v3.26.1
CONSOLIDATED STATEMENTS OF COMMON SHAREHOLDER’S EQUITY Statement - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Subsidiaries
Subsidiaries
Common Stock
Subsidiaries
Additional Paid-in Capital
Subsidiaries
Retained Earnings
Subsidiaries
Accumulated Other Comprehensive Income (Loss)
Beginning Balance (in shares) at Dec. 31, 2024   200         85,903,791      
Beginning Balance at Dec. 31, 2024 $ 5,368,205 $ 0 $ 3,816,332 $ 1,508,705 $ 43,168 $ 5,563,887 $ 859 $ 3,927,905 $ 1,665,370 $ (30,247)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 167,556     167,556   186,014     186,014  
Common stock dividend paid (19,979)     (19,979)   (24,793)     (24,793)  
Other comprehensive income (loss) (1,014)       (1,014) 32       32
Ending Balance (in shares) at Mar. 31, 2025   200         85,903,791      
Ending Balance at Mar. 31, 2025 5,514,768 $ 0 3,816,332 1,656,282 42,154 5,725,140 $ 859 3,927,905 1,826,591 (30,215)
Beginning Balance (in shares) at Dec. 31, 2024   200         85,903,791      
Beginning Balance at Dec. 31, 2024 5,368,205 $ 0 3,816,332 1,508,705 43,168 5,563,887 $ 859 3,927,905 1,665,370 (30,247)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 211,730         254,334        
Ending Balance (in shares) at Jun. 30, 2025   200         85,903,791      
Ending Balance at Jun. 30, 2025 5,554,535 $ 0 3,816,332 1,697,061 41,142 5,932,489 $ 859 4,066,905 1,894,911 (30,186)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Investment from Parent           139,000        
Beginning Balance (in shares) at Mar. 31, 2025   200         85,903,791      
Beginning Balance at Mar. 31, 2025 5,514,768 $ 0 3,816,332 1,656,282 42,154 5,725,140 $ 859 3,927,905 1,826,591 (30,215)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 44,174     44,174   68,320     68,320  
Common stock dividend paid (3,395)     (3,395)            
Other comprehensive income (loss) (1,012)       (1,012) 29       29
Ending Balance (in shares) at Jun. 30, 2025   200         85,903,791      
Ending Balance at Jun. 30, 2025 $ 5,554,535 $ 0 3,816,332 1,697,061 41,142 5,932,489 $ 859 4,066,905 1,894,911 (30,186)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Investment from Parent           $ 139,000   139,000    
Beginning Balance (in shares) at Dec. 31, 2025 200 200       85,903,791 85,903,791      
Beginning Balance at Dec. 31, 2025 $ 5,707,347 $ 0 3,816,332 1,815,186 75,829 $ 6,205,551 $ 859 4,191,905 2,006,286 6,501
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 222,832     222,832   246,438     246,438  
Common stock dividend paid (20,943)     (20,943)   (85,280)     (85,280)  
Other comprehensive income (loss) (550)       (550) 26       26
Ending Balance (in shares) at Mar. 31, 2026   200         85,903,791      
Ending Balance at Mar. 31, 2026 $ 5,908,686 $ 0 3,816,332 2,017,075 75,279 $ 6,366,735 $ 859 4,191,905 2,167,444 6,527
Beginning Balance (in shares) at Dec. 31, 2025 200 200       85,903,791 85,903,791      
Beginning Balance at Dec. 31, 2025 $ 5,707,347 $ 0 3,816,332 1,815,186 75,829 $ 6,205,551 $ 859 4,191,905 2,006,286 6,501
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) $ 272,531         $ 326,183        
Ending Balance (in shares) at Jun. 30, 2026 200 200       85,903,791 85,903,791      
Ending Balance at Jun. 30, 2026 $ 5,957,810 $ 0 3,816,332 2,066,754 74,724 $ 6,417,918 $ 859 4,191,905 2,218,601 6,553
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Investment from Parent           0        
Beginning Balance (in shares) at Mar. 31, 2026   200         85,903,791      
Beginning Balance at Mar. 31, 2026 5,908,686 $ 0 3,816,332 2,017,075 75,279 6,366,735 $ 859 4,191,905 2,167,444 6,527
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 49,699     49,699   79,745     79,745  
Common stock dividend paid (20)     (20)         (28,588)  
Other comprehensive income (loss) $ (555)       (555) $ 26       26
Ending Balance (in shares) at Jun. 30, 2026 200 200       85,903,791 85,903,791      
Ending Balance at Jun. 30, 2026 $ 5,957,810 $ 0 $ 3,816,332 $ 2,066,754 $ 74,724 $ 6,417,918 $ 859 $ 4,191,905 $ 2,218,601 $ 6,553
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Investment from Parent           $ (28,588)