v3.25.4
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Non-controlling interests subject to put provisions
Total
Common stock
Additional paid-in capital
Accumulated (deficit) earnings
Treasury Stock, Common
Accumulated other comprehensive income (loss)
Non-controlling interests not subject to put provisions
Changes in noncontrolling interest from:                  
Treasury Stock, Common, Shares             0    
Beginning Balance (in shares) at Dec. 31, 2022       90,411,000          
Beginning balance at Dec. 31, 2022     $ 712,326 $ 90 $ 606,935 $ 174,487 $ 0 $ (69,186) $ 163,566
Temporary equity, beginning balance at Dec. 31, 2022   $ 1,348,908              
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Net income   176,789              
Distributions   (184,044)              
Noncontrolling Interest, Period Increase (Decrease)                 1,895
Contributions   12,878              
Acquisitions and divestitures   181              
Partial purchases   (5,296)              
Fair value remeasurements   149,872              
Temporary equity, ending balance at Dec. 31, 2023   1,499,288              
Comprehensive income:                  
Net income     691,535     691,535     88,654
Other comprehensive income $ 17,102   17,102         17,102  
Stock purchase shares issued (in shares)       231,000          
Stock Issued During Period, Value, Employee Stock Purchase Plan     18,213 $ 0 18,213        
Stock award payment plan (in shares)       1,086,000          
Stock award plans       $ 2          
Stock award plans     65,012   65,014        
Stock-settled stock-based compensation expense     109,813   109,813        
Changes in noncontrolling interest from:                  
Distributions                 (96,894)
Acquisitions and divestitures     13,077   13,077        
Acquisitions and divestitures                 30,776
Partial purchases     (5,375)   (5,375)       (32)
Fair value remeasurements     (149,872)   (149,872)        
Repurchase of common stock (in shares) (2,904,000)           (2,904,000)    
Purchase of treasury stock $ 285,710   (285,710)       $ (285,710)    
Retirement of treasury stock (in shares)             2,904,000    
Retirement of treasury stock     0 3 17,973 267,734 $ 285,710    
Ending balance at Dec. 31, 2023     1,056,097 $ 89 509,804 598,288 $ 0 (52,084) 187,965
Ending Balance (in shares) at Dec. 31, 2023       88,824,000          
Changes in noncontrolling interest from:                  
Treasury Stock, Common, Shares             0    
Net income   214,986              
Distributions   (226,389)              
Noncontrolling Interest, Period Increase (Decrease)                 2,860
Contributions   11,639              
Acquisitions and divestitures   38,806              
Partial purchases   (49,265)              
Fair value remeasurements   206,418              
Temporary equity, ending balance at Dec. 31, 2024   1,695,483              
Comprehensive income:                  
Net income     936,342     936,342     99,409
Other comprehensive income $ (258,712)   (258,712)         (258,712)  
Stock purchase shares issued (in shares)       184,000          
Stock Issued During Period, Value, Employee Stock Purchase Plan     20,441 $ 0 20,441        
Stock award payment plan (in shares)       1,361,000          
Stock award plans       $ 1          
Stock award plans     134,040   134,041        
Stock-settled stock-based compensation expense     99,095   99,095        
Changes in noncontrolling interest from:                  
Distributions                 (110,653)
Acquisitions and divestitures     491   491       95,024
Partial purchases     (3,102)   (3,102)       (141)
Fair value remeasurements     (206,418)   (206,418)        
Repurchase of common stock (in shares) (9,833,000)           (9,833,000)    
Purchase of treasury stock $ 1,389,072   (1,389,072)       $ (1,389,072)    
Retirement of treasury stock (in shares) 0                
Ending balance at Dec. 31, 2024 $ 395,868   121,122 $ 90 286,270 1,534,630 $ (1,389,072) (310,796) 274,746
Ending Balance (in shares) at Dec. 31, 2024 80,536,000     90,369,000          
Changes in noncontrolling interest from:                  
Common stock, shares issued (in shares) 90,369,000                
Treasury Stock, Common, Shares 9,833,000           (9,833,000)    
Net income   216,128              
Distributions   (209,320)              
Noncontrolling Interest, Period Increase (Decrease)                 4,227
Contributions   2,851              
Acquisitions and divestitures   8,729              
Partial purchases   (24,010)              
Fair value remeasurements   (157,695)              
Temporary equity, ending balance at Dec. 31, 2025   $ 1,532,166              
Comprehensive income:                  
Net income     746,803     746,803     115,785
Other comprehensive income $ 188,013   188,013         188,013  
Stock purchase shares issued (in shares)       222,000          
Stock Issued During Period, Value, Employee Stock Purchase Plan     21,483 $ 1 21,482        
Stock award payment plan (in shares)       470,000          
Stock award plans       $ 1          
Stock award plans     35,291   35,292        
Stock-settled stock-based compensation expense     138,906   138,906        
Changes in noncontrolling interest from:                  
Distributions                 (114,950)
Acquisitions and divestitures     1,227   1,227       (2,454)
Partial purchases     (2,730)   (2,730)        
Fair value remeasurements     157,695   157,695        
Repurchase of common stock (in shares) (12,679,000)           (12,679,000)    
Purchase of treasury stock $ 1,788,370   (1,788,370)       $ (1,788,370)    
Retirement of treasury stock (in shares) 22,512,000           22,512,000    
Retirement of treasury stock     0 23 567,558 2,609,861 $ 3,177,442    
Other     (199,940)       (199,940)    
Ending balance at Dec. 31, 2025 $ (373,728)   $ (651,082) $ 69 $ 0 $ (328,428) $ (199,940) $ (122,783) $ 277,354
Ending Balance (in shares) at Dec. 31, 2025 68,549,000     68,549,000          
Changes in noncontrolling interest from:                  
Common stock, shares issued (in shares) 68,549,000                
Treasury Stock, Common, Shares 0           0