v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common shares
Capital in Excess of Par Value
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Accumulated Loss)
Treasury Shares
Non-controlling Interest
Total
Beginning Balance at Dec. 31, 2024 $ 533 $ 3,552,756 $ (10,414) $ (2,092,128) $ (1,315,751) $ 286,251 $ 421,247
Beginning Balance (in shares) at Dec. 31, 2024 10,661            
Increase (Decrease) in Equity              
Net income (loss)       276,276   81,164 357,440 [1]
Share issuance related to Parker acquisition $ 239 179,741         179,980
Share issuance related to Parker acquisition, shares 4,800            
Other comprehensive income (loss), net of tax     (548)       (548)
Share-based compensation $ 16 14,623         14,639
Share-based compensation (in shares) 328            
Noncontrolling interest contributions (distributions)           (8,282) (8,282)
Accrued distribution on redeemable noncontrolling interest in subsidiary       (21,792)     (21,792)
Other $ (1) (2,150)   (1,624)     (3,775)
Other (in shares) (71)            
Ending Balance at Sep. 30, 2025 $ 787 3,744,970 (10,962) (1,839,268) (1,315,751) 359,133 938,909
Ending Balance (in shares) at Sep. 30, 2025 15,718            
Beginning Balance at Jun. 30, 2025 $ 787 3,738,989 (10,668) (2,105,373) (1,315,751) 332,344 640,328
Beginning Balance (in shares) at Jun. 30, 2025 15,733            
Increase (Decrease) in Equity              
Net income (loss)       274,198   28,268 302,466 [1]
Other comprehensive income (loss), net of tax     (294)       (294)
Share-based compensation   5,981         5,981
Share-based compensation (in shares) 11            
Noncontrolling interest contributions (distributions)           (1,479) (1,479)
Accrued distribution on redeemable noncontrolling interest in subsidiary       (7,344)     (7,344)
Other       (749)     (749)
Other (in shares) (26)            
Ending Balance at Sep. 30, 2025 $ 787 3,744,970 (10,962) (1,839,268) (1,315,751) 359,133 938,909
Ending Balance (in shares) at Sep. 30, 2025 15,718            
Beginning Balance at Dec. 31, 2025 $ 785 3,752,604 (10,397) (1,836,514) (1,315,751) 364,470 955,197
Beginning Balance (in shares) at Dec. 31, 2025 15,703            
Increase (Decrease) in Equity              
Net income (loss)       (48,661)   67,384 18,723 [1]
Other comprehensive income (loss), net of tax     (583)       (583)
Share issuance $ 20 34,980         35,000
Share issuance (in shares) 392            
Share-based compensation $ 16 13,335         13,351
Share-based compensation (in shares) 313            
Noncontrolling interest contributions (distributions)           (5,216) (5,216)
Accrued distribution on redeemable noncontrolling interest in subsidiary       (20,272)     (20,272)
Other $ (3) (3,641)   (6)     (3,650)
Other (in shares) (58)            
Ending Balance at Sep. 30, 2026 $ 818 3,797,278 (10,980) (1,905,453) (1,315,751) 426,638 992,550
Ending Balance (in shares) at Sep. 30, 2026 16,350            
Beginning Balance at Jun. 30, 2026 $ 798 3,757,860 (11,323) (1,887,456) (1,315,751) 401,864 945,992
Beginning Balance (in shares) at Jun. 30, 2026 15,962            
Increase (Decrease) in Equity              
Net income (loss)       (11,165)   27,149 15,984 [1]
Other comprehensive income (loss), net of tax     343       343
Share issuance $ 20 34,980         35,000
Share issuance (in shares) 392            
Share-based compensation   4,469         4,469
Share-based compensation (in shares) 4            
Noncontrolling interest contributions (distributions)           (2,375) (2,375)
Accrued distribution on redeemable noncontrolling interest in subsidiary       (6,832)     (6,832)
Other   (31)         (31)
Ending Balance at Sep. 30, 2026 $ 818 $ 3,797,278 $ (10,980) $ (1,905,453) $ (1,315,751) $ 426,638 $ 992,550
Ending Balance (in shares) at Sep. 30, 2026 16,350            
[1] The condensed consolidated income statements include operating activities of consolidated joint ventures. See Note 4—Joint Ventures for additional information.