v3.26.1
Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Beginning balance at Dec. 31, 2024   $ 25 $ 215,851 $ 620,436 $ (54,781)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock based compensation     2,481    
Net income (loss) $ 40,647     40,647  
Dividends on common stock [1]       (8,141)  
Foreign currency translation adjustment, tax impact       84  
Change in net unrealized investment gain (loss) [2]         27,504
Change in liability for underfunded employee benefit plans [2]         (1,144)
Foreign currency translation adjustment 2,706       2,706 [2]
Ending balance at Jun. 30, 2025 845,668 $ 25 218,332 653,026 (25,715)
Balance, beginning (in shares) at Dec. 31, 2024   25,378,291      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock based compensation (in shares)   112,704      
Balance, ending (in shares) at Jun. 30, 2025   25,490,995      
Beginning balance at Mar. 31, 2025   $ 25 216,877 634,002 (33,242)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock based compensation     1,455    
Net income (loss) 22,947     22,947  
Dividends on common stock [1]       (4,079)  
Foreign currency translation adjustment, tax impact       156  
Change in net unrealized investment gain (loss) [2]         6,965
Change in liability for underfunded employee benefit plans [2]         (572)
Foreign currency translation adjustment 1,134       1,134 [2]
Ending balance at Jun. 30, 2025 845,668 $ 25 218,332 653,026 (25,715)
Balance, beginning (in shares) at Mar. 31, 2025   25,446,516      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock based compensation (in shares)   44,479      
Balance, ending (in shares) at Jun. 30, 2025   25,490,995      
Beginning balance at Dec. 31, 2025 941,170 $ 25 223,887 722,321 (5,063)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock based compensation   1 3,064    
Net income (loss) 63,417     63,417  
Dividends on common stock [1]       (10,359)  
Change in net unrealized investment gain (loss) [2]         (18,400)
Change in liability for underfunded employee benefit plans [2]         (1,144)
Foreign currency translation adjustment (521)       (412) [2]
Ending balance at Jun. 30, 2026 $ 977,337 $ 26 226,951 775,379 (25,019)
Balance, beginning (in shares) at Dec. 31, 2025 25,522,051 25,522,051      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock based compensation (in shares)   182,369      
Balance, ending (in shares) at Jun. 30, 2026 25,704,420 25,704,420      
Beginning balance at Mar. 31, 2026   $ 26 224,064 747,260 (20,736)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock based compensation     2,887    
Net income (loss) $ 33,365     33,365  
Dividends on common stock [1]       (5,246)  
Change in net unrealized investment gain (loss) [2]         (3,751)
Change in liability for underfunded employee benefit plans [2]         (572)
Foreign currency translation adjustment 51       40 [2]
Ending balance at Jun. 30, 2026 $ 977,337 $ 26 $ 226,951 $ 775,379 $ (25,019)
Balance, beginning (in shares) at Mar. 31, 2026   25,652,596      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock based compensation (in shares)   51,824      
Balance, ending (in shares) at Jun. 30, 2026 25,704,420 25,704,420      
[1] Dividends on common stock ($0.20 and $0.40 for three- and six-month periods ended 2026; $0.16 and $0.32 for three- and six-month periods ended 2025, per share)
[2] Amount is net of reclassification adjustment, as applicable, and income taxes.