v3.26.1
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Treasury Stock
AOCI Attributable to Parent
Beginning Balance at Dec. 31, 2024 $ 757.1 $ 0.6 $ 604.0 $ 1,560.7 $ (1,298.0) $ (110.2) [1],[2]
Balance, shares at Dec. 31, 2024   43,561,649        
Treasury stock , shares at Dec. 31, 2024         19,614,358  
Stock issuance, net, shares   114,906        
Share-based employee compensation, net 1.9   1.9      
Cash dividends - per common share (27.0)     (27.0)    
Net earnings 156.9     156.9    
Other comprehensive income (loss) 1.3         1.3
Acquisition of treasury stock (52.4)       $ (52.4)  
Acquisition of treasury stock, shares   (356,705)     356,705  
Ending Balance at Jun. 30, 2025 837.8 $ 0.6 605.9 1,690.6 $ (1,350.4) (108.9) [1],[2]
Balance, shares at Jun. 30, 2025   43,319,850        
Treasury stock , shares at Jun. 30, 2025         19,971,063  
Beginning Balance at Mar. 31, 2025 793.4 $ 0.6 607.5 1,616.3 $ (1,320.2) (110.8) [1],[2]
Balance, shares at Mar. 31, 2025   43,424,918        
Treasury stock , shares at Mar. 31, 2025         19,764,234  
Stock issuance, net, shares   101,761        
Share-based employee compensation, net (1.6)   (1.6)      
Cash dividends - per common share (13.5)     (13.5)    
Net earnings 87.8     87.8    
Other comprehensive income (loss) 1.9         1.9
Acquisition of treasury stock (30.2)       $ (30.2)  
Acquisition of treasury stock, shares   (206,829)     206,829  
Ending Balance at Jun. 30, 2025 837.8 $ 0.6 605.9 1,690.6 $ (1,350.4) (108.9) [1],[2]
Balance, shares at Jun. 30, 2025   43,319,850        
Treasury stock , shares at Jun. 30, 2025         19,971,063  
Beginning Balance at Dec. 31, 2025 $ 900.7 $ 0.6 617.2 1,814.1 $ (1,428.1) (103.1) [1]
Balance, shares at Dec. 31, 2025 42,916,593 42,916,593        
Treasury stock , shares at Dec. 31, 2025 20,383,425       20,383,425  
Stock issuance, net, shares   211,132        
Share-based employee compensation, net $ (14.5)   (14.5)      
Cash dividends - per common share (29.8)     (29.8)    
Net earnings 163.5     163.5    
Other comprehensive income (loss) 0.5         0.5
Acquisition of treasury stock (136.1)       $ (136.1)  
Acquisition of treasury stock, shares   (799,832)     799,832  
Ending Balance at Jun. 30, 2026 $ 884.3 $ 0.6 602.7 1,947.8 $ (1,564.2) (102.6) [1]
Balance, shares at Jun. 30, 2026 42,327,893 42,327,893        
Treasury stock , shares at Jun. 30, 2026 21,183,257       21,183,257  
Beginning Balance at Mar. 31, 2026 $ 892.9 $ 0.6 616.9 1,866.2 $ (1,488.7) (102.1) [1]
Balance, shares at Mar. 31, 2026   42,612,212        
Treasury stock , shares at Mar. 31, 2026         20,724,101  
Stock issuance, net, shares   174,837        
Share-based employee compensation, net (14.2)   (14.2)      
Cash dividends - per common share (15.1)     (15.1)    
Net earnings 96.7     96.7    
Other comprehensive income (loss) (0.5)         (0.5)
Acquisition of treasury stock (75.5)       $ (75.5)  
Acquisition of treasury stock, shares   (459,156)     459,156  
Ending Balance at Jun. 30, 2026 $ 884.3 $ 0.6 $ 602.7 $ 1,947.8 $ (1,564.2) $ (102.6) [1]
Balance, shares at Jun. 30, 2026 42,327,893 42,327,893        
Treasury stock , shares at Jun. 30, 2026 21,183,257       21,183,257  
[1] Amounts are net of tax.
[2] Amounts include our 50% share of AOCL components from our WAVE joint venture.