Equity (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Changes in Total Common Stockholders' Equity

The Company’s changes in total equity for the three months ended March 31, 2026 and 2025 were as follows:


	Three Months Ended March 31, 2026
	Common Stock			Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Noncontrolling Interest		Total Equity

	Shares	Amount
	(In thousands)
Balance at January 1, 2026	59,638	$	596	$	973,454	$	729,276	$	(13,922)	$	2,571	$	1,691,975
Net income	—	—		—		4,037		—		—		4,037
Issuance of common stock	233	3		7,515		—		—		—		7,518
Repurchase of common stock	(18)	—		(823)		—		—		—		(823)
Dividends paid on common stock ($0.335 per share)	—	—		—		(19,980)		—		—		(19,980)
Other comprehensive income, net of tax (a)	—	—		—		—		385		—		385
Investment in business with noncontrolling interest	—	—		(33)		—		—		33		—

Balance at March 31, 2026	59,853	$	599	$	980,113	$	713,333	$	(13,537)	$	2,604	$	1,683,112


	Three Months Ended March 31, 2025
	Common Stock			Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss		Noncontrolling Interest		Total Equity

	Shares	Amount
	(In thousands)
Balance at January 1, 2025	59,484	$	595	$	966,975	$	674,918	$	(7,217)	$	3,015	$	1,638,286
Net income (loss)	—	—		—		13,331		—		(129)		13,202
Issuance of common stock	110	1		2,133		—		—		—		2,134
Repurchase of common stock	(24)	—		(1,109)		—		—		—		(1,109)
Dividends paid on common stock ($0.34 per share)	—	—		—		(20,226)		—		—		(20,226)

Other comprehensive income, net of tax (a)	—	—		—		—		154		—		154
Investment in business with noncontrolling interest	—	—		(310)		—		—		310		—
Distribution to noncontrolling interest	—	—		—		—		—		(452)		(452)
Balance at March 31, 2025	59,570	$	596	$	967,689	$	668,023	$	(7,063)	$	2,744	$	1,631,989

(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.