| Summary of Changes in Shareholders' Equity |
A summary of changes in stockholders’ equity is presented below (in thousands):
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Three Months Ended March 31, 2026 |
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(In thousands) |
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Number of
Shares |
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Common
Stock |
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Additional
Paid-In
Capital |
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Retained
Earnings |
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Total |
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| Balance at December 31, 2025 |
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68,169 |
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$ |
682 |
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$ |
— |
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$ |
5,194,961 |
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$ |
5,195,643 |
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| Net earnings |
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— |
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— |
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— |
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55,309 |
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55,309 |
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| Stock-based compensation expense |
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— |
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— |
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5,860 |
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— |
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5,860 |
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| Issuance of stock |
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349 |
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3 |
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(3) |
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— |
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— |
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| Dividends declared |
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— |
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— |
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— |
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(32,017) |
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(32,017) |
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| Share repurchases |
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(1,816) |
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(18) |
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(5,857) |
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(125,151) |
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(131,026) |
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| Balance at March 31, 2026 |
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66,702 |
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$ |
667 |
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$ |
— |
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$ |
5,093,102 |
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$ |
5,093,769 |
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Three Months Ended March 31, 2025 |
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(In thousands) |
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Number of
Shares |
|
Common
Stock |
|
Additional
Paid-In
Capital |
|
Retained
Earnings |
|
Total |
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| Balance at December 31, 2024 |
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71,922 |
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$ |
360 |
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$ |
143,036 |
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$ |
4,998,177 |
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$ |
5,141,573 |
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| Stock Split on January 2, 2025 |
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— |
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360 |
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(360) |
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— |
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— |
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| Net earnings |
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— |
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— |
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— |
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122,806 |
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122,806 |
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| Stock-based compensation expense |
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— |
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— |
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6,325 |
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— |
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6,325 |
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| Issuance of stock |
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514 |
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5 |
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(5) |
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— |
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— |
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| Dividends declared |
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— |
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— |
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— |
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(30,887) |
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(30,887) |
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| Share repurchases |
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(605) |
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(7) |
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(45,066) |
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— |
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(45,073) |
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| Balance at March 31, 2025 |
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71,831 |
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$ |
718 |
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$ |
103,930 |
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$ |
5,090,096 |
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$ |
5,194,744 |
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