Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Stockholders' Equity

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Note 10 - Stockholders' Equity
6 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]

NOTE 10 STOCKHOLDERS EQUITY

 

A summary of changes in stockholders’ equity is presented below (in thousands):   

 

   

Six Months Ended June 30, 2022

 
   

(In thousands)

 
                   

Additional

                 
   

Number of

   

Common

   

Paid-In

   

Retained

         
   

Shares

   

Stock

   

Capital

   

Earnings

   

Total

 

Balance at December 31, 2021

    37,341     $ 373     $ 414,841     $ 2,629,175     $ 3,044,389  

Net earnings

                      217,254       217,254  

Stock-based compensation expense

                5,975             5,975  

Issuance of stock

    392       4       (4 )            

Share repurchases

    (1,038 )     (10 )     (99,293 )           (99,303 )

Balance at March 31, 2022

    36,695     $ 367     $ 321,519     $ 2,846,429     $ 3,168,315  

Net earnings

                      250,084       250,084  

Stock-based compensation expense

                4,070             4,070  

Share repurchases

    (128 )     (1 )     (9,999 )           (10,000 )

Balance at June 30, 2022

    36,567     $ 366     $ 315,590     $ 3,096,513     $ 3,412,469  

 

   

Six Months Ended June 30, 2021

 
   

(In thousands)

 
                   

Additional

                 
   

Number of

   

Common

   

Paid-In

   

Retained

         
   

Shares

   

Stock

   

Capital

   

Earnings

   

Total

 

Balance at December 31, 2020

    37,512     $ 375     $ 455,762     $ 1,891,731     $ 2,347,868  

Net earnings

                      131,843       131,843  

Stock-based compensation expense

                5,367             5,367  

Issuance of stock

    435       4       (4 )            

Share repurchases

    (100 )     (1 )     (8,384 )           (8,385 )

Balance at March 31, 2021

    37,847     $ 378     $ 452,741     $ 2,023,574     $ 2,476,693  

Net earnings

                      167,389       167,389  

Stock-based compensation expense

                3,223             3,223  

Issuance of stock

    (200 )     (2 )     (19,159 )           (19,161 )

Balance at June 30, 2021

    37,647     $ 376     $ 436,805     $ 2,190,963     $ 2,628,144