v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Class A and Class B Common Stock
Retained Earnings
Securities
Defined Benefit Obligations
Common Class A
Common Class A
Retained Earnings
Common Class B
Common Class B
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2024   201,999,328              
Beginning balance at Dec. 31, 2024 $ 2,301,868 $ 2,122,117 $ 239,517 $ (64,058) $ 4,292        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 86,276   86,276            
Other comprehensive income (loss), net of tax 28,216     28,113 103        
Common stock issued from stock awards, net (in shares)   16,504              
Common stock issued from stock awards, net 257 $ 257              
Cash dividends declared 0         $ 0   $ 0  
Ending balance (in shares) at Jun. 30, 2025   202,015,832              
Ending balance at Jun. 30, 2025 2,416,617 $ 2,122,374 325,793 (35,945) 4,395        
Beginning balance (in shares) at Mar. 31, 2025   201,999,328              
Beginning balance at Mar. 31, 2025 2,374,090 $ 2,122,117 283,308 (35,679) 4,344        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 42,485   42,485            
Other comprehensive income (loss), net of tax (215)     (266) 51        
Common stock issued from stock awards, net (in shares)   16,504              
Common stock issued from stock awards, net 257 $ 257              
Cash dividends declared 0         $ 0   $ 0  
Ending balance (in shares) at Jun. 30, 2025   202,015,832              
Ending balance at Jun. 30, 2025 2,416,617 $ 2,122,374 325,793 (35,945) 4,395        
Beginning balance (in shares) at Dec. 31, 2025   221,305,009       220,190,561   1,114,448  
Beginning balance at Dec. 31, 2025 2,862,375 $ 2,402,193 456,695 378 3,109        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 101,791   101,791            
Other comprehensive income (loss), net of tax (21,543)     (21,489) (54)        
Common stock issued from stock awards, net (in shares)   120,460              
Common stock issued from stock awards, net (937) $ (937)              
Share-based compensation expense 2,819 2,819              
Reinvested dividends on vested stock awards 0 $ 866 (866)            
Cash dividends declared (254,574)         $ (242,315) $ (242,315) $ (12,259) $ (12,259)
Ending balance (in shares) at Jun. 30, 2026   221,425,469       220,311,021   1,114,448  
Ending balance at Jun. 30, 2026 2,689,931 $ 2,404,941 303,046 (21,111) 3,055        
Beginning balance (in shares) at Mar. 31, 2026   221,400,590              
Beginning balance at Mar. 31, 2026 2,791,392 $ 2,402,968 407,908 (22,566) 3,082        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 57,701   57,701            
Other comprehensive income (loss), net of tax 1,428     1,455 (27)        
Common stock issued from stock awards, net (in shares)   24,879              
Common stock issued from stock awards, net (65) $ (65)              
Share-based compensation expense 1,481 1,481              
Reinvested dividends on vested stock awards 0 $ 557 (557)            
Cash dividends declared (162,006)         $ (154,205) $ (154,205) $ (7,801) $ (7,801)
Ending balance (in shares) at Jun. 30, 2026   221,425,469       220,311,021   1,114,448  
Ending balance at Jun. 30, 2026 $ 2,689,931 $ 2,404,941 $ 303,046 $ (21,111) $ 3,055