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Consolidated Statements of Changes in Shareholders' Equity
$ in Thousands
USD ($)
Share capital
USD ($)
shares
Additional paid-in capital
USD ($)
Treasury shares
USD ($)
shares
Retained earnings
USD ($)
Beginning balance (in shares) at Dec. 31, 2022 | shares   61,262,838      
Beginning balance at Dec. 31, 2022 $ 2,506,808 $ 727 $ 3,049,732 $ (641,545) $ 97,894
Net income for the period 546,898       546,898
Issuance of restricted stock, net of forfeitures (in shares) | shares   1,805,250      
Issuance of restricted stock, net of forfeitures 0 $ 18 (18)    
Equity settled share based compensation expense 47,340   47,340    
Purchase of treasury shares (in shares) | shares   (9,960,323)      
Purchase of treasury shares (489,680)     (489,680)  
Dividends paid [1] (57,660)       (57,660)
Ending balance (in shares) at Dec. 31, 2023 | shares   53,107,765      
Ending balance at Dec. 31, 2023 2,553,706 $ 745 3,097,054 (1,131,225) 587,132
Net income for the period 668,774       668,774
Issuance of restricted stock, net of forfeitures (in shares) | shares   1,468,466      
Issuance of restricted stock, net of forfeitures 0 $ 15 (15)    
Equity settled share based compensation expense 62,509   62,509    
Purchase of treasury shares (in shares) | shares   (4,653,189)      
Purchase of treasury shares (335,593)     $ (335,593)  
Dividends paid [1] (83,515)       (83,515)
Ending balance (in shares) at Dec. 31, 2024 | shares   49,923,042   26,042,709  
Ending balance at Dec. 31, 2024 2,865,881 $ 760 3,159,548 $ (1,466,818) 1,172,391
Net income for the period 344,292       344,292
Issuance of restricted stock, net of forfeitures (in shares) | shares   1,846,248      
Issuance of restricted stock, net of forfeitures 0 $ 18 (18)    
Equity settled share based compensation expense 71,654   71,654    
Purchase of treasury shares (in shares) | shares   (6,500)      
Purchase of treasury shares (309)     $ (309)  
Dividends paid [1] (82,520)       (82,520)
Ending balance (in shares) at Dec. 31, 2025 | shares   51,762,790   26,049,209  
Ending balance at Dec. 31, 2025 $ 3,198,998 $ 778 $ 3,231,184 $ (1,467,127) $ 1,434,163
[1] The Company's policy is to distribute dividends from available retained earnings first and then from additional paid in capital.