v3.25.3
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Shares
Total
Beginning Balance at Dec. 31, 2023 $ 9,858 $ 523,357 $ 3,688,038 $ (229,847) $ (2,682,554) $ 1,308,852
Beginning Balance (in shares) at Dec. 31, 2023 56,977,000          
Increase (Decrease) in Stockholders' Equity            
Net income     123,415     123,415
Defined benefit pension plan activity, net of tax       73   73
Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax       3,715   3,715
Currency translation adjustment, net of tax       (13,395)   (13,395)
Cash dividends declared     (41,273)     (41,273)
Stock-based compensation activity   34,981     3,647 38,628
Stock-based compensation activity (in shares) 397,000          
Purchase of shares for treasury         (110,405) (110,405)
Purchase of shares for treasury (in shares) (466,000)          
Other   2,101 (3,883)     (1,782)
Ending Balance at Mar. 31, 2024 $ 9,858 560,439 3,766,297 (239,454) (2,789,312) 1,307,828
Ending Balance (in shares) at Mar. 31, 2024 56,908,000          
Beginning Balance at Dec. 31, 2023 $ 9,858 523,357 3,688,038 (229,847) (2,682,554) 1,308,852
Beginning Balance (in shares) at Dec. 31, 2023 56,977,000          
Increase (Decrease) in Stockholders' Equity            
Net income           325,879
Defined benefit pension plan activity, net of tax           2,851
Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax           (6)
Currency translation adjustment, net of tax           (8,824)
Ending Balance at Sep. 30, 2024 $ 9,858 561,148 3,893,883 (235,826) (2,889,873) 1,339,190
Ending Balance (in shares) at Sep. 30, 2024 56,425,000          
Beginning Balance at Mar. 31, 2024 $ 9,858 560,439 3,766,297 (239,454) (2,789,312) 1,307,828
Beginning Balance (in shares) at Mar. 31, 2024 56,908,000          
Increase (Decrease) in Stockholders' Equity            
Net income     101,708     101,708
Defined benefit pension plan activity, net of tax       6   6
Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax       (2,761)   (2,761)
Currency translation adjustment, net of tax       (7,696)   (7,696)
Cash dividends declared     (40,236)     (40,236)
Stock-based compensation activity   4,646     86 4,732
Stock-based compensation activity (in shares) 9,000          
Purchase of shares for treasury         (50,415) (50,415)
Purchase of shares for treasury (in shares) (242,000)          
Other   (5,758) 5,498     (260)
Ending Balance at Jun. 30, 2024 $ 9,858 559,327 3,833,267 (249,905) (2,839,641) 1,312,906
Ending Balance (in shares) at Jun. 30, 2024 56,675,000          
Increase (Decrease) in Stockholders' Equity            
Net income     100,756     100,756
Defined benefit pension plan activity, net of tax       2,772   2,772
Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax       (960)   (960)
Currency translation adjustment, net of tax       12,267   12,267
Cash dividends declared     (40,105)     (40,105)
Stock-based compensation activity   1,863     160 2,023
Stock-based compensation activity (in shares) 17,000          
Purchase of shares for treasury         (50,392) (50,392)
Purchase of shares for treasury (in shares) (267,000)          
Other   (42) (35)     (77)
Ending Balance at Sep. 30, 2024 $ 9,858 561,148 3,893,883 (235,826) (2,889,873) 1,339,190
Ending Balance (in shares) at Sep. 30, 2024 56,425,000          
Beginning Balance at Dec. 31, 2024 $ 9,858 566,740 3,993,016 (300,135) (2,942,046) $ 1,327,433
Beginning Balance (in shares) at Dec. 31, 2024 56,211,000         56,211,219
Increase (Decrease) in Stockholders' Equity            
Net income     118,487     $ 118,487
Defined benefit pension plan activity, net of tax       (1,285)   (1,285)
Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax       829   829
Currency translation adjustment, net of tax       29,679   29,679
Cash dividends declared     (42,073)     (42,073)
Stock-based compensation activity   13,105     1,501 14,606
Stock-based compensation activity (in shares) 157,000          
Purchase of shares for treasury         (106,694) (106,694)
Purchase of shares for treasury (in shares) (542,000)          
Other   1,405 (2,217)     (812)
Ending Balance at Mar. 31, 2025 $ 9,858 581,250 4,067,213 (270,912) (3,047,239) 1,340,170
Ending Balance (in shares) at Mar. 31, 2025 55,826,000          
Beginning Balance at Dec. 31, 2024 $ 9,858 566,740 3,993,016 (300,135) (2,942,046) $ 1,327,433
Beginning Balance (in shares) at Dec. 31, 2024 56,211,000         56,211,219
Increase (Decrease) in Stockholders' Equity            
Net income           $ 384,511
Defined benefit pension plan activity, net of tax           (2,007)
Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax           1,085
Currency translation adjustment, net of tax           89,147
Ending Balance at Sep. 30, 2025 $ 9,858 595,644 4,247,355 (211,910) (3,226,314) $ 1,414,633
Ending Balance (in shares) at Sep. 30, 2025 55,026,000         55,026,176
Beginning Balance at Mar. 31, 2025 $ 9,858 581,250 4,067,213 (270,912) (3,047,239) $ 1,340,170
Beginning Balance (in shares) at Mar. 31, 2025 55,826,000          
Increase (Decrease) in Stockholders' Equity            
Net income     143,396     143,396
Defined benefit pension plan activity, net of tax       (37)   (37)
Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax       173   173
Currency translation adjustment, net of tax       60,119   60,119
Cash dividends declared     (41,080)     (41,080)
Stock-based compensation activity   3,985     80 4,065
Stock-based compensation activity (in shares) 8,000          
Purchase of shares for treasury         (127,130) (127,130)
Purchase of shares for treasury (in shares) (648,000)          
Other   999 (1,062)     (63)
Ending Balance at Jun. 30, 2025 $ 9,858 586,234 4,168,467 (210,657) (3,174,289) 1,379,613
Ending Balance (in shares) at Jun. 30, 2025 55,186,000          
Increase (Decrease) in Stockholders' Equity            
Net income     122,628     122,628
Defined benefit pension plan activity, net of tax       (685)   (685)
Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax       83   83
Currency translation adjustment, net of tax       (651)   (651)
Cash dividends declared     (41,449)     (41,449)
Stock-based compensation activity   6,661     639 7,300
Stock-based compensation activity (in shares) 66,000          
Purchase of shares for treasury         (52,664) (52,664)
Purchase of shares for treasury (in shares) (226,000)          
Other   2,749 (2,291)     458
Ending Balance at Sep. 30, 2025 $ 9,858 $ 595,644 $ 4,247,355 $ (211,910) $ (3,226,314) $ 1,414,633
Ending Balance (in shares) at Sep. 30, 2025 55,026,000         55,026,176