v3.26.1
Condensed Consolidated Statements of Redeemable Preferred Stock and Equity - USD ($)
$ in Thousands
Total
Common Stock
Paid in Capital in Excess of par
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Total WLFC Shareholders’ Equity
Noncontrolling Interests
Redeemable Preferred Stock
Balances, beginning of period, redeemable preferred stock (in shares) at Dec. 31, 2024                 9,750,000
Balances, beginning of period, redeemable preferred stock at Dec. 31, 2024                 $ 63,122
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Accretion of preferred shares issuance costs $ (139)               $ 139
Balances, end of period, redeemable preferred stock (in shares) at Jun. 30, 2025                 9,750,000
Balances, end of period, redeemable preferred stock at Jun. 30, 2025                 $ 63,261
Balances, beginning of period, common stock (in shares) at Dec. 31, 2024   21,519,000              
Balances, beginning of period at Dec. 31, 2024 549,338 $ 215 $ 50,785 $ 491,439   $ 6,899      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income attributable to WLFC 77,246     77,246          
Net income attributable to noncontrolling interests 0                
Net unrealized gain from currency translation adjustment, net of tax expense 235         235      
Net unrealized gain (loss) from derivative instruments, net of tax expense (benefit) (7,394)         (7,394)      
Shares issued under stock compensation plans (in shares)   1,818,000              
Shares issued under stock compensation plans 132 $ 18 114            
Cancellation of restricted stock in satisfaction of withholding tax (in shares)   (402,000)              
Cancellation of restricted stock in satisfaction of withholding tax (18,714) $ (4) (18,710)            
Stock-based compensation expense, net of forfeitures 23,658   23,658            
Accretion of preferred shares issuance costs (139)     (139)          
Common stock cash dividends paid (3,749)     (3,749)          
Preferred stock dividends (2,676)     (2,676)          
Balances, ending of period, common stock (in shares) at Jun. 30, 2025   22,935,000              
Balances, end of period at Jun. 30, 2025 617,937 $ 229 55,847 562,121   (260)      
Balances, beginning of period, redeemable preferred stock (in shares) at Mar. 31, 2025                 9,750,000
Balances, beginning of period, redeemable preferred stock at Mar. 31, 2025                 $ 63,192
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Accretion of preferred shares issuance costs (69)               $ 69
Balances, end of period, redeemable preferred stock (in shares) at Jun. 30, 2025                 9,750,000
Balances, end of period, redeemable preferred stock at Jun. 30, 2025                 $ 63,261
Balances, beginning of period, common stock (in shares) at Mar. 31, 2025   22,119,000              
Balances, beginning of period at Mar. 31, 2025 565,488 $ 221 57,820 505,083   2,364      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income attributable to WLFC 60,377     60,377          
Net income attributable to noncontrolling interests 0                
Net unrealized gain from currency translation adjustment, net of tax expense 232         232      
Net unrealized gain (loss) from derivative instruments, net of tax expense (benefit) (2,856)         (2,856)      
Shares issued under stock compensation plans (in shares)   1,218,000              
Shares issued under stock compensation plans (2) $ 12 (14)            
Cancellation of restricted stock in satisfaction of withholding tax (in shares)   (402,000)              
Cancellation of restricted stock in satisfaction of withholding tax (18,714) $ (4) (18,710)            
Stock-based compensation expense, net of forfeitures 16,751   16,751            
Accretion of preferred shares issuance costs (69)     (69)          
Common stock cash dividends paid (1,917)     (1,917)          
Preferred stock dividends (1,353)     (1,353)          
Balances, ending of period, common stock (in shares) at Jun. 30, 2025   22,935,000              
Balances, end of period at Jun. 30, 2025 $ 617,937 $ 229 55,847 562,121   $ (260)      
Balances, beginning of period, redeemable preferred stock (in shares) at Dec. 31, 2025 9,750,000               9,750,000
Balances, beginning of period, redeemable preferred stock at Dec. 31, 2025                 $ 63,401
Balances, beginning of period, redeemable preferred stock at Dec. 31, 2025 $ 63,401                
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Accretion of preferred shares issuance costs $ (139)               $ 139
Balances, end of period, redeemable preferred stock (in shares) at Jun. 30, 2026 9,750,000               9,750,000
Balances, end of period, redeemable preferred stock at Jun. 30, 2026                 $ 63,540
Balances, end of period, redeemable preferred stock at Jun. 30, 2026 $ 63,540                
Balances, beginning of period, common stock (in shares) at Dec. 31, 2025 22,860,000 22,860,000              
Equity, including noncontrolling interest, beginning balance at Dec. 31, 2025 $ 662,137 $ 229 72,510 590,785 $ (1,387)   $ 662,137 $ 0  
Balances, beginning of period at Dec. 31, 2025 662,137                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income attributable to WLFC 55,251     55,251     55,251    
Net income attributable to noncontrolling interests 152             152  
Capital contributions 2,115             2,115  
Recallable return of capital (521)             (521)  
Net unrealized gain from currency translation adjustment, net of tax expense 708       708   708    
Net unrealized gain (loss) from derivative instruments, net of tax expense (benefit) 1,286       1,286   1,286    
Net realized gain from derivative instruments net of tax expense (546)       (546)   (546)    
Net unrealized loss from derivative instruments (6)             (6)  
Shares issued under stock compensation plans (in shares)   542,000              
Shares issued under stock compensation plans 222 $ 5 217       222    
Cancellation of restricted stock in satisfaction of withholding tax (in shares)   (594,000)              
Cancellation of restricted stock in satisfaction of withholding tax (27,914) $ (6) (27,908)       (27,914)    
Stock-based compensation expense, net of forfeitures 26,455   26,455       26,455    
Accretion of preferred shares issuance costs (139)     (139)     (139)    
Common stock cash dividends paid (6,158)     (6,158)     (6,158)    
Preferred stock dividends $ (2,706)     (2,706)     (2,706)    
Balances, ending of period, common stock (in shares) at Jun. 30, 2026 22,808,000 22,808,000              
Equity, including noncontrolling interest, ending balance at Jun. 30, 2026 $ 710,336 $ 228 71,274 637,033 61   708,596 1,740  
Balances, end of period at Jun. 30, 2026 708,596                
Balances, beginning of period, redeemable preferred stock (in shares) at Mar. 31, 2026                 9,750,000
Balances, beginning of period, redeemable preferred stock at Mar. 31, 2026                 $ 63,470
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Accretion of preferred shares issuance costs $ (70)               $ 70
Balances, end of period, redeemable preferred stock (in shares) at Jun. 30, 2026 9,750,000               9,750,000
Balances, end of period, redeemable preferred stock at Jun. 30, 2026                 $ 63,540
Balances, end of period, redeemable preferred stock at Jun. 30, 2026 $ 63,540                
Balances, beginning of period, common stock (in shares) at Mar. 31, 2026   23,232,000              
Equity, including noncontrolling interest, beginning balance at Mar. 31, 2026 694,374 $ 232 83,596 611,333 (787)   694,374 0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income attributable to WLFC 30,168     30,168     30,168    
Net income attributable to noncontrolling interests 152             152  
Capital contributions 2,115             2,115  
Recallable return of capital (521)             (521)  
Net unrealized gain from currency translation adjustment, net of tax expense 379       379   379    
Net unrealized gain (loss) from derivative instruments, net of tax expense (benefit) 469       469   469    
Net unrealized loss from derivative instruments (6)             (6)  
Shares issued under stock compensation plans (in shares)   14,000              
Shares issued under stock compensation plans 1   1       1    
Cancellation of restricted stock in satisfaction of withholding tax (in shares)   (438,000)              
Cancellation of restricted stock in satisfaction of withholding tax (25,030) $ (4) (25,026)       (25,030)    
Stock-based compensation expense, net of forfeitures 12,703   12,703       12,703    
Accretion of preferred shares issuance costs (70)     (70)     (70)    
Common stock cash dividends paid (3,045)     (3,045)     (3,045)    
Preferred stock dividends $ (1,353)     (1,353)     (1,353)    
Balances, ending of period, common stock (in shares) at Jun. 30, 2026 22,808,000 22,808,000              
Equity, including noncontrolling interest, ending balance at Jun. 30, 2026 $ 710,336 $ 228 $ 71,274 $ 637,033 $ 61   $ 708,596 $ 1,740  
Balances, end of period at Jun. 30, 2026 $ 708,596