v3.26.1
Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Beginning balance, common stock (in shares) at Dec. 31, 2024   60,071,000      
Beginning balance at Dec. 31, 2024 $ 8,702,262 $ 673 $ (936,157) $ 7,336,091 $ 2,301,655
Beginning balance, treasury stock (in shares) at Dec. 31, 2024     6,897,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Equity-based compensation and vestings (in shares)   237,000      
Equity-based compensation and vestings 6,878 $ 2   6,876  
Tax withholdings on settlement of equity-based awards (in shares)   (117,000)      
Tax withholdings on settlement of equity-based awards (14,357) $ (1)   (14,356)  
Dividends (77,429)       (77,429)
Share repurchases (in shares)   (1,994,000) 1,994,000    
Share repurchases (218,527)   $ (218,527)    
Net income (loss) 219,837       219,837
Ending balance, common stock (in shares) at Mar. 31, 2025   58,197,000      
Ending balance at Mar. 31, 2025 8,618,664 $ 674 $ (1,154,684) 7,328,611 2,444,063
Ending balance, treasury stock (in shares) at Mar. 31, 2025     8,891,000    
Beginning balance, common stock (in shares) at Dec. 31, 2024   60,071,000      
Beginning balance at Dec. 31, 2024 $ 8,702,262 $ 673 $ (936,157) 7,336,091 2,301,655
Beginning balance, treasury stock (in shares) at Dec. 31, 2024     6,897,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Share repurchases (in shares) 2,600,117        
Ending balance, common stock (in shares) at Jun. 30, 2025   57,649,000      
Ending balance at Jun. 30, 2025 $ 8,096,224 $ 675 $ (1,210,171) 7,327,295 1,978,425
Ending balance, treasury stock (in shares) at Jun. 30, 2025     9,497,000    
Beginning balance, common stock (in shares) at Mar. 31, 2025   58,197,000      
Beginning balance at Mar. 31, 2025 8,618,664 $ 674 $ (1,154,684) 7,328,611 2,444,063
Beginning balance, treasury stock (in shares) at Mar. 31, 2025     8,891,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Equity-based compensation and vestings (in shares)   141,000      
Equity-based compensation and vestings 6,122 $ 1   6,121  
Tax withholdings on settlement of equity-based awards (in shares)   (83,000)      
Tax withholdings on settlement of equity-based awards (7,437)     (7,437)  
Dividends (75,733)       (75,733)
Share repurchases (in shares)   (606,000) 606,000    
Share repurchases (55,487)   $ (55,487)    
Net income (loss) (389,905)       (389,905)
Ending balance, common stock (in shares) at Jun. 30, 2025   57,649,000      
Ending balance at Jun. 30, 2025 $ 8,096,224 $ 675 $ (1,210,171) 7,327,295 1,978,425
Ending balance, treasury stock (in shares) at Jun. 30, 2025     9,497,000    
Beginning balance, common stock (in shares) at Dec. 31, 2025 56,762,243 56,762,000      
Beginning balance at Dec. 31, 2025 $ 8,079,954 $ 675 $ (1,304,092) 7,339,735 2,043,636
Beginning balance, treasury stock (in shares) at Dec. 31, 2025 10,388,504   10,388,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Equity-based compensation and vestings (in shares)   125,000      
Equity-based compensation and vestings $ 8,043 $ 1   8,042  
Tax withholdings on settlement of equity-based awards (in shares)   (44,000)      
Tax withholdings on settlement of equity-based awards (4,323)     (4,323)  
Dividends (74,571)       (74,571)
Share repurchases (in shares)   (559,000) 559,000    
Share repurchases (71,364)   $ (71,364)    
Net income (loss) 108,608       108,608
Ending balance, common stock (in shares) at Mar. 31, 2026   56,284,000      
Ending balance at Mar. 31, 2026 $ 8,046,347 $ 676 $ (1,375,456) 7,343,454 2,077,673
Ending balance, treasury stock (in shares) at Mar. 31, 2026     10,947,000    
Beginning balance, common stock (in shares) at Dec. 31, 2025 56,762,243 56,762,000      
Beginning balance at Dec. 31, 2025 $ 8,079,954 $ 675 $ (1,304,092) 7,339,735 2,043,636
Beginning balance, treasury stock (in shares) at Dec. 31, 2025 10,388,504   10,388,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Share repurchases (in shares) 1,663,410        
Ending balance, common stock (in shares) at Jun. 30, 2026 55,197,317 55,197,000      
Ending balance at Jun. 30, 2026 $ 8,357,339 $ 676 $ (1,524,300) 7,351,992 2,528,971
Ending balance, treasury stock (in shares) at Jun. 30, 2026 12,051,914   12,051,000    
Beginning balance, common stock (in shares) at Mar. 31, 2026   56,284,000      
Beginning balance at Mar. 31, 2026 $ 8,046,347 $ 676 $ (1,375,456) 7,343,454 2,077,673
Beginning balance, treasury stock (in shares) at Mar. 31, 2026     10,947,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Equity-based compensation and vestings (in shares)   19,000      
Equity-based compensation and vestings 8,772 $ 0   8,772  
Tax withholdings on settlement of equity-based awards (in shares)   (2,000)      
Tax withholdings on settlement of equity-based awards (234)     (234)  
Dividends (73,888)       (73,888)
Share repurchases (in shares)   (1,104,000) 1,104,000    
Share repurchases (148,844)   $ (148,844)    
Net income (loss) $ 525,186       525,186
Ending balance, common stock (in shares) at Jun. 30, 2026 55,197,317 55,197,000      
Ending balance at Jun. 30, 2026 $ 8,357,339 $ 676 $ (1,524,300) $ 7,351,992 $ 2,528,971
Ending balance, treasury stock (in shares) at Jun. 30, 2026 12,051,914   12,051,000