Common Stock (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Declared Dividends Per Share

The Company declared dividends per common share, including DERs (Note 11), during the periods presented as follows:


	Dividends per Common Share		Amount (in thousands)
2022:



First Quarter	$	0.180	$	13,473
Total dividends declared in 2022	$	0.180	$	13,473

2021:
Fourth Quarter	$	0.165	$	12,619
Third Quarter	0.165		12,692
Second Quarter	0.165		12,768
First Quarter	0.165		12,767
Total dividends declared in 2021	$	0.660	$	50,846

Schedule of Share Repurchase Activity

The Company's share repurchase activity was as follows:


	Three months ended March 31,
(in thousands, except share and per share amounts)		2022		2021
Shares repurchased in the open market:
Shares repurchased		463,980		56,156
Average price		$	46.57	$	42.34
Aggregate value		$	21,607	$	2,377
Shares repurchased from Magnus:
Shares repurchased		699,819		—
Average price (1)		$	53.59	$	—
Aggregate value		$	37,501	$	—
Total shares repurchased:
Shares repurchased		1,163,799		56,156
Average price		$	50.79	$	42.34
Aggregate value		$	59,108	$	2,377

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(1) In accordance with the share repurchase agreement, shares purchased from Magnus are accrued for at the same weighted average price as those purchased on the open market as if the purchase from Magnus had occurred on the same day. As such, the average price of Magnus repurchases during the current period may differ from open market purchases due to the settlement of the previously recorded share repurchase liability, as well as, open market purchases made after the completion of the Magnus Share repurchase agreement.