v3.26.1
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Retained Earnings 1 [Member]
AOCI Attributable to Parent [Member]
Treasury Stock [Member]
Balance, beginning of period at Dec. 31, 2024   $ 685,000 $ 25,124 $ 1,887,193 $ 3,794,609   $ (75,638) $ (629,518)
Net Income (Loss) $ 52,992       52,992      
Unit amortization, net of forfeitures       46,888        
Dividends declared, Common         (52,778)      
Dividends declared, Preferred (9,300)       (9,320)      
Distributions under employee plans       (130,912)   $ (65,053)   78,882
Unrealized gains/(losses) on securities, net of tax 20,814 [1],[2]           20,814  
Foreign currency translation adjustment, net of tax 3,073 [1]           3,073  
Other       (51)   54    
Common stock repurchased               (93,173)
Balance, end of period at Mar. 31, 2025 5,538,186 685,000 25,124 1,803,118 3,720,504   (51,751) (643,809)
Balance, beginning of period at Dec. 31, 2025 5,977,317 685,000 25,124 1,907,949 4,163,363   (17,809) (786,310)
Net Income (Loss) 251,419       251,419      
Unit amortization, net of forfeitures       53,022        
Dividends declared, Common         (57,670)      
Dividends declared, Preferred (9,300)       (9,320)      
Distributions under employee plans       (139,713)   (81,132)   93,059
Unrealized gains/(losses) on securities, net of tax (6,351)           (6,351)  
Foreign currency translation adjustment, net of tax (3,049)           (3,049)  
Other       74   $ 3,234    
Common stock repurchased (96,400)             (96,408)
Balance, end of period at Mar. 31, 2026 $ 5,984,482 $ 685,000 $ 25,124 $ 1,821,332 $ 4,269,894   $ (27,209) $ (789,659)
[1] Net of tax benefit of $2.8 million and tax expense of $4.7 million for the three months ended March 31, 2026 and 2025, respectively.
[2] There were no reclassifications to earnings for the three months ended March 31, 2026 and 2025.