v3.26.3
STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2026
Stockholders' Equity Note [Abstract]  
Summary of Changes in Shareholders' Equity
A summary of changes in stockholders’ equity is presented below (in thousands):
Nine Months Ended September 30, 2026
(In thousands)
Number of
Shares
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Total
Balance at December 31, 202568,169 $682 $— $5,194,961 $5,195,643 
Net earnings— — — 55,309 55,309 
Stock-based compensation expense— — 5,860 — 5,860 
Issuance of stock349 3 (3)— — 
Dividends declared— — — (32,017)(32,017)
Share repurchases(1,816)(18)(5,857)(125,151)(131,026)
Balance at March 31, 202666,702 $667 $— $5,093,102 $5,093,769 
Net earnings— — — 90,630 90,630 
Stock-based compensation expense— — 5,822 — 5,822 
Dividends declared— — — (31,284)(31,284)
Share repurchases(1,528)(15)(5,822)(95,163)(101,000)
Balance at June 30, 202665,174 $652 $— $5,057,285 $5,057,937 
Net earnings— — — 67,784 67,784 
Stock-based compensation expense— — 5,106 — 5,106 
Issuance of stock6 — — — — 
Dividends declared— — — (30,923)(30,923)
Share repurchases(757)$(8)$(5,106)$(50,432)$(55,546)
Balance at September 30, 202664,423 $644 $— $5,043,714 $5,044,358 
Nine Months Ended September 30, 2025
(In thousands)
Number of
Shares
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Total
Balance at December 31, 202471,922 $360 $143,036 $4,998,177 $5,141,573 
Stock Split on January 2, 2025— 360 (360)— — 
Net earnings— — — 122,806 122,806 
Stock-based compensation expense— — 6,325 — 6,325 
Issuance of stock514 5 (5)— — 
Dividends declared— — — (30,887)(30,887)
Share repurchases(605)(7)(45,066)— (45,073)
Balance at March 31, 202571,831 $718 $103,930 $5,090,096 $5,194,744 
Net earnings— — — 146,879 146,879 
Stock-based compensation expense— — 3,597 — 3,597 
Dividends declared— — — (30,597)(30,597)
Share repurchases(674)(6)(45,443)— (45,449)
Balance at June 30, 202571,157 $712 $62,084 $5,206,378 $5,269,174 
Net earnings— — — 99,297 99,297 
Stock-based compensation expense— — 4,858 — 4,858 
Issuance of stock22 — — — — 
Dividends declared— — — (30,275)(30,275)
Share repurchases(772)$(8)$(55,526)$— $(55,534)
Balance at September 30, 202570,407 $704 $11,416 $5,275,400 $5,287,520