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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Non‑Voting Common Stock
Preferred Stock
Common Stock
Class A Common Stock
Common Stock
Class B Non‑Voting Common Stock
Paid‑in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance, preferred stock (in shares) at Dec. 31, 2022       10,600,000          
Beginning balance at Dec. 31, 2022 $ 6,646,363     $ 106 $ 1,109 $ 0 $ 3,255,973 $ 3,386,820 $ 2,355
Beginning balance, common stock (in shares) at Dec. 31, 2022         110,892,097 0      
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon vesting of restricted stock units (in shares)         198,437        
Issuance of common stock upon vesting of restricted stock units 2       $ 2        
Stock-based compensation expense 5,896           5,896    
Cash dividends (22,203)             (22,203)  
Cash dividends (declared on preferred stock) (10,425)             (10,425)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (536)               (536)
Tax withholdings on stock-based compensation (in shares)         (75,116)        
Tax withholdings on stock based-compensation (3,231)       $ (1)   (3,230)    
Net income 128,720             128,720  
Ending balance, preferred stock (in shares) at Mar. 31, 2023       10,600,000          
Ending balance at Mar. 31, 2023 6,744,586     $ 106 $ 1,110 $ 0 3,258,639 3,482,912 1,819
Ending balance, common stock (in shares) at Mar. 31, 2023         111,015,418 0      
Beginning balance, preferred stock (in shares) at Dec. 31, 2022       10,600,000          
Beginning balance at Dec. 31, 2022 6,646,363     $ 106 $ 1,109 $ 0 3,255,973 3,386,820 2,355
Beginning balance, common stock (in shares) at Dec. 31, 2022         110,892,097 0      
Increase (Decrease) in Shareholders' Equity                  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (831)                
Net income 261,121                
Ending balance, preferred stock (in shares) at Jun. 30, 2023       10,600,000          
Ending balance at Jun. 30, 2023 6,852,653     $ 106 $ 1,110 $ 0 3,267,230 3,582,683 1,524
Ending balance, common stock (in shares) at Jun. 30, 2023         111,027,252 0      
Beginning balance, preferred stock (in shares) at Mar. 31, 2023       10,600,000          
Beginning balance at Mar. 31, 2023 6,744,586     $ 106 $ 1,110 $ 0 3,258,639 3,482,912 1,819
Beginning balance, common stock (in shares) at Mar. 31, 2023         111,015,418 0      
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon vesting of restricted stock units (in shares)         14,962        
Stock-based compensation expense 8,715           8,715    
Cash dividends (22,205)             (22,205)  
Cash dividends (declared on preferred stock) (10,425)             (10,425)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (295)               (295)
Tax withholdings on stock-based compensation (in shares)         (3,128)        
Tax withholdings on stock based-compensation (124)           (124)    
Net income 132,401             132,401  
Ending balance, preferred stock (in shares) at Jun. 30, 2023       10,600,000          
Ending balance at Jun. 30, 2023 $ 6,852,653     $ 106 $ 1,110 $ 0 3,267,230 3,582,683 1,524
Ending balance, common stock (in shares) at Jun. 30, 2023         111,027,252 0      
Beginning balance, preferred stock (in shares) at Dec. 31, 2023 10,600,000     10,600,000          
Beginning balance at Dec. 31, 2023 $ 7,160,038     $ 106 $ 1,110 $ 0 3,287,234 3,869,813 1,775
Beginning balance, common stock (in shares) at Dec. 31, 2023   111,027,252 0   111,027,252 0      
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon vesting of restricted stock units (in shares)         567,154        
Issuance of common stock upon vesting of restricted stock units 6       $ 6        
Stock-based compensation expense 8,275           8,275    
Cash dividends (23,387)             (23,387)  
Cash dividends (declared on preferred stock) (10,425)             (10,425)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (1,113)               (1,113)
Tax withholdings on stock-based compensation (in shares)         (227,905)        
Tax withholdings on stock based-compensation (9,389)       $ (2)   (9,387)    
Net income 107,866             107,866  
Ending balance, preferred stock (in shares) at Mar. 31, 2024       10,600,000          
Ending balance at Mar. 31, 2024 $ 7,231,871     $ 106 $ 1,114 $ 0 3,286,122 3,943,867 662
Ending balance, common stock (in shares) at Mar. 31, 2024         111,366,501 0      
Beginning balance, preferred stock (in shares) at Dec. 31, 2023 10,600,000     10,600,000          
Beginning balance at Dec. 31, 2023 $ 7,160,038     $ 106 $ 1,110 $ 0 3,287,234 3,869,813 1,775
Beginning balance, common stock (in shares) at Dec. 31, 2023   111,027,252 0   111,027,252 0      
Increase (Decrease) in Shareholders' Equity                  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (1,624)                
Net income $ 210,812                
Ending balance, preferred stock (in shares) at Jun. 30, 2024 10,600,000     10,600,000          
Ending balance at Jun. 30, 2024 $ 7,307,246     $ 106 $ 1,114 $ 0 3,294,959 4,010,916 151
Ending balance, common stock (in shares) at Jun. 30, 2024   111,376,884 0   111,376,884 0      
Beginning balance, preferred stock (in shares) at Mar. 31, 2024       10,600,000          
Beginning balance at Mar. 31, 2024 7,231,871     $ 106 $ 1,114 $ 0 3,286,122 3,943,867 662
Beginning balance, common stock (in shares) at Mar. 31, 2024         111,366,501 0      
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon vesting of restricted stock units (in shares)         10,383        
Stock-based compensation expense 8,837           8,837    
Cash dividends (23,389)             (23,389)  
Cash dividends (declared on preferred stock) (12,508)             (12,508)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (511)               (511)
Tax withholdings on stock based-compensation 0                
Net income $ 102,946             102,946  
Ending balance, preferred stock (in shares) at Jun. 30, 2024 10,600,000     10,600,000          
Ending balance at Jun. 30, 2024 $ 7,307,246     $ 106 $ 1,114 $ 0 $ 3,294,959 $ 4,010,916 $ 151
Ending balance, common stock (in shares) at Jun. 30, 2024   111,376,884 0   111,376,884 0