v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Voting
Class B non-voting
Preferred Stock
Common Stock
Common Stock
Voting
Common Stock
Class B non-voting
Non-Voting Common Stock Equivalents
Additional Paid-in Capital
Retained Deficit
Accumulated Other Comprehensive Loss, Net
Beginning Period Balance at Dec. 31, 2024 $ 3,499,949     $ 498,516   $ 1,586 $ 5 $ 98 $ 3,785,725 $ (431,201) $ (354,780)
Stockholders' Equity Disclosure [Rollforward]                      
Net earnings 53,568                 53,568  
Other comprehensive income, net of tax 31,460                   31,460
Restricted stock awarded and earned stock compensation, net of shares forfeited 5,495         2     5,493    
Restricted stock surrendered (2,699)               (2,699)    
Share purchased under dividend reinvestment plan 72               72    
Shares repurchased under Stock Repurchase Program including excise tax (38,931) $ (27)             (38,904)    
Cash dividends paid: Preferred stock (9,947)                    
Cash dividends paid: Common stock (17,311)               (17,311)    
Ending Period Balance at Mar. 31, 2025 3,521,656     $ 498,516   $ 1,561 $ 5 $ 98 3,732,376 (387,580) (323,320)
Preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2024       513,250              
Common stock, outstanding, beginning balance (in shares) at Dec. 31, 2024           158,557,735 477,321 9,790,600      
Stockholders' Equity Disclosure [Rollforward]                      
Restricted stock awarded and earned stock compensation, net of shares forfeited (in shares)           440,587          
Restricted stock surrendered (in shares)           (183,480)          
Shares purchased under Dividend Reinvestment Plan (in shares)           5,146          
Shares repurchased under Stock Repurchase Program (in shares)           (2,684,823)          
Preferred stock outstanding, ending balance (in shares) at Mar. 31, 2025       513,250              
Common stock, issued, ending balance (in shares) at Mar. 31, 2025           156,135,165 477,321 9,790,600      
Beginning Period Balance at Dec. 31, 2024 3,499,949     $ 498,516   $ 1,586 $ 5 $ 98 3,785,725 (431,201) (354,780)
Stockholders' Equity Disclosure [Rollforward]                      
Net earnings 81,953                    
Ending Period Balance at Jun. 30, 2025 3,426,843     $ 498,516 $ 1,474   $ 5 $ 98 3,609,109 (369,142) (313,217)
Preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2024       513,250              
Common stock, outstanding, beginning balance (in shares) at Dec. 31, 2024           158,557,735 477,321 9,790,600      
Preferred stock outstanding, ending balance (in shares) at Jun. 30, 2025       513,250              
Common stock, issued, ending balance (in shares) at Jun. 30, 2025           147,379,216 477,321 9,790,600      
Beginning Period Balance at Mar. 31, 2025 3,521,656     $ 498,516   $ 1,561 $ 5 $ 98 3,732,376 (387,580) (323,320)
Stockholders' Equity Disclosure [Rollforward]                      
Net earnings 28,385                 28,385  
Other comprehensive income, net of tax 10,103                   10,103
Restricted stock awarded and earned stock compensation, net of shares forfeited 6,437       1       6,436    
Restricted stock surrendered (688)               (688)    
Share purchased under dividend reinvestment plan 72               72    
Shares repurchased under Stock Repurchase Program including excise tax (112,914) $ (88)             (112,826)    
Cash dividends paid: Preferred stock (9,947)                    
Cash dividends paid: Common stock (16,261)               (16,261)    
Ending Period Balance at Jun. 30, 2025 3,426,843     $ 498,516 $ 1,474   $ 5 $ 98 3,609,109 (369,142) (313,217)
Preferred stock outstanding, beginning balance (in shares) at Mar. 31, 2025       513,250              
Common stock, outstanding, beginning balance (in shares) at Mar. 31, 2025           156,135,165 477,321 9,790,600      
Stockholders' Equity Disclosure [Rollforward]                      
Restricted stock awarded and earned stock compensation, net of shares forfeited (in shares)           98,629          
Restricted stock surrendered (in shares)           (50,075)          
Shares purchased under Dividend Reinvestment Plan (in shares)           5,311          
Shares repurchased under Stock Repurchase Program (in shares)           (8,809,814)          
Preferred stock outstanding, ending balance (in shares) at Jun. 30, 2025       513,250              
Common stock, issued, ending balance (in shares) at Jun. 30, 2025           147,379,216 477,321 9,790,600      
Beginning Period Balance at Dec. 31, 2025 3,541,277     $ 498,516   $ 1,500 $ 5 $ 50 3,552,483 (242,016) (269,261)
Stockholders' Equity Disclosure [Rollforward]                      
Net earnings 71,952                 71,952  
Other comprehensive income, net of tax 1,326                   1,326
Conversion of NVCE to voting common stock 0         40   (40)      
Restricted stock awarded and earned stock compensation, net of shares forfeited 5,636         5     5,631    
Restricted stock surrendered (5,574)               (5,574)    
Share purchased under dividend reinvestment plan 115               115    
Shares repurchased under Stock Repurchase Program including excise tax (12,080)         (7)     (12,073)    
NVCE repurchased (20,200)             (10) (20,190)    
Cash dividends paid: Preferred stock (9,947)                 (9,947)  
Cash dividends paid: Common stock (19,179)               (19,179)    
Ending Period Balance at Mar. 31, 2026 3,553,326     $ 498,516   $ 1,538 $ 5 $ 0 3,501,213 (180,011) (267,935)
Preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2025       513,250              
Common stock, outstanding, beginning balance (in shares) at Dec. 31, 2025     477,321     150,039,018 477,321 5,017,064      
Stockholders' Equity Disclosure [Rollforward]                      
Restricted stock awarded and earned stock compensation, net of shares forfeited (in shares)           723,872          
Restricted stock surrendered (in shares)           (291,929)          
Shares purchased under Dividend Reinvestment Plan (in shares)           6,634          
Shares repurchased under Stock Repurchase Program (in shares)           (709,935)   (1,000,000)      
Conversion of NVCE to voting common stock (in shares)           4,017,064   (4,017,064)      
Preferred stock outstanding, ending balance (in shares) at Mar. 31, 2026       513,250              
Common stock, issued, ending balance (in shares) at Mar. 31, 2026           153,784,724 477,321 0      
Beginning Period Balance at Dec. 31, 2025 3,541,277     $ 498,516   $ 1,500 $ 5 $ 50 3,552,483 (242,016) (269,261)
Stockholders' Equity Disclosure [Rollforward]                      
Net earnings (169,395)                    
Ending Period Balance at Jun. 30, 2026 3,410,146     $ 498,516   $ 1,580 $ 5 $ 0 3,485,560 (431,305) (144,210)
Preferred stock outstanding, beginning balance (in shares) at Dec. 31, 2025       513,250              
Common stock, outstanding, beginning balance (in shares) at Dec. 31, 2025     477,321     150,039,018 477,321 5,017,064      
Stockholders' Equity Disclosure [Rollforward]                      
Shares repurchased under Stock Repurchase Program (in shares)     (1,000,000)                
Preferred stock outstanding, ending balance (in shares) at Jun. 30, 2026       513,250              
Common stock, issued, ending balance (in shares) at Jun. 30, 2026     477,321     157,955,199 477,321 0      
Common stock, issued, ending balance (in shares) at Jun. 30, 2026     477,321                
Beginning Period Balance at Mar. 31, 2026 3,553,326     $ 498,516   $ 1,538 $ 5 $ 0 3,501,213 (180,011) (267,935)
Stockholders' Equity Disclosure [Rollforward]                      
Net earnings (241,347)                 (241,347)  
Other comprehensive income, net of tax 123,725                   123,725
Restricted stock awarded and earned stock compensation, net of shares forfeited 4,196         1     4,195    
Restricted stock surrendered (660)               (660)    
Share purchased under dividend reinvestment plan 99               99    
Warrants exercised 0         41     (41)    
Shares repurchased under Stock Repurchase Program including excise tax 109               109    
Cash dividends paid: Preferred stock (9,947)                 (9,947)  
Cash dividends paid: Common stock (19,355)               (19,355)    
Ending Period Balance at Jun. 30, 2026 $ 3,410,146     $ 498,516   $ 1,580 $ 5 $ 0 $ 3,485,560 $ (431,305) $ (144,210)
Preferred stock outstanding, beginning balance (in shares) at Mar. 31, 2026       513,250              
Common stock, outstanding, beginning balance (in shares) at Mar. 31, 2026           153,784,724 477,321 0      
Stockholders' Equity Disclosure [Rollforward]                      
Restricted stock awarded and earned stock compensation, net of shares forfeited (in shares)           105,265          
Restricted stock surrendered (in shares)           (34,634)          
Shares purchased under Dividend Reinvestment Plan (in shares)           4,912          
Warrants exercised (in shares)           4,094,932          
Preferred stock outstanding, ending balance (in shares) at Jun. 30, 2026       513,250              
Common stock, issued, ending balance (in shares) at Jun. 30, 2026     477,321     157,955,199 477,321 0      
Common stock, issued, ending balance (in shares) at Jun. 30, 2026     477,321