v3.25.2
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Class A Common Shares
Common Stock
Class B Common Shares
Common Stock
Additional Paid In Capital
Retained Earnings
Class A Common Shares
Retained Earnings
Class B Common Shares
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Class A Common Shares
Class B Common Shares
Total
Balance at beginning of period at Dec. 31, 2023     $ 4,553 $ 142,124     $ 786,487 $ (20,408)     $ 912,756
Balance (in shares) at Dec. 31, 2023 17,203 2,155                  
Increase (Decrease) in Stockholders' Equity                      
Net income             55,812       55,812
Net change in AOCI               1,615     1,615
Dividends declared on Common Stock:                      
Dividends declared on Common Stock         $ (13,982) $ (1,592)     $ (13,982) $ (1,592)  
Stock options exercised, net of shares withheld     28 17     (909)       (864)
Stock options exercised, net of shares withheld (in shares) 47                    
Conversion of Class B to Class A Common Shares (in shares) 5 (5)                  
Net change in notes receivable on Class A Common Stock       46             46
Deferred director compensation expense - Class A Common Stock       511             511
Deferred designed key employee compensation expense - Class A Common Stock       396             396
Deferred designed key employee compensation expense - Class A Common Stock (In shares) 11                    
Employee stock purchase plan - Class A Common Stock     2 396             398
Employee stock purchase plan - Class A Common Stock (in shares) 8                    
Stock-based awards, Performance stock units       72             72
Stock-based awards, Restricted stock, net of shares withheld     (2) 245     (320)       (77)
Stock-based awards, Restricted stock, net of shares withheld (in shares) 1                    
Stock-based awards, Stock options       332             332
Balance at end of period at Jun. 30, 2024     4,581 144,139     825,496 (18,793)     955,423
Balance (in shares) at Jun. 30, 2024 17,275 2,150                  
Balance at beginning of period at Mar. 31, 2024     4,578 142,091     808,836 (19,922)     935,583
Balance (in shares) at Mar. 31, 2024 17,260 2,151                  
Increase (Decrease) in Stockholders' Equity                      
Net income             25,206       25,206
Net change in AOCI               1,129     1,129
Dividends declared on Common Stock:                      
Dividends declared on Common Stock         (6,996) (796)     (6,996) (796)  
Stock options exercised, net of shares withheld     2 706     (472)       236
Stock options exercised, net of shares withheld (in shares) 10                    
Conversion of Class B to Class A Common Shares (in shares) 1 (1)                  
Net change in notes receivable on Class A Common Stock       46             46
Deferred director compensation expense - Class A Common Stock     1 376             377
Deferred designed key employee compensation expense - Class A Common Stock       229             229
Employee stock purchase plan - Class A Common Stock     1 213             214
Employee stock purchase plan - Class A Common Stock (in shares) 4                    
Stock-based awards, Performance stock units       36             36
Stock-based awards, Restricted stock, net of shares withheld     (1) 279     (282)       (4)
Stock-based awards, Stock options       163             163
Balance at end of period at Jun. 30, 2024     4,581 144,139     825,496 (18,793)     955,423
Balance (in shares) at Jun. 30, 2024 17,275 2,150                  
Balance at beginning of period at Dec. 31, 2024     4,587 148,053     853,627 (14,238)     992,029
Balance (in shares) at Dec. 31, 2024 17,298 2,150                  
Increase (Decrease) in Stockholders' Equity                      
Net income             78,752       78,752
Net change in AOCI               4,677     4,677
Dividends declared on Common Stock:                      
Dividends declared on Common Stock         (15,602) (1,763)     (15,602) (1,763)  
Stock options exercised, net of shares withheld     10 3,608     (3,253)       365
Stock options exercised, net of shares withheld (in shares) 46                    
Conversion of Class B to Class A Common Shares (in shares) 1 (1)                  
Repurchase of Class A Common Stock       (8)     (64)       (72)
Repurchase of Class A Common Stock (in shares) (1)                    
Net change in notes receivable on Class A Common Stock       (48)             (48)
Deferred director compensation expense - Class A Common Stock       302             302
Deferred designed key employee compensation expense - Class A Common Stock     (1) 258     (179)       78
Deferred designed key employee compensation expense - Class A Common Stock (In shares) 18                    
Employee stock purchase plan - Class A Common Stock     1 367             368
Employee stock purchase plan - Class A Common Stock (in shares) 6                    
Stock-based awards, Performance stock units       72             72
Stock-based awards, Restricted stock, net of shares withheld       814     (181)       633
Stock-based awards, Restricted stock, net of shares withheld (in shares) 10                    
Stock-based awards, Stock options       315             315
Balance at end of period at Jun. 30, 2025     4,597 153,733     911,337 (9,561)     1,060,106
Balance (in shares) at Jun. 30, 2025 17,378 2,149                  
Balance at beginning of period at Mar. 31, 2025     4,594 151,473     889,687 (11,665)     1,034,089
Balance (in shares) at Mar. 31, 2025 17,368 2,150                  
Increase (Decrease) in Stockholders' Equity                      
Net income             31,484       31,484
Net change in AOCI               2,104     2,104
Dividends declared on Common Stock:                      
Dividends declared on Common Stock         $ (7,803) $ (881)     $ (7,803) $ (881)  
Stock options exercised, net of shares withheld     2 937     (949)       (10)
Stock options exercised, net of shares withheld (in shares) 10                    
Conversion of Class B to Class A Common Shares (in shares) 1 (1)                  
Repurchase of Class A Common Stock       (8)     (64)       (72)
Repurchase of Class A Common Stock (in shares) (1)                    
Deferred director compensation expense - Class A Common Stock       159             159
Deferred designed key employee compensation expense - Class A Common Stock       (11)             (11)
Employee stock purchase plan - Class A Common Stock       191             191
Employee stock purchase plan - Class A Common Stock (in shares) 3                    
Stock-based awards, Performance stock units       36             36
Stock-based awards, Restricted stock, net of shares withheld     1 797     (137)       661
Stock-based awards, Restricted stock, net of shares withheld (in shares) (3)                    
Stock-based awards, Stock options       159             159
Balance at end of period at Jun. 30, 2025     $ 4,597 $ 153,733     $ 911,337 $ (9,561)     $ 1,060,106
Balance (in shares) at Jun. 30, 2025 17,378 2,149