v3.26.1
Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Common Shares
Deferred compensation plan
Common Shares
Restricted stock units (RSUs)
Common Shares
Performance shares
Common Shares
Deferred share units
Common Shares
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Treasury Shares
Retained Earnings
Total
Beginning Balances at Dec. 31, 2024         $ 3,283,161 $ 325,928 $ (205,740)   $ 4,457,005 $ 7,860,354
Beginning Balances, shares at Dec. 31, 2024         258,019,389          
Beginning Balance, treasury shares at Dec. 31, 2024               48,098    
Sale of common shares held in trust         $ 324         324
Sale of common shares held in trust, shares         1,750     (1,750)    
Vesting of restricted share units (shares) 888   87,964   343,415          
Tax withholdings related to net share settlements of equity-based compensation           (28,981)       (28,981)
Tax withholdings related to net share settlements of equity-based compensation, shares         (170,975)          
Equity-based compensation           21,403       21,403
Exercise of warrants         19,660          
Issuance of shares under employee share purchase plan         $ 2,593         2,593
Issuance of shares under employee share purchase plan, shares         15,922          
Cash dividends on common shares                 (81,477) (81,477)
Amounts reclassified into earnings, net of taxes             (2,443)     (2,443)
Changes in fair value of cash flow hedges, net of taxes             (843)     (843)
Foreign currency translation adjustment             1,740     1,740
Net income                 241,510 241,510
Ending Balances at Mar. 31, 2025         $ 3,286,078 318,350 (207,286)   4,617,038 8,014,180
Ending Balances, shares at Mar. 31, 2025         258,318,013          
Ending Balance, treasury shares at Mar. 31, 2025               46,348    
Beginning Balances at Dec. 31, 2024         $ 3,283,161 325,928 (205,740)   4,457,005 7,860,354
Beginning Balances, shares at Dec. 31, 2024         258,019,389          
Beginning Balance, treasury shares at Dec. 31, 2024               48,098    
Issuance of shares under employee share purchase plan                   $ 2,593
Issuance of shares under employee share purchase plan, shares                   15,922
Repurchase of common shares (shares)                   (2,100)
Repurchase of common shares                   $ (389)
Cash dividends on common shares                   (162,950)
Foreign currency translation adjustment             117,626     117,626
Net income                   531,787
Ending Balances at Jun. 30, 2025         $ 3,285,689 335,939 (93,812)   4,825,841 8,353,657
Ending Balances, shares at Jun. 30, 2025         258,346,757          
Ending Balance, treasury shares at Jun. 30, 2025               46,348    
Beginning Balances at Mar. 31, 2025         $ 3,286,078 318,350 (207,286)   4,617,038 8,014,180
Beginning Balances, shares at Mar. 31, 2025         258,318,013          
Beginning Balance, treasury shares at Mar. 31, 2025               46,348    
Vesting of restricted share units (shares)         2,315          
Tax withholdings related to net share settlements of equity-based compensation           (1,953)       (1,953)
Tax withholdings related to net share settlements of equity-based compensation, shares         (61,563)          
Equity-based compensation           19,542       19,542
Exercise of warrants         90,092          
Repurchase of common shares (shares)         (2,100)          
Repurchase of common shares         $ (389)         (389)
Cash dividends on common shares                 (81,473) (81,473)
Amounts reclassified into earnings, net of taxes             (2,499)     (2,499)
Changes in fair value of cash flow hedges, net of taxes             87     87
Foreign currency translation adjustment             115,886     115,886
Net income                 290,276 290,276
Ending Balances at Jun. 30, 2025         $ 3,285,689 335,939 (93,812)   4,825,841 8,353,657
Ending Balances, shares at Jun. 30, 2025         258,346,757          
Ending Balance, treasury shares at Jun. 30, 2025               46,348    
Beginning Balances at Dec. 31, 2025         $ 2,783,431 373,239 (111,044)   5,199,755 $ 8,245,381
Beginning Balances, shares at Dec. 31, 2025         255,614,663         255,614,663
Beginning Balance, treasury shares at Dec. 31, 2025               46,348   46,348
Vesting of restricted share units (shares)     100,737   326,714          
Tax withholdings related to net share settlements of equity-based compensation           (24,515)       $ (24,515)
Tax withholdings related to net share settlements of equity-based compensation, shares         (154,211)          
Equity-based compensation           17,822       17,822
Exercise of warrants         2,920          
Issuance of shares under employee share purchase plan         $ 3,031         3,031
Issuance of shares under employee share purchase plan, shares         18,135          
Repurchase of common shares (shares)         (1,695,049)          
Repurchase of common shares         $ (283,959)         (283,959)
Cash dividends on common shares                 (88,746) (88,746)
Amounts reclassified into earnings, net of taxes             (330)     (330)
Changes in fair value of cash flow hedges, net of taxes             719     719
Foreign currency translation adjustment             (31,128)     (31,128)
Net income                 219,344 219,344
Ending Balances at Mar. 31, 2026         $ 2,502,503 366,546 (141,783)   5,330,353 8,057,619
Ending Balances, shares at Mar. 31, 2026         254,213,909          
Ending Balance, treasury shares at Mar. 31, 2026               46,348    
Beginning Balances at Dec. 31, 2025         $ 2,783,431 373,239 (111,044)   5,199,755 $ 8,245,381
Beginning Balances, shares at Dec. 31, 2025         255,614,663         255,614,663
Beginning Balance, treasury shares at Dec. 31, 2025               46,348   46,348
Issuance of shares under employee share purchase plan                   $ 3,031
Issuance of shares under employee share purchase plan, shares                   18,135
Repurchase of common shares (shares)                   (3,757,695)
Repurchase of common shares                   $ (614,507)
Cash dividends on common shares                   (177,101)
Foreign currency translation adjustment             (68,122)     (68,122)
Net income                   515,742
Ending Balances at Jun. 30, 2026         $ 2,171,955 389,514 (178,647)   5,538,396 $ 7,921,218
Ending Balances, shares at Jun. 30, 2026         252,154,695         252,154,695
Ending Balance, treasury shares at Jun. 30, 2026               46,348   46,348
Beginning Balances at Mar. 31, 2026         $ 2,502,503 366,546 (141,783)   5,330,353 $ 8,057,619
Beginning Balances, shares at Mar. 31, 2026         254,213,909          
Beginning Balance, treasury shares at Mar. 31, 2026               46,348    
Vesting of restricted share units (shares)   2,225   2,047            
Tax withholdings related to net share settlements of equity-based compensation           (470)       (470)
Tax withholdings related to net share settlements of equity-based compensation, shares         (8,003)          
Equity-based compensation           23,438       23,438
Exercise of warrants         7,163          
Repurchase of common shares (shares)         (2,062,646)          
Repurchase of common shares         $ (330,548)         (330,548)
Cash dividends on common shares                 (88,356) (88,356)
Amounts reclassified into earnings, net of taxes             (325)     (325)
Changes in fair value of cash flow hedges, net of taxes             455     455
Foreign currency translation adjustment             (36,994)     (36,994)
Net income                 296,399 296,399
Ending Balances at Jun. 30, 2026         $ 2,171,955 $ 389,514 $ (178,647)   $ 5,538,396 $ 7,921,218
Ending Balances, shares at Jun. 30, 2026         252,154,695         252,154,695
Ending Balance, treasury shares at Jun. 30, 2026               46,348   46,348