v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Class A
Common Stock
Class B
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Balance at the beginning of the period at Dec. 31, 2023 $ 2.7 $ 0.6 $ 674.3 $ 979.1 $ (143.4) $ 1,513.3
Balance (in shares) at Dec. 31, 2023 27,352,701 5,958,290        
Increase (Decrease) in Stockholders' Equity            
Net income       154.5   154.5
Other comprehensive income (loss)         (14.3) (14.3)
Comprehensive income           140.2
Shares of Class B common stock converted to Class A common stock (in shares) 5,000 (5,000)        
Shares of Class A common stock issued upon the exercise of stock options (in shares) 364          
Stock-based compensation     10.0     10.0
Stock repurchase       (8.1)   (8.1)
Stock repurchase (in shares) (40,012)          
Net change in restricted stock units     2.3 (12.8)   (10.5)
Net change in restricted stock units (in shares) 86,037          
Common stock dividends       (26.7)   (26.7)
Balance at the end of the period at Jun. 30, 2024 $ 2.7 $ 0.6 686.6 1,086.0 (157.7) 1,618.2
Balance (in shares) at Jun. 30, 2024 27,404,090 5,953,290        
Balance at the beginning of the period at Mar. 31, 2024 $ 2.7 $ 0.6 680.6 1,022.8 (154.9) 1,551.8
Balance (in shares) at Mar. 31, 2024 27,418,449 5,958,290        
Increase (Decrease) in Stockholders' Equity            
Net income       82.0   82.0
Other comprehensive income (loss)         (2.8) (2.8)
Comprehensive income           79.2
Shares of Class B common stock converted to Class A common stock (in shares) 5,000 (5,000)        
Shares of Class A common stock issued upon the exercise of stock options (in shares) 364          
Stock-based compensation     6.0     6.0
Stock repurchase       (4.1)   (4.1)
Stock repurchase (in shares) (20,262)          
Net change in restricted stock units       (0.1)   (0.1)
Net change in restricted stock units (in shares) 539          
Common stock dividends       (14.6)   (14.6)
Balance at the end of the period at Jun. 30, 2024 $ 2.7 $ 0.6 686.6 1,086.0 (157.7) 1,618.2
Balance (in shares) at Jun. 30, 2024 27,404,090 5,953,290        
Balance at the beginning of the period at Dec. 31, 2024 $ 2.7 $ 0.6 696.2 1,184.8 (176.4) 1,707.9
Balance (in shares) at Dec. 31, 2024 27,366,685 5,953,290        
Increase (Decrease) in Stockholders' Equity            
Net income       174.9   174.9
Other comprehensive income (loss)         48.2 48.2
Comprehensive income           223.1
Shares of Class B common stock converted to Class A common stock (in shares) 7,000 (7,000)        
Stock-based compensation     9.5     9.5
Stock repurchase       (7.9)   (7.9)
Stock repurchase (in shares) (36,770)          
Net change in restricted stock units     2.9 (11.1)   (8.2)
Net change in restricted stock units (in shares) 82,077          
Common stock dividends       (32.0)   (32.0)
Balance at the end of the period at Jun. 29, 2025 $ 2.7 $ 0.6 708.6 1,308.7 (128.2) 1,892.4
Balance (in shares) at Jun. 29, 2025 27,418,992 5,946,290        
Balance at the beginning of the period at Mar. 30, 2025 $ 2.7 $ 0.6 702.0 1,229.6 (162.7) 1,772.2
Balance (in shares) at Mar. 30, 2025 27,428,385 5,953,290        
Increase (Decrease) in Stockholders' Equity            
Net income       100.9   100.9
Other comprehensive income (loss)         34.5 34.5
Comprehensive income           135.4
Shares of Class B common stock converted to Class A common stock (in shares) 7,000 (7,000)        
Stock-based compensation     6.7     6.7
Stock repurchase       (4.0)   (4.0)
Stock repurchase (in shares) (18,019)          
Net change in restricted stock units     (0.1) (0.3)   (0.4)
Net change in restricted stock units (in shares) 1,626          
Common stock dividends       (17.5)   (17.5)
Balance at the end of the period at Jun. 29, 2025 $ 2.7 $ 0.6 $ 708.6 $ 1,308.7 $ (128.2) $ 1,892.4
Balance (in shares) at Jun. 29, 2025 27,418,992 5,946,290