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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Dec. 31, 2021   45,052,293     21,914,251  
Balance at Dec. 31, 2021 $ 2,115.5 $ 0.4 $ 1,278.6 $ 1,881.3 $ (1,044.1) $ (0.7)
Comprehensive Income (Loss):            
Net income 997.3     997.3    
Unrealized gains on changes in fair value of debt securities, net of $0 tax expense (4.0)          
Change in fair value of cash flow swaps, net of reclassification adjustment 78.1         78.1
Unrealized loss on changes in fair value of debt securities, net of $0.8 million tax benefit (3.2)         (3.2)
Comprehensive income 1,072.2     997.3   74.9
Share-based compensation 20.6   20.6      
Issuance of common stock in connection with share-based payment arrangements (in shares)   122,342        
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         56,024  
Repurchase of common stock associated with net share settlements of employee share-based awards (9.2)       $ (9.2)  
Purchase of treasury shares (in shares)         1,635,030  
Share issues (repurchases) (295.6)   1.4   $ (297.0)  
Retirement of previously repurchased common stock (in shares)   (1,580,826)     (1,580,826)  
Retirement of common stock 0.0   (19.1) (268.3) $ 287.4  
Balance (in shares) at Dec. 31, 2022   43,593,809     22,024,479  
Balance at Dec. 31, 2022 2,903.5 $ 0.4 1,281.4 2,610.1 $ (1,063.0) 74.4
Comprehensive Income (Loss):            
Net income 602.5     602.5    
Unrealized gains on changes in fair value of debt securities, net of $0 tax expense 5.2          
Change in fair value of cash flow swaps, net of reclassification adjustment (17.5)         (17.5)
Unrealized loss on changes in fair value of debt securities, net of $0.8 million tax benefit 4.1         4.1
Comprehensive income 589.1     602.5   (13.4)
Share-based compensation 23.5   23.5      
Issuance of common stock in connection with share-based payment arrangements (in shares)   128,563        
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         48,262  
Repurchase of common stock associated with net share settlements of employee share-based awards (11.4)       $ (11.4)  
Purchase of treasury shares (in shares)         1,316,167  
Share issues (repurchases) (260.6)       $ (260.6)  
Retirement of previously repurchased common stock (in shares)   (1,370,371)     (1,370,371)  
Retirement of common stock 0.0   (16.5) (251.1) $ 267.7  
Balance at Dec. 31, 2023 3,244.1 $ 0.4 1,288.4 2,961.5 $ (1,067.3) 61.1
Comprehensive Income (Loss):            
Net income 430.3     430.3    
Unrealized gains on changes in fair value of debt securities, net of $0 tax expense (2.5)          
Change in fair value of cash flow swaps, net of reclassification adjustment (2.3)         (2.3)
Unrealized loss on changes in fair value of debt securities, net of $0.8 million tax benefit (1.9)         (1.9)
Comprehensive income 426.1     430.3   (4.2)
Share-based compensation 26.7   26.7      
Issuance of common stock in connection with share-based payment arrangements (in shares)   127,722        
Repurchase of common stock associated with net share settlements of employee share-based awards (in shares)         46,941  
Repurchase of common stock associated with net share settlements of employee share-based awards (10.2)       $ (10.2)  
Purchase of treasury shares (in shares)         830,297  
Share issues (repurchases) (184.6)       $ (184.6)  
Retirement of previously repurchased common stock (in shares)   (830,297)     (830,297)  
Retirement of common stock 0.0   (10.0) (173.0) $ 183.0  
Balance at Dec. 31, 2024 $ 3,502.1 $ 0.4 $ 1,305.1 $ 3,218.9 $ (1,079.2) $ 56.8