | $ (291,438) | 2,434,677 | (15,748) | $ 23,244 | $ 7,466
Net profit | 671,648 |  |  | 671,648 |  |  |
Other comprehensive income (loss) | (191) |  |  |  | (191) |  |
Issuance of stock for employee awards (in shares) |  |  |  |  |  | 66,843 |
Issuance of stock for employee awards |  | (46) |  |  |  | $ 46 |
Share-based compensation expense | 5,694 | 5,694 |  |  |  |  |
Acquisition of treasury shares (in shares) |  |  | (101,713) |  |  | (101,713) |
Acquisition of treasury shares | (8,705) |  | $ (8,705) |  |  |  |
Dividends | (265,766) |  |  | (265,766) |  |  |
Other (in shares) |  |  |  |  |  | 467 |
Ending balance, shares (in shares) at Dec. 31, 2025 |  |  | 3,919,559 |  |  | 30,200,428 | 10,938,125
Ending balance at Dec. 31, 2025 | $ 2,775,423 | $ 220,190 | $ (300,143) | $ 2,840,559 | $ (15,939) | $ 23,290 | $ 7,466

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