v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Shares
Preferred Shares
Additional Paid- In Capital
Treasury Shares
Noncontrolling Interest
Accumulated other comprehensive income (loss)
(Accumulated Deficit) Retained Earnings
Common shares, beginning balance (in shares) at Dec. 31, 2024   89,240            
Beginning balance at Dec. 31, 2024 $ 1,373,607 $ 892 $ 9 $ 1,305,375 $ (40,000) $ 13,694 $ 0 $ 93,637
Preferred shares, beginning balance (in shares) at Dec. 31, 2024     832          
Balance at beginning of period, Treasury stock (in shares) at Dec. 31, 2024         1,435      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 31,036         625   30,411
Other comprehensive (loss) income (5,684)           (5,684)  
Preferred shares and noncontrolling interest converted to common shares (in shares)   90 (90)          
Preferred shares and noncontrolling interest converted to common shares 0 $ 1 $ (1) 2,032   (2,032)    
Equity compensation 6,978     6,879   99    
Dividends and dividends equivalents paid to stockholders (36,956)             (36,956)
Restricted Stock Units vested, net (in shares)   202            
Restricted Stock Units vested, net (2,827) $ 2   (2,829)        
Repurchase of common shares (in shares)         270      
Repurchase of common shares (9,956)       $ (9,956)      
Net effect on deferred taxes and taxes payable related to the vesting of restricted stock 16     16        
Distributions to noncontrolling interest (357)         (357)    
Common shares, ending balance (in shares) at Mar. 31, 2025   89,532            
Ending balance at Mar. 31, 2025 1,355,857 $ 895 $ 8 1,311,473 $ (49,956) 12,029 (5,684) 87,092
Preferred shares, ending balance (in shares) at Mar. 31, 2025     742          
Balance at end of period, Treasury stock (in shares) at Mar. 31, 2025         1,705      
Common shares, beginning balance (in shares) at Dec. 31, 2024   89,240            
Beginning balance at Dec. 31, 2024 1,373,607 $ 892 $ 9 1,305,375 $ (40,000) 13,694 0 93,637
Preferred shares, beginning balance (in shares) at Dec. 31, 2024     832          
Balance at beginning of period, Treasury stock (in shares) at Dec. 31, 2024         1,435      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 71,020              
Common shares, ending balance (in shares) at Jun. 30, 2025   89,566            
Ending balance at Jun. 30, 2025 1,348,466 $ 895 $ 8 1,317,475 $ (59,956) 12,347 (8,316) 86,013
Preferred shares, ending balance (in shares) at Jun. 30, 2025     742          
Balance at end of period, Treasury stock (in shares) at Jun. 30, 2025         1,983      
Common shares, beginning balance (in shares) at Dec. 31, 2024   89,240            
Beginning balance at Dec. 31, 2024 $ 1,373,607 $ 892 $ 9 1,305,375 $ (40,000) 13,694 0 93,637
Preferred shares, beginning balance (in shares) at Dec. 31, 2024     832          
Balance at beginning of period, Treasury stock (in shares) at Dec. 31, 2024         1,435      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Preferred shares and noncontrolling interest converted to common shares (in shares)   500            
Common shares, ending balance (in shares) at Dec. 31, 2025 85,800 90,245            
Ending balance at Dec. 31, 2025 $ 1,207,396 $ 903 $ 4 1,334,333 $ (143,968) 4,910 (1,586) 12,800
Preferred shares, ending balance (in shares) at Dec. 31, 2025 300   307          
Balance at end of period, Treasury stock (in shares) at Dec. 31, 2025 4,500       4,492      
Common shares, beginning balance (in shares) at Mar. 31, 2025   89,532            
Beginning balance at Mar. 31, 2025 $ 1,355,857 $ 895 $ 8 1,311,473 $ (49,956) 12,029 (5,684) 87,092
Preferred shares, beginning balance (in shares) at Mar. 31, 2025     742          
Balance at beginning of period, Treasury stock (in shares) at Mar. 31, 2025         1,705      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 39,984         488   39,496
Other comprehensive (loss) income (2,632)           (2,632)  
Preferred shares and noncontrolling interest converted to common shares 0     (111)   111    
Equity compensation 6,291     6,163   56   72
Dividends and dividends equivalents paid to stockholders (40,647)             (40,647)
Restricted Stock Units vested, net (in shares)   34            
Restricted Stock Units vested, net (458)     (458)        
Repurchase of common shares (in shares)         278      
Repurchase of common shares (10,000)       $ (10,000)      
Net effect on deferred taxes and taxes payable related to the vesting of restricted stock 408     408        
Distributions to noncontrolling interest (337)         (337)    
Common shares, ending balance (in shares) at Jun. 30, 2025   89,566            
Ending balance at Jun. 30, 2025 $ 1,348,466 $ 895 $ 8 1,317,475 $ (59,956) 12,347 (8,316) 86,013
Preferred shares, ending balance (in shares) at Jun. 30, 2025     742          
Balance at end of period, Treasury stock (in shares) at Jun. 30, 2025         1,983      
Common shares, beginning balance (in shares) at Dec. 31, 2025 85,800 90,245            
Beginning balance at Dec. 31, 2025 $ 1,207,396 $ 903 $ 4 1,334,333 $ (143,968) 4,910 (1,586) 12,800
Preferred shares, beginning balance (in shares) at Dec. 31, 2025 300   307          
Balance at beginning of period, Treasury stock (in shares) at Dec. 31, 2025 4,500       4,492      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income $ 17,860         55   17,805
Other comprehensive (loss) income 1,487           1,487  
Preferred shares and noncontrolling interest converted to common shares (in shares)   83 (83)          
Preferred shares and noncontrolling interest converted to common shares 0 $ 2 $ (2) 1,233   (1,233)    
Equity compensation 5,890     5,874   16    
Dividends and dividends equivalents paid to stockholders (43,024)             (43,024)
Restricted Stock Units vested, net (in shares)   505            
Restricted Stock Units vested, net (14,979) $ 3   (14,982)        
Net effect on deferred taxes and taxes payable related to the vesting of restricted stock 527     527        
Distributions to noncontrolling interest (151)         (151)    
Common shares, ending balance (in shares) at Mar. 31, 2026   90,833            
Ending balance at Mar. 31, 2026 $ 1,175,006 $ 908 $ 2 1,326,985 $ (143,968) 3,597 (99) (12,419)
Preferred shares, ending balance (in shares) at Mar. 31, 2026     224          
Balance at end of period, Treasury stock (in shares) at Mar. 31, 2026         4,492      
Common shares, beginning balance (in shares) at Dec. 31, 2025 85,800 90,245            
Beginning balance at Dec. 31, 2025 $ 1,207,396 $ 903 $ 4 1,334,333 $ (143,968) 4,910 (1,586) 12,800
Preferred shares, beginning balance (in shares) at Dec. 31, 2025 300   307          
Balance at beginning of period, Treasury stock (in shares) at Dec. 31, 2025 4,500       4,492      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income $ 70,004              
Preferred shares and noncontrolling interest converted to common shares (in shares)   100            
Common shares, ending balance (in shares) at Jun. 30, 2026 100,900 105,440            
Ending balance at Jun. 30, 2026 $ 2,164,424 $ 1,054 $ 2 2,311,907 $ (143,968) 3,159 2,743 (10,473)
Preferred shares, ending balance (in shares) at Jun. 30, 2026 200   224          
Balance at end of period, Treasury stock (in shares) at Jun. 30, 2026 4,500       4,492      
Common shares, beginning balance (in shares) at Mar. 31, 2026   90,833            
Beginning balance at Mar. 31, 2026 $ 1,175,006 $ 908 $ 2 1,326,985 $ (143,968) 3,597 (99) (12,419)
Preferred shares, beginning balance (in shares) at Mar. 31, 2026     224          
Balance at beginning of period, Treasury stock (in shares) at Mar. 31, 2026         4,492      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 52,144         173   51,971
Other comprehensive (loss) income 2,842           2,842  
Issuance of common shares, net of offering costs (in shares)   12,149            
Issuance of common shares, net of offering costs 836,132 $ 122   836,010        
Issuance of common shares related to DPS Acquisition (in shares)   2,401            
Issuance of common shares related to DPS Acquisition 139,034 $ 24   139,010        
Preferred shares and noncontrolling interest converted to common shares 0     480   (480)    
Equity compensation 8,639     8,619   20    
Dividends and dividends equivalents paid to stockholders (50,025)             (50,025)
Restricted Stock Units vested, net (in shares)   57            
Restricted Stock Units vested, net 798     798        
Net effect on deferred taxes and taxes payable related to the vesting of restricted stock 5     5        
Distributions to noncontrolling interest $ (151)         (151)    
Common shares, ending balance (in shares) at Jun. 30, 2026 100,900 105,440            
Ending balance at Jun. 30, 2026 $ 2,164,424 $ 1,054 $ 2 $ 2,311,907 $ (143,968) $ 3,159 $ 2,743 $ (10,473)
Preferred shares, ending balance (in shares) at Jun. 30, 2026 200   224          
Balance at end of period, Treasury stock (in shares) at Jun. 30, 2026 4,500       4,492