v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income/(Loss)
Beginning balance, preferred stock (in shares) at Dec. 31, 2023   300,000          
Beginning balance at Dec. 31, 2023 $ 3,199,142 $ 300,000 $ 511 $ 1,045,576 $ 2,435,393 $ (220,334) $ (362,004)
Beginning balance, common stock (in shares) at Dec. 31, 2023     51,142,979        
Beginning balance, treasury stock (in shares) at Dec. 31, 2023           3,905,067  
Comprehensive income/(loss):              
Net income 67,804       67,804    
Change in other comprehensive income/(loss), net of taxes (5,728)           (5,728)
Total comprehensive income 62,076            
Stock-based compensation expense recognized in earnings 13,272     13,272      
Preferred stock dividend (8,625)       (8,625)    
Issuance of stock related to stock-based awards (in shares)     331,602        
Issuance of stock related to stock-based awards (8,730)   $ 4 (8,734)      
Repurchase of common stock (shares)           (1,381,436)  
Repurchase of common stock (81,534)         $ (81,534)  
Ending balance, preferred stock (in shares) at Jun. 30, 2024   300,000          
Ending balance at Jun. 30, 2024 3,175,601 $ 300,000 $ 515 1,050,114 2,494,572 $ (301,868) (367,732)
Ending balance, common stock (in shares) at Jun. 30, 2024     51,474,581        
Ending balance, treasury stock (in shares) at Jun. 30, 2024           5,286,503  
Beginning balance, preferred stock (in shares) at Mar. 31, 2024   300,000          
Beginning balance at Mar. 31, 2024 3,170,662 $ 300,000 $ 514 1,044,669 2,457,222 $ (251,857) (379,886)
Beginning balance, common stock (in shares) at Mar. 31, 2024     51,420,680        
Beginning balance, treasury stock (in shares) at Mar. 31, 2024           4,434,405  
Comprehensive income/(loss):              
Net income 41,662       41,662    
Change in other comprehensive income/(loss), net of taxes 12,154           12,154
Total comprehensive income 53,816            
Stock-based compensation expense recognized in earnings 5,246     5,246      
Preferred stock dividend (4,312)       (4,312)    
Issuance of stock related to stock-based awards (in shares)     53,901        
Issuance of stock related to stock-based awards 200     199      
Repurchase of common stock (shares)           (852,098)  
Repurchase of common stock (50,011)         $ (50,011)  
Ending balance, preferred stock (in shares) at Jun. 30, 2024   300,000          
Ending balance at Jun. 30, 2024 3,175,601 $ 300,000 $ 515 1,050,114 2,494,572 $ (301,868) (367,732)
Ending balance, common stock (in shares) at Jun. 30, 2024     51,474,581        
Ending balance, treasury stock (in shares) at Jun. 30, 2024           5,286,503  
Beginning balance, preferred stock (in shares) at Dec. 31, 2024   300,000          
Beginning balance at Dec. 31, 2024 $ 3,367,936 $ 300,000 $ 515 1,056,719 2,495,651 $ (301,842) (183,107)
Beginning balance, common stock (in shares) at Dec. 31, 2024     51,520,315        
Beginning balance, treasury stock (in shares) at Dec. 31, 2024 5,286,503         5,286,503  
Comprehensive income/(loss):              
Net income $ 124,375       124,375    
Change in other comprehensive income/(loss), net of taxes 70,176           70,176
Total comprehensive income 194,551            
Stock-based compensation expense recognized in earnings 15,279     15,279      
Preferred stock dividend (8,625)       (8,625)    
Issuance of stock related to stock-based awards (in shares)     226,990        
Issuance of stock related to stock-based awards (6,913)   $ 2 (6,915)      
Repurchase of common stock (shares)           (713,966)  
Repurchase of common stock (52,158)         $ (52,158)  
Ending balance, preferred stock (in shares) at Jun. 30, 2025   300,000          
Ending balance at Jun. 30, 2025 $ 3,510,070 $ 300,000 $ 517 1,065,083 2,611,401 $ (354,000) (112,931)
Ending balance, common stock (in shares) at Jun. 30, 2025     51,747,305        
Ending balance, treasury stock (in shares) at Jun. 30, 2025 6,000,469         6,000,469  
Beginning balance, preferred stock (in shares) at Mar. 31, 2025   300,000          
Beginning balance at Mar. 31, 2025 $ 3,429,774 $ 300,000 $ 517 1,060,028 2,538,385 $ (332,994) (136,162)
Beginning balance, common stock (in shares) at Mar. 31, 2025     51,707,542        
Beginning balance, treasury stock (in shares) at Mar. 31, 2025           5,682,609  
Comprehensive income/(loss):              
Net income 77,328       77,328    
Change in other comprehensive income/(loss), net of taxes 23,231           23,231
Total comprehensive income 100,559            
Stock-based compensation expense recognized in earnings 4,920     4,920      
Preferred stock dividend (4,312)       (4,312)    
Issuance of stock related to stock-based awards (in shares)     39,763        
Issuance of stock related to stock-based awards 135     135      
Repurchase of common stock (shares)           (317,860)  
Repurchase of common stock (21,006)         $ (21,006)  
Ending balance, preferred stock (in shares) at Jun. 30, 2025   300,000          
Ending balance at Jun. 30, 2025 $ 3,510,070 $ 300,000 $ 517 $ 1,065,083 $ 2,611,401 $ (354,000) $ (112,931)
Ending balance, common stock (in shares) at Jun. 30, 2025     51,747,305        
Ending balance, treasury stock (in shares) at Jun. 30, 2025 6,000,469         6,000,469