v3.26.3
Equity (Tables)
9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Schedule of Changes in Total Common Stockholders' Equity
The Company’s changes in total equity for the three and nine months ended September 30, 2026 and 2025 were as follows:
Three Months Ended September 30, 2026
Common StockAdditional
Paid-in
Capital
Retained
Earnings
Accumulated Other Comprehensive LossNoncontrolling InterestTotal Equity
SharesAmount
(In thousands)
Balance at June 30, 202661,839 $618 $1,070,262 $749,745 $(13,152)$2,619 $1,810,092 
Net income (loss)— — — 65,408 — (12)65,396 
Issuance of common stock1,041 11 51,756 — — — 51,767 
Repurchase of common stock(3)— (141)— — — (141)
Dividends paid on common stock ($0.335 per share)
— — — (20,969)— — (20,969)
Other comprehensive income, net of tax (a)— — — — 384 — 384 
Investment in business with noncontrolling interest
— — (32)— — 32 — 
Balance at September 30, 202662,877 $629 $1,121,845 $794,184 $(12,768)$2,639 $1,906,529 
Nine Months Ended September 30, 2026
Common StockAdditional
Paid-in
Capital
Retained
Earnings
Accumulated Other Comprehensive LossNoncontrolling InterestTotal Equity
SharesAmount
(In thousands)
Balance at January 1, 202659,638 $596 $973,454 $729,276 $(13,922)$2,571 $1,691,975 
Net income (loss)— — — 125,910 — (24)125,886 
Issuance of common stock3,263 33 149,575 — — — 149,608 
Repurchase of common stock(24)— (1,092)— — — (1,092)
Dividends paid on common stock ($1.005 per share)
— — — (61,002)— — (61,002)
Other comprehensive income, net of tax (a)— — — — 1,154 — 1,154 
Investment in business with noncontrolling interest
— — (92)— — 92 — 
Balance at September 30, 202662,877 $629 $1,121,845 $794,184 $(12,768)$2,639 $1,906,529 
Three Months Ended September 30, 2025
Common StockAdditional
Paid-in
Capital
Retained
Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Total Equity
SharesAmount
(In thousands)
Balance at June 30, 202559,581 $596 $968,820 $692,319 $(6,909)$2,443 $1,657,269 
Net income (loss)— — — 61,230 — (114)61,116 
Issuance of common stock12 — 2,344 — — — 2,344 
Repurchase of common stock(2)— (112)— — — (112)
Dividends paid on common stock ($0.300 per share)
— — — (17,876)— — (17,876)
Other comprehensive income, net of tax (a)— — — — 154 — 154 
Investment in business with noncontrolling interest
— — (92)— — 92 — 
Balance at September 30, 202559,591 $596 $970,960 $735,673 $(6,755)$2,421 $1,702,895 
Nine Months Ended September 30, 2025
Common StockAdditional
Paid-in
Capital
Retained
Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Total Equity
SharesAmount
(In thousands)
Balance at January 1, 202559,484 $595 $966,975 $674,918 $(7,217)$3,015 $1,638,286 
Net income (loss)— — — 116,729 — (361)116,368 
Issuance of common stock136 1 5,869 — — — 5,870 
Repurchase of common stock(29)— (1,326)— — — (1,326)
Dividends paid on common stock ($0.940 per share)
— — — (55,974)— — (55,974)
Other comprehensive income, net of tax (a)— — — — 462 — 462 
Investment in business with noncontrolling interest
— — (558)— — 558 — 
Distribution to noncontrolling interest— — — — — (791)(791)
Balance at September 30, 202559,591 $596 $970,960 $735,673 $(6,755)$2,421 $1,702,895 
(a) This accumulated other comprehensive loss component is included in the computation of net periodic benefit costs for the Company’s supplemental executive retirement plan (SERP), specifically the following components: amortization of unrecognized (gain) loss and amortization of prior service credit.