v3.26.1
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Common Stock [Member]
Outside Directors [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Outside Directors [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Outside Directors [Member]
Retained Earnings [Member]
Outside Directors [Member]
Total
Balance (in shares) at Dec. 31, 2024   126,067            
Balance at Dec. 31, 2024   $ 13   $ 1,166,609   $ 435,834   $ 1,602,456
Compensation costs included in net income   0   177   0   177
Net income   $ 0   0   36,335   36,335
Balance (in shares) at Mar. 31, 2025   126,067            
Balance at Mar. 31, 2025   $ 13   1,166,786   466,595   1,633,394
Dividends declared   0   0   (5,043)   (5,043)
Dividend equivalents declared on outstanding stock options   $ 0   0   (531)   (531)
Balance (in shares) at Dec. 31, 2024   126,067            
Balance at Dec. 31, 2024   $ 13   1,166,609   435,834   1,602,456
Net income               62,511
Balance (in shares) at Jun. 30, 2025   126,132            
Balance at Jun. 30, 2025   $ 13   1,166,875   487,198   1,654,086
Balance (in shares) at Mar. 31, 2025   126,067            
Balance at Mar. 31, 2025   $ 13   1,166,786   466,595   1,633,394
Restricted shares issued to employees (in shares) 65              
Restricted shares issued to employees $ 0   $ 0   $ 0   $ 0  
Compensation costs included in net income   0   88   0   88
Net income   $ 0   0   26,176   26,176
Balance (in shares) at Jun. 30, 2025   126,132            
Balance at Jun. 30, 2025   $ 13   1,166,875   487,198   1,654,086
Dividends declared   0   0   (5,042)   (5,042)
Dividend equivalents declared on outstanding stock options   $ 0   0   (531)   (531)
Exercise of warrants (in shares)   0            
Exercise of warrants   $ 0   1   0   1
Balance (in shares) at Dec. 31, 2025   125,330            
Balance at Dec. 31, 2025   $ 13   1,162,007   432,549   1,594,569
Restricted shares issued to employees (in shares)   1,028            
Restricted shares issued to employees   $ 0   0   0   0
Compensation costs included in net income   0   865   0   865
Net income   $ 0   0   (127,448)   (127,448)
Balance (in shares) at Mar. 31, 2026   126,358            
Balance at Mar. 31, 2026   $ 13   1,162,872   305,101   1,467,986
Balance (in shares) at Dec. 31, 2025   125,330            
Balance at Dec. 31, 2025   $ 13   1,162,007   432,549   1,594,569
Net income               (45,173)
Balance (in shares) at Jun. 30, 2026   126,453            
Balance at Jun. 30, 2026   $ 13   1,163,740   387,376   1,551,129
Balance (in shares) at Mar. 31, 2026   126,358            
Balance at Mar. 31, 2026   $ 13   1,162,872   305,101   1,467,986
Restricted shares issued to employees (in shares)   95            
Restricted shares issued to employees   $ 0   0   0   0
Compensation costs included in net income   0   868   0   868
Net income   $ 0   0   82,275   82,275
Balance (in shares) at Jun. 30, 2026   126,453            
Balance at Jun. 30, 2026   $ 13   $ 1,163,740   $ 387,376   $ 1,551,129