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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Class A Common Stock
Preferred Stock
Common Stock
Class A Common Stock
Common Stock
Class B Non‑Voting Common Stock
Paid‑in Capital
Retained Earnings
Retained Earnings
Class A Common Stock
Accumulated Other Comprehensive Income/(Loss)
Beginning balance (in shares) at Dec. 31, 2020     10,000,000 113,852,896 0        
Beginning balance at Dec. 31, 2020 $ 6,072,341   $ 100 $ 1,139 $ 0 $ 2,793,178 $ 3,277,599   $ 325
Increase (Decrease) in Shareholders' Equity                  
Issuance of preferred stock (in shares)     300,000            
Issuance of preferred stock 295,449   $ 3     295,446      
Issuance of common stock upon exercise of options and vesting of restricted stock units (in shares)       425,232          
Issuance of common stock upon vesting of restricted stock units 1,441     $ 4   1,437      
Stock-based compensation expense 5,408         5,408      
Cash dividends   $ (18,259)           $ (18,259)  
Preferred dividends (3,844)           (3,844)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (1,247)               (1,247)
Tax withholdings on stock-based compensation (in shares)       (157,266)          
Tax withholdings on stock-based compensation (7,169)     $ (2)   (7,167)      
Net income (loss) 84,092           84,092    
Ending balance (in shares) at Mar. 31, 2021     10,300,000 114,120,862 0        
Ending balance at Mar. 31, 2021 6,428,212   $ 103 $ 1,141 $ 0 3,088,302 3,339,588   (922)
Beginning balance (in shares) at Dec. 31, 2020     10,000,000 113,852,896 0        
Beginning balance at Dec. 31, 2020 6,072,341   $ 100 $ 1,139 $ 0 2,793,178 3,277,599   325
Increase (Decrease) in Shareholders' Equity                  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (1,474)                
Net income (loss) 177,514                
Ending balance (in shares) at Jun. 30, 2021     10,300,000 114,141,103 0        
Ending balance at Jun. 30, 2021 6,501,715   $ 103 $ 1,141 $ 0 3,094,708 3,406,912   (1,149)
Beginning balance (in shares) at Mar. 31, 2021     10,300,000 114,120,862 0        
Beginning balance at Mar. 31, 2021 6,428,212   $ 103 $ 1,141 $ 0 3,088,302 3,339,588   (922)
Increase (Decrease) in Shareholders' Equity                  
Issuance of preferred stock (in shares)     0            
Issuance of preferred stock (19)   $ 0     (19)      
Issuance of common stock upon exercise of options and vesting of restricted stock units (in shares)       25,956          
Issuance of common stock upon vesting of restricted stock units 0     $ 0   0      
Stock-based compensation expense 6,700         6,700      
Cash dividends   (18,263)           (18,263)  
Preferred dividends (7,835)           (7,835)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (227)               (227)
Tax withholdings on stock-based compensation (in shares)       (5,715)          
Tax withholdings on stock-based compensation (275)     $ 0   (275)      
Net income (loss) 93,422           93,422    
Ending balance (in shares) at Jun. 30, 2021     10,300,000 114,141,103 0        
Ending balance at Jun. 30, 2021 6,501,715   $ 103 $ 1,141 $ 0 3,094,708 3,406,912   (1,149)
Beginning balance (in shares) at Dec. 31, 2021     10,600,000 113,987,154 0        
Beginning balance at Dec. 31, 2021 7,008,568   $ 106 $ 1,140 $ 0 3,399,245 3,609,885   (1,808)
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon exercise of options and vesting of restricted stock units (in shares)       477,656          
Issuance of common stock upon vesting of restricted stock units 2     $ 5   (3)      
Common stock repurchased (in shares)       (2,959,458)          
Common stock repurchased (129,549)     $ (30)   (129,519)      
Stock-based compensation expense (2,523)         (2,523)      
Cash dividends   $ (21,136)           (21,136)  
Preferred dividends (10,425)           (10,425)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax 1,738               1,738
Tax withholdings on stock-based compensation (in shares)       (188,093)          
Tax withholdings on stock-based compensation (8,097)     $ (2)   (8,095)      
Net income (loss) (468,993)           (468,993)    
Ending balance (in shares) at Mar. 31, 2022     10,600,000 111,317,259 0        
Ending balance at Mar. 31, 2022 6,369,585   $ 106 $ 1,113 $ 0 3,259,105 3,109,331   (70)
Beginning balance (in shares) at Dec. 31, 2021     10,600,000 113,987,154 0        
Beginning balance at Dec. 31, 2021 7,008,568   $ 106 $ 1,140 $ 0 3,399,245 3,609,885   (1,808)
Increase (Decrease) in Shareholders' Equity                  
Common stock repurchased (in shares)   (3,420,874)              
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax 1,272                
Net income (loss) (352,716)                
Ending balance (in shares) at Jun. 30, 2022     10,600,000 110,892,097 0        
Ending balance at Jun. 30, 2022 6,439,634   $ 106 $ 1,109 $ 0 3,244,282 3,194,672   (535)
Beginning balance (in shares) at Mar. 31, 2022     10,600,000 111,317,259 0        
Beginning balance at Mar. 31, 2022 6,369,585   $ 106 $ 1,113 $ 0 3,259,105 3,109,331   (70)
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon exercise of options and vesting of restricted stock units (in shares)       59,603          
Issuance of common stock upon vesting of restricted stock units 0                
Common stock repurchased (in shares)   (461,416)   (461,416)          
Common stock repurchased (20,454)     $ (4)   (20,450)      
Stock-based compensation expense 6,558         6,558      
Cash dividends   $ (20,511)           $ (20,511)  
Preferred dividends (10,425)           (10,425)    
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (465)               (465)
Tax withholdings on stock-based compensation (in shares)       (23,349)          
Tax withholdings on stock-based compensation (931)         (931)      
Net income (loss) 116,277           116,277    
Ending balance (in shares) at Jun. 30, 2022     10,600,000 110,892,097 0        
Ending balance at Jun. 30, 2022 $ 6,439,634   $ 106 $ 1,109 $ 0 $ 3,244,282 $ 3,194,672   $ (535)