v3.26.1
Equity (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Changes in Total Common Stockholders' Equity
The Company’s changes in total equity for the three and six months ended June 30, 2026 and 2025 were as follows:
Three Months Ended June 30, 2026
 Common StockAdditional
Paid-in
Capital
Retained
Earnings
Accumulated Other Comprehensive LossNoncontrolling InterestTotal Equity
 SharesAmount
 (In thousands)
Balance at March 31, 202659,853 $599 $980,113 $713,333 $(13,537)$2,604 $1,683,112 
Net income (loss)— — — 56,465 — (12)56,453 
Issuance of common stock1,989 19 90,304 — — — 90,323 
Repurchase of common stock(3)— (128)— — — (128)
Dividends paid on common stock ($0.335 per share)
— — — (20,053)— — (20,053)
Other comprehensive income, net of tax (a)— — — — 385 — 385 
Investment in business with noncontrolling interest
— — (27)— — 27 — 
Balance at June 30, 202661,839 $618 $1,070,262 $749,745 $(13,152)$2,619 $1,810,092 
Six Months Ended June 30, 2026
 Common StockAdditional
Paid-in
Capital
Retained
Earnings
Accumulated Other Comprehensive LossNoncontrolling InterestTotal Equity
 SharesAmount
 (In thousands)
Balance at January 1, 202659,638 $596 $973,454 $729,276 $(13,922)$2,571 $1,691,975 
Net income (loss)— — — 60,502 — (12)60,490 
Issuance of common stock2,222 22 97,819 — — — 97,841 
Repurchase of common stock(21)— (951)— — — (951)
Dividends paid on common stock ($0.670 per share)
— — — (40,033)— — (40,033)
Other comprehensive income, net of tax (a)— — — — 770 — 770 
Investment in business with noncontrolling interest
— — (60)— — 60 — 
Balance at June 30, 202661,839 $618 $1,070,262 $749,745 $(13,152)$2,619 $1,810,092 
Three Months Ended June 30, 2025
 Common StockAdditional
Paid-in
Capital
Retained
Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Total Equity
 SharesAmount
 (In thousands)
Balance at March 31, 202559,570 $596 $967,689 $668,023 $(7,063)$2,744 $1,631,989 
Net income (loss)— — — 42,168 — (118)42,050 
Issuance of common stock14 — 1,392 — — — 1,392 
Repurchase of common stock(3)— (105)— — — (105)
Dividends paid on common stock ($0.300 per share)
— — — (17,872)— — (17,872)
Other comprehensive income, net of tax (a)— — — — 154 — 154 
Investment in business with noncontrolling interest
— — (156)— — 156 — 
Distribution to noncontrolling interest— — — — — (339)(339)
Balance at June 30, 202559,581 $596 $968,820 $692,319 $(6,909)$2,443 $1,657,269 
Six Months Ended June 30, 2025
 Common StockAdditional
Paid-in
Capital
Retained
Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Total Equity
 SharesAmount
 (In thousands)
Balance at January 1, 202559,484 $595 $966,975 $674,918 $(7,217)$3,015 $1,638,286 
Net income (loss)— — — 55,499 — (247)55,252 
Issuance of common stock124 3,525 — — — 3,526 
Repurchase of common stock(27)— (1,214)— — — (1,214)
Dividends paid on common stock ($0.640 per share)
— — — (38,098)— — (38,098)
Other comprehensive income, net of tax (a)— — — — 308 — 308 
Investment in business with noncontrolling interest
— — (466)— — 466 — 
Distribution to noncontrolling interest— — — — — (791)(791)
Balance at June 30, 202559,581 $596 $968,820 $692,319 $(6,909)$2,443 $1,657,269 
(a) This accumulated other comprehensive loss component is included in the computation of net periodic benefit costs for the Company’s supplemental executive retirement plan (SERP), specifically the following components: amortization of unrecognized (gain) loss and amortization of prior service credit.