v3.25.2
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Treasury Stock
AOCI Attributable to Parent
Beginning Balance at Dec. 31, 2023 $ 591.8 $ 0.6 $ 591.7 $ 1,346.6 $ (1,242.4) $ (104.7) [1],[2]
Balance, shares at Dec. 31, 2023   43,902,061        
Balance, shares at Dec. 31, 2023         19,152,279  
Stock issuance, net, shares   112,089        
Cash dividends - per common share (24.9)     (24.9)    
Share-based employee compensation 3.4   3.4      
Net earnings 125.8     125.8    
Other comprehensive income (loss) (1.8)         (1.8)
Acquisition of treasury stock (25.3)       $ (25.3)  
Acquisition of treasury stock, shares   (226,393)     226,393  
Ending Balance at Jun. 30, 2024 669.0 $ 0.6 595.1 1,447.5 $ (1,267.7) (106.5) [1],[2]
Balance, shares at Jun. 30, 2024   43,787,757        
Balance, shares at Jun. 30, 2024         19,378,672  
Beginning Balance at Mar. 31, 2024 626.8 $ 0.6 595.3 1,394.1 $ (1,257.6) (105.6) [1],[2]
Balance, shares at Mar. 31, 2024   43,777,371        
Balance, shares at Mar. 31, 2024         19,294,861  
Stock issuance, net, shares   94,197        
Cash dividends - per common share (12.5)     (12.5)    
Share-based employee compensation (0.2)   (0.2)      
Net earnings 65.9     65.9    
Other comprehensive income (loss) (0.9)         (0.9)
Acquisition of treasury stock (10.1)       $ (10.1)  
Acquisition of treasury stock, shares   (83,811)     83,811  
Ending Balance at Jun. 30, 2024 669.0 $ 0.6 595.1 1,447.5 $ (1,267.7) (106.5) [1],[2]
Balance, shares at Jun. 30, 2024   43,787,757        
Balance, shares at Jun. 30, 2024         19,378,672  
Beginning Balance at Dec. 31, 2024 $ 757.1 $ 0.6 604.0 1,560.7 $ (1,298.0) (110.2) [1],[2]
Balance, shares at Dec. 31, 2024 43,561,649 43,561,649        
Balance, shares at Dec. 31, 2024         19,614,358  
Stock issuance, net, shares   114,906        
Cash dividends - per common share $ (27.0)     (27.0)    
Share-based employee compensation 1.9   1.9      
Net earnings 156.9     156.9    
Other comprehensive income (loss) 1.3         1.3
Acquisition of treasury stock (52.4)       $ (52.4)  
Acquisition of treasury stock, shares   (356,705)     356,705  
Ending Balance at Jun. 30, 2025 $ 837.8 $ 0.6 605.9 1,690.6 $ (1,350.4) (108.9) [1],[2]
Balance, shares at Jun. 30, 2025 43,319,850 43,319,850        
Balance, shares at Jun. 30, 2025         19,971,063  
Beginning Balance at Mar. 31, 2025 $ 793.4 $ 0.6 607.5 1,616.3 $ (1,320.2) (110.8) [1],[2]
Balance, shares at Mar. 31, 2025   43,424,918        
Balance, shares at Mar. 31, 2025         19,764,234  
Stock issuance, net, shares   101,761        
Cash dividends - per common share (13.5)     (13.5)    
Share-based employee compensation (1.6)   (1.6)      
Net earnings 87.8     87.8    
Other comprehensive income (loss) 1.9         1.9
Acquisition of treasury stock (30.2)       $ (30.2)  
Acquisition of treasury stock, shares   (206,829)     206,829  
Ending Balance at Jun. 30, 2025 $ 837.8 $ 0.6 $ 605.9 $ 1,690.6 $ (1,350.4) $ (108.9) [1],[2]
Balance, shares at Jun. 30, 2025 43,319,850 43,319,850        
Balance, shares at Jun. 30, 2025         19,971,063  
[1] Amounts are net of tax.
[2] Amounts include our 50% share of AOCL components from our WAVE joint venture.