XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.25.2

Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Equity [Abstract] |
Schedule of Changes in Total Common Stockholders' Equity | The Company’s changes in total equity for the three and six months ended June 30, 2025 and 2024 were as follows:
| Three Months Ended June 30, 2025
| Common Stock |  | Additional Paid-in Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Loss |  | Noncontrolling Interest |  | Total Equity
| Shares |  | Amount |  |  |  |  |
| (In thousands)
Balance at March 31, 2025 | 59,570 |  |  | $ | 596 |  |  | $ | 967,689 |  |  | $ | 668,023 |  |  | $ | (7,063) |  |  | $ | 2,744 |  |  | $ | 1,631,989 |
Net income (loss) | — |  |  | — |  |  | — |  |  | 42,168 |  |  | — |  |  | (118) |  |  | 42,050 |
Issuance of common stock | 14 |  |  | — |  |  | 1,392 |  |  | — |  |  | — |  |  | — |  |  | 1,392 |
Repurchase of common stock | (3) |  |  | — |  |  | (105) |  |  | — |  |  | — |  |  | — |  |  | (105) |
Dividends paid on common stock ($0.30 per share) | — |  |  | — |  |  | — |  |  | (17,872) |  |  | — |  |  | — |  |  | (17,872) |
Other comprehensive income, net of tax (a) | — |  |  | — |  |  | — |  |  | — |  |  | 154 |  |  | — |  |  | 154 |
Investment in business with noncontrolling interest | — |  |  | — |  |  | (156) |  |  | — |  |  | — |  |  | 156 |  |  | — |
Distribution to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (339) |  |  | (339) |
Balance at June 30, 2025 | 59,581 |  |  | $ | 596 |  |  | $ | 968,820 |  |  | $ | 692,319 |  |  | $ | (6,909) |  |  | $ | 2,443 |  |  | $ | 1,657,269 |
| Six Months Ended June 30, 2025
| Common Stock |  | Additional Paid-in Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Loss |  | Noncontrolling Interest |  | Total Equity
| Shares |  | Amount |  |  |  |  |
| (In thousands)
Balance at January 1, 2025 | 59,484 |  |  | $ | 595 |  |  | $ | 966,975 |  |  | $ | 674,918 |  |  | $ | (7,217) |  |  | $ | 3,015 |  |  | $ | 1,638,286 |
Net income (loss) | — |  |  | — |  |  | — |  |  | 55,499 |  |  | — |  |  | (247) |  |  | 55,252 |
Issuance of common stock | 124 |  |  | 1 |  |  | 3,525 |  |  | — |  |  | — |  |  | — |  |  | 3,526 |
Repurchase of common stock | (27) |  |  | — |  |  | (1,214) |  |  | — |  |  | — |  |  | — |  |  | (1,214) |
Dividends paid on common stock ($0.64 per share) | — |  |  | — |  |  | — |  |  | (38,098) |  |  | — |  |  | — |  |  | (38,098) |
Other comprehensive income, net of tax (a) | — |  |  | — |  |  | — |  |  | — |  |  | 308 |  |  | — |  |  | 308 |
Investment in business with noncontrolling interest | — |  |  | — |  |  | (466) |  |  | — |  |  | — |  |  | 466 |  |  | — |
Distribution to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (791) |  |  | (791) |
Balance at June 30, 2025 | 59,581 |  |  | $ | 596 |  |  | $ | 968,820 |  |  | $ | 692,319 |  |  | $ | (6,909) |  |  | $ | 2,443 |  |  | $ | 1,657,269 |
| Three Months Ended June 30, 2024
| Common Stock |  | Additional Paid-in Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Loss |  | Noncontrolling Interest |  | Total Equity
| Shares |  | Amount |  |  |  |  |
| (In thousands)
Balance at March 31, 2024 | 57,754 |  |  | $ | 578 |  |  | $ | 876,894 |  |  | $ | 603,326 |  |  | $ | (13,366) |  |  | $ | 3,405 |  |  | $ | 1,470,837 |
Net income (loss) | — |  |  | — |  |  | — |  |  | 40,551 |  |  | — |  |  | (174) |  |  | 40,377 |
Issuance of common stock | 1,073 |  |  | 10 |  |  | 52,923 |  |  | — |  |  | — |  |  | — |  |  | 52,933 |
Repurchase of common stock | (2) |  |  | — |  |  | (93) |  |  | — |  |  | — |  |  | — |  |  | (93) |
Dividends paid on common stock ($0.28 per share) | — |  |  | — |  |  | — |  |  | (16,172) |  |  | — |  |  | — |  |  | (16,172) |
Amounts reclassified to earnings (a) | — |  |  | — |  |  | — |  |  | — |  |  | 298 |  |  | — |  |  | 298 |
Investment in business with noncontrolling interest | — |  |  | — |  |  | (348) |  |  | — |  |  | — |  |  | 348 |  |  | — |
Distribution to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (489) |  |  | (489) |
Balance at June 30, 2024 | 58,825 |  |  | $ | 588 |  |  | $ | 929,376 |  |  | $ | 627,705 |  |  | $ | (13,068) |  |  | $ | 3,090 |  |  | $ | 1,547,691 |
| Six Months Ended June 30, 2024
| Common Stock |  | Additional Paid-in Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Loss |  | Noncontrolling Interest |  | Total Equity
| Shares |  | Amount |  |  |  |  |
| (In thousands)
Balance at January 1, 2024 | 57,724 |  |  | $ | 577 |  |  | $ | 876,583 |  |  | $ | 549,573 |  |  | $ | — |  |  | $ | 3,579 |  |  | $ | 1,430,312 |
Net income (loss) | — |  |  | — |  |  | — |  |  | 110,468 |  |  | — |  |  | (401) |  |  | 110,067 |
Issuance of common stock | 1,128 |  |  | 11 |  |  | 54,429 |  |  | — |  |  | — |  |  | — |  |  | 54,440 |
Repurchase of common stock | (27) |  |  | — |  |  | (1,235) |  |  | — |  |  | — |  |  | — |  |  | (1,235) |
Dividends paid on common stock ($0.56 per share) | — |  |  | — |  |  | — |  |  | (32,336) |  |  | — |  |  | — |  |  | (32,336) |
Adjustment for unrecoverable pension benefit plan costs | — |  |  | — |  |  | — |  |  | — |  |  | (13,663) |  |  | — |  |  | (13,663) |
Amounts reclassified to earnings (a) | — |  |  | — |  |  | — |  |  | — |  |  | 595 |  |  | — |  |  | 595 |
Investment in business with noncontrolling interest | — |  |  | — |  |  | (401) |  |  | — |  |  | — |  |  | 401 |  |  | — |
Distribution to noncontrolling interest | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (489) |  |  | (489) |
Balance at June 30, 2024 | 58,825 |  |  | $ | 588 |  |  | $ | 929,376 |  |  | $ | 627,705 |  |  | $ | (13,068) |  |  | $ | 3,090 |  |  | $ | 1,547,691 |
(a) This accumulated other comprehensive loss component is included in the computation of net periodic costs for the Company’s supplemental executive retirement plan (SERP), specifically the following components: amortization of unrecognized (gain) loss and amortization of prior service credit.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration