v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY (unaudited) - USD ($)
$ in Thousands
Total
Non- controlling interests subject to put provisions
Total
Common stock
Additional paid-in capital
Accumulated (deficit) earnings
Treasury stock
Accumulated other comprehensive loss
Non- controlling interests not subject to put provisions
Changes in noncontrolling interest from:                  
Common stock, shares outstanding (in shares)       90,369,000          
Beginning Balance at Dec. 31, 2024   $ 1,695,483              
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Net income   99,624              
Distributions   (96,587)              
Contributions   2,360              
Partial purchases   (5,865)              
Fair value remeasurements   (38,570)              
Ending Balance at Jun. 30, 2025   1,660,990              
Beginning balance at Dec. 31, 2024     $ 121,122 $ 90 $ 286,270 $ 1,534,630 $ (1,389,072) $ (310,796) $ 274,746
Treasury Stock, Common, Shares at Dec. 31, 2024             9,833,000    
Comprehensive Income:                  
Net income     362,254     362,254     45,558
Other comprehensive income (loss) $ 172,958   172,958         172,958  
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures         (30,477)        
Stock award plan (in shares)       408,000          
Stock award plan       $ 1          
Stock award plan     (30,476)            
Stock-settled stock-based compensation expense     61,854   61,854        
Changes in noncontrolling interest from:                  
Distributions                 (54,500)
Contributions                 218
Acquisitions and divestitures     (15)   (15)       (4,356)
Acquisitions and divestitures   4,545              
Partial purchases     682   682        
Fair value remeasurements     38,570   38,570        
Purchase of treasury stock     (996,246)       $ (996,246)    
Purchase of treasury stock (in shares)             (6,727,000)    
Share Purchase Obligation     (100,336)       $ (100,336)    
Treasury Stock, Common, Shares at Jun. 30, 2025             16,560,000    
Ending balance at Jun. 30, 2025     (369,633) $ 91 356,884 1,896,884 $ (2,485,654) (137,838) 261,666
Changes in noncontrolling interest from:                  
Common stock, shares outstanding (in shares)       90,770,000          
Beginning Balance at Mar. 31, 2025   1,666,521              
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Net income   54,394              
Distributions   (35,266)              
Contributions   409              
Fair value remeasurements   (25,259)              
Ending Balance at Jun. 30, 2025   1,660,990              
Beginning balance at Mar. 31, 2025     (267,101) $ 91 299,467 1,697,547 $ (2,037,238) (226,968) 260,549
Treasury Stock, Common, Shares at Mar. 31, 2025             13,493,000    
Comprehensive Income:                  
Net income     199,337     199,337     21,489
Other comprehensive income (loss) $ 89,130   89,130         89,130  
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures         (312)        
Stock award plan (in shares)       7,000          
Stock award plan       $ 0          
Stock award plan     (312)            
Stock-settled stock-based compensation expense     32,485   32,485        
Changes in noncontrolling interest from:                  
Distributions                 (22,799)
Acquisitions and divestitures     (15)   (15)       2,427
Acquisitions and divestitures   191              
Fair value remeasurements     25,259   25,259        
Purchase of treasury stock     (446,024)       $ (446,024)    
Purchase of treasury stock (in shares)             (3,067,000)    
Share Purchase Obligation     (2,392)       $ (2,392)    
Treasury Stock, Common, Shares at Jun. 30, 2025             16,560,000    
Ending balance at Jun. 30, 2025     (369,633) $ 91 356,884 1,896,884 $ (2,485,654) (137,838) 261,666
Changes in noncontrolling interest from:                  
Common stock, shares outstanding (in shares)       90,777,000          
Common stock, shares outstanding (in shares) 68,549,000     68,549,000          
Beginning Balance at Dec. 31, 2025   1,532,166              
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Net income   103,770              
Distributions   (99,726)              
Contributions   2,505              
Partial purchases   (13,158)              
Fair value remeasurements   35,859              
Ending Balance at Jun. 30, 2026   1,561,416              
Beginning balance at Dec. 31, 2025 $ (373,728)   (651,082) $ 69 0 (328,428) $ (199,940) (122,783) 277,354
Treasury Stock, Common, Shares at Dec. 31, 2025 0           0    
Comprehensive Income:                  
Net income     462,927     462,927     51,561
Other comprehensive income (loss) $ 64,232   64,232         64,232  
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures         (27,892)        
Stock award plan           (35,921)      
Stock award plan (in shares)       649,000          
Stock award plan       $ 0          
Stock award plan     (63,813)            
Stock-settled stock-based compensation expense     50,057   50,057        
Changes in noncontrolling interest from:                  
Distributions                 (50,166)
Contributions                 1,734
Acquisitions and divestitures                 2,635
Acquisitions and divestitures                
Partial purchases     (3,651)   348        
Partial purchases           (3,999)      
Fair value remeasurements     (35,859)   (22,513) (13,346)      
Purchase of treasury stock     (751,334)       $ (751,334)    
Purchase of treasury stock (in shares) (5,243,000)           5,243,000    
Share Purchase Obligation     163,427       $ 163,427    
Treasury Stock, Common, Shares at Jun. 30, 2026 (5,243,000)           (5,243,000)    
Ending balance at Jun. 30, 2026 $ (481,978)   (765,096) $ 69 0 81,233 $ (787,847) (58,551) 283,118
Changes in noncontrolling interest from:                  
Common stock, shares outstanding (in shares)       69,190,000          
Beginning Balance at Mar. 31, 2026   1,524,505              
Increase (Decrease) in Temporary Equity [Roll Forward]                  
Net income   53,632              
Distributions   (44,041)              
Contributions   1              
Partial purchases   (116)              
Fair value remeasurements   27,435              
Ending Balance at Jun. 30, 2026   $ 1,561,416              
Beginning balance at Mar. 31, 2026     (755,496) $ 69 0 (179,242) $ (489,364) (86,959) 279,157
Treasury Stock, Common, Shares at Mar. 31, 2026             3,005,000    
Comprehensive Income:                  
Net income     265,397     265,397     24,194
Other comprehensive income (loss) $ 28,408   28,408         28,408  
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures         (658)        
Stock award plan                
Stock award plan (in shares)       8,000          
Stock award plan       $ 0          
Stock award plan     (658)            
Stock-settled stock-based compensation expense     23,451   23,451        
Changes in noncontrolling interest from:                  
Distributions                 (20,411)
Contributions                 189
Acquisitions and divestitures                 (11)
Partial purchases     (280)   (280)        
Fair value remeasurements     (27,435)   (22,513) (4,922)      
Purchase of treasury stock     (348,470)       $ (348,470)    
Purchase of treasury stock (in shares) (2,238,000)           (2,238,000)    
Share Purchase Obligation     49,987       $ 49,987    
Treasury Stock, Common, Shares at Jun. 30, 2026 (5,243,000)           (5,243,000)    
Ending balance at Jun. 30, 2026 $ (481,978)   $ (765,096) $ 69 $ 0 $ 81,233 $ (787,847) $ (58,551) $ 283,118
Changes in noncontrolling interest from:                  
Common stock, shares outstanding (in shares) 63,955,000     69,198,000