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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
shares in Thousands, $ in Thousands
Common shares
Capital in Excess of Par Value
Accumulated Other Comprehensive Income
Retained Earnings (Accumulated Loss)
Treasury Shares
Non-controlling Interest
Total
Beginning Balance at Dec. 31, 2022 $ 525 $ 3,536,373 $ (11,038) $ (1,841,153) $ (1,315,751) $ 167,835 $ 536,791
Beginning Balance (in shares) at Dec. 31, 2022 10,505            
Increase (Decrease) in Equity              
Net income (loss)       (11,784)   61,688 49,904 [1]
IPO warrants to SPAC public shareholders           3,426 3,426
Other comprehensive income (loss), net of tax     206       206
Share-based compensation $ 8 15,839         15,847
Share-based compensation (in shares) 101            
Noncontrolling interest contributions (distributions)           5,237 5,237
Deemed dividends to SPAC public shareholders       (8,638)   (22,790) (31,428)
Accrued distribution on redeemable noncontrolling interest in subsidiary       (29,824)     (29,824)
Other $ (6) (13,316)   5,173     (8,149)
Other (in shares) (50)            
Issuance of treasury shares, net of tax (in shares)         0    
Ending Balance at Dec. 31, 2023 $ 527 3,538,896 (10,832) (1,886,226) $ (1,315,751) 215,396 542,010
Ending Balance (in shares) at Dec. 31, 2023 10,556            
Increase (Decrease) in Equity              
Net income (loss)       (176,084)   88,097 (87,987) [1]
Other comprehensive income (loss), net of tax     418       418
Share-based compensation $ 9 16,501         16,510
Share-based compensation (in shares) 137            
Noncontrolling interest contributions (distributions)           (17,242) (17,242)
Accrued distribution on redeemable noncontrolling interest in subsidiary       (29,723)     (29,723)
Other $ (3) (2,641)   (95)     (2,739)
Other (in shares) 32            
Issuance of treasury shares, net of tax (in shares)         0    
Ending Balance at Dec. 31, 2024 $ 533 3,552,756 (10,414) (2,092,128) $ (1,315,751) 286,251 421,247
Ending Balance (in shares) at Dec. 31, 2024 10,661            
Increase (Decrease) in Equity              
Net income (loss)       286,624   87,809 374,433 [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     17       17
Share-based compensation $ 16 23,383         23,399
Share-based compensation (in shares) 313            
Noncontrolling interest contributions (distributions)           (9,590) (9,590)
Accrued distribution on redeemable noncontrolling interest in subsidiary       (29,136)     (29,136)
Other $ (3) (3,276)   (1,874)     (5,153)
Other (in shares) 71            
Issuance of treasury shares, net of tax (in shares)         0    
Ending Balance at Dec. 31, 2025 $ 785 $ 3,752,604 $ (10,397) $ (1,836,514) $ (1,315,751) $ 364,470 $ 955,197
Ending Balance (in shares) at Dec. 31, 2025 15,703            
[1] The consolidated income statements include operating activities of consolidated joint ventures. See Note 12—Joint Ventures for additional information.