v3.25.2
Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Class A Common Stock
Class B Common Stock
Total Stockholders’ Equity
Total Stockholders’ Equity
Class A Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid In Capital
Treasury Stock
Treasury Stock
Class A Common Stock
Retained Earnings
Noncontrolling Interest
Noncontrolling Interest
Class B Common Stock
Common stock, balance at beginning of period (in shares) at Dec. 31, 2023           214,497 21,827            
Balance at beginning of period at Dec. 31, 2023 $ 1,882,668     $ 1,691,670   $ 21 $ 2 $ 1,743,930 $ (538,445)   $ 486,162 $ 190,998  
Treasury stock, balance at beginning of period (in shares) at Dec. 31, 2023                 31,333        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Dividends declared (23,987)                        
Common stock, balance at end of period (in shares) at Mar. 31, 2024           215,177 21,827            
Balance at end of period at Mar. 31, 2024 1,897,784     1,701,267   $ 22 $ 2 1,745,157 $ (591,175)   547,261 196,517  
Treasury stock, balance at end of period (in shares) at Mar. 31, 2024                 33,683        
Common stock, balance at beginning of period (in shares) at Dec. 31, 2023           214,497 21,827            
Balance at beginning of period at Dec. 31, 2023 1,882,668     1,691,670   $ 21 $ 2 1,743,930 $ (538,445)   486,162 190,998  
Treasury stock, balance at beginning of period (in shares) at Dec. 31, 2023                 31,333        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Stock based compensation expense, net of forfeitures 9,454     8,607       8,607       847  
Common stock issued related to stock based compensation and other, net (in shares)           801              
Common stock issued related to stock based compensation and other, net (7,527)     (6,720)   $ 1   (6,721)       (807)  
Changes in ownership interest adjustment 0     29,434       29,434       (29,434)  
Class A Common Stock repurchases (in shares)                   3,350      
Class A Common Stock repurchases   $ (78,302)     $ (78,302)         $ (78,302)      
Class B Common Stock purchases and cancellations (in shares)             (3,000)            
Class B Common Stock purchases and cancellations     $ (76,740)                   $ (76,740)
Conversion of Class B Common Stock to Class A Common Stock (in shares)           7,869 (7,869)            
Conversion of Class B Common Stock to Class A Common Stock 0         $ 1 $ (1)            
Dividends declared (47,807)     (47,807)             (47,807)    
Distributions to noncontrolling interest owners (6,648)                     (6,648)  
Adjustment to deferred taxes (2,915)     (2,915)       (2,915)          
Tax impact of equity transactions 43,463     43,463       43,463          
Net income 202,710     180,645             180,645 22,065  
Common stock, balance at end of period (in shares) at Jun. 30, 2024           223,167 10,958            
Balance at end of period at Jun. 30, 2024 1,918,356     1,818,075   $ 23 $ 1 1,815,798 $ (616,747)   619,000 100,281  
Treasury stock, balance at end of period (in shares) at Jun. 30, 2024                 34,683        
Common stock, balance at beginning of period (in shares) at Mar. 31, 2024           215,177 21,827            
Balance at beginning of period at Mar. 31, 2024 1,897,784     1,701,267   $ 22 $ 2 1,745,157 $ (591,175)   547,261 196,517  
Treasury stock, balance at beginning of period (in shares) at Mar. 31, 2024                 33,683        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Stock based compensation expense, net of forfeitures 4,796     4,449       4,449       347  
Common stock issued related to stock based compensation and other, net (in shares)           121              
Common stock issued related to stock based compensation and other, net (148)     (135)   $ 0   (135)       (13)  
Changes in ownership interest adjustment 0     25,573       25,573       (25,573)  
Class A Common Stock repurchases (in shares)                   1,000      
Class A Common Stock repurchases   $ (25,939)     (25,939)         $ (25,939)      
Class B Common Stock purchases and cancellations (in shares)             (3,000)            
Class B Common Stock purchases and cancellations     $ (76,740)                   $ (76,740)
Conversion of Class B Common Stock to Class A Common Stock (in shares)           7,869 (7,869)            
Conversion of Class B Common Stock to Class A Common Stock 0         $ 1 $ (1)            
Dividends declared (23,820)     (23,820)             (23,820)    
Distributions to noncontrolling interest owners (3,811)                     (3,811)  
Adjustment to deferred taxes (2,709)     (2,709)       (2,709)          
Tax impact of equity transactions 43,830     43,830       43,463 $ 367        
Net income 105,113     95,559             95,559 9,554  
Common stock, balance at end of period (in shares) at Jun. 30, 2024           223,167 10,958            
Balance at end of period at Jun. 30, 2024 1,918,356     1,818,075   $ 23 $ 1 1,815,798 $ (616,747)   619,000 100,281  
Treasury stock, balance at end of period (in shares) at Jun. 30, 2024                 34,683        
Common stock, balance at beginning of period (in shares) at Dec. 31, 2024   228,164 5,523     228,164 5,523            
Balance at beginning of period at Dec. 31, 2024 $ 1,967,326     1,913,579   $ 23 $ 1 1,880,243 $ (721,279)   754,591 53,747  
Treasury stock, balance at beginning of period (in shares) at Dec. 31, 2024 38,808               38,808        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Dividends declared $ (28,911)                        
Common stock, balance at end of period (in shares) at Mar. 31, 2025           228,627 5,523            
Balance at end of period at Mar. 31, 2025 1,989,324     1,933,795   $ 23 $ 1 1,878,837 $ (773,673)   828,607 55,529  
Treasury stock, balance at end of period (in shares) at Mar. 31, 2025                 40,958        
Common stock, balance at beginning of period (in shares) at Dec. 31, 2024   228,164 5,523     228,164 5,523            
Balance at beginning of period at Dec. 31, 2024 $ 1,967,326     1,913,579   $ 23 $ 1 1,880,243 $ (721,279)   754,591 53,747  
Treasury stock, balance at beginning of period (in shares) at Dec. 31, 2024 38,808               38,808        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Stock based compensation expense, net of forfeitures $ 11,854     11,514       11,514       340  
Common stock issued related to stock based compensation and other, net (in shares)           509              
Common stock issued related to stock based compensation and other, net (4,952)     (4,810)       (4,810)       (142)  
Modification and cash-settlement of stock based compensation (3,157)                        
Changes in ownership interest adjustment 0     1,902       1,902       (1,902)  
Class A Common Stock repurchases (in shares)                   4,360      
Class A Common Stock repurchases   $ (100,661)     (100,661)         $ (100,661)      
Dividends declared (57,261)     (57,261)             (57,261)    
Distributions to noncontrolling interest owners (1,842)                     (1,842)  
Adjustment to deferred taxes 256     256       256          
Tax impact of equity transactions (893)     (893)         $ (893)        
Net income 187,676     181,044             181,044 6,632  
Common stock, balance at end of period (in shares) at Jun. 30, 2025   228,673 5,523     228,673 5,523            
Balance at end of period at Jun. 30, 2025 $ 1,998,346     1,941,513   $ 23 $ 1 1,885,948 $ (822,833)   878,374 56,833  
Treasury stock, balance at end of period (in shares) at Jun. 30, 2025 43,168               43,168        
Common stock, balance at beginning of period (in shares) at Mar. 31, 2025           228,627 5,523            
Balance at beginning of period at Mar. 31, 2025 $ 1,989,324     1,933,795   $ 23 $ 1 1,878,837 $ (773,673)   828,607 55,529  
Treasury stock, balance at beginning of period (in shares) at Mar. 31, 2025                 40,958        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Stock based compensation expense, net of forfeitures 6,781     6,586       6,586       195  
Common stock issued related to stock based compensation and other, net (in shares)           46              
Common stock issued related to stock based compensation and other, net (98)     (95)       (95)       (3)  
Changes in ownership interest adjustment 0     785       785       (785)  
Class A Common Stock repurchases (in shares)                   2,210      
Class A Common Stock repurchases   $ (48,683)     $ (48,683)         $ (48,683)      
Dividends declared (28,350)     (28,350)             (28,350)    
Distributions to noncontrolling interest owners (1,014)                     (1,014)  
Adjustment to deferred taxes (165)     (165)       (165)          
Tax impact of equity transactions (477)     (477)         $ (477)        
Net income 81,028     78,117             78,117 2,911  
Common stock, balance at end of period (in shares) at Jun. 30, 2025   228,673 5,523     228,673 5,523            
Balance at end of period at Jun. 30, 2025 $ 1,998,346     $ 1,941,513   $ 23 $ 1 $ 1,885,948 $ (822,833)   $ 878,374 $ 56,833  
Treasury stock, balance at end of period (in shares) at Jun. 30, 2025 43,168               43,168