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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Income
Non- Controlling Interests
Balance, beginning of period (in shares) at Dec. 31, 2023   106,917,636          
Balance, beginning of period at Dec. 31, 2023 $ 5,332,286 $ 1 $ 3,068,597 $ (1,265,097) $ 3,510,544 $ 896 $ 17,345
Balance, beginning of period (in shares) at Dec. 31, 2023       54,211,879      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 642,547       640,856   1,691
Exercise of stock options and issuance of restricted stock units, net (shares) [1]   791,084          
Exercise of stock options and issuance of restricted stock units, net [1] $ (7,442)   (7,442)        
Repurchase of common stock (shares) 4,238,767 4,238,767 [2]   4,238,767 [2]      
Repurchase of common stock [2] $ (260,368)     $ (260,368)      
Stock compensation expense 17,016   17,016        
Distributions to non-controlling interests of consolidated joint ventures (577)           (577)
Balance, end of period at Sep. 30, 2024 5,723,462 $ 1 3,078,171 $ (1,525,465) 4,151,400 896 18,459
Balance, end of period (in shares) at Sep. 30, 2024   103,469,953          
Balance, end of period (in shares) at Sep. 30, 2024       58,450,646      
Balance, beginning of period (in shares) at Jun. 30, 2024   104,425,808          
Balance, beginning of period at Jun. 30, 2024 5,526,542 $ 1 3,070,721 $ (1,463,616) 3,900,274 896 18,266
Balance, beginning of period (in shares) at Jun. 30, 2024       57,407,167      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 251,472       251,126   346
Exercise of stock options and issuance of restricted stock units, net (shares) [3]   87,624          
Exercise of stock options and issuance of restricted stock units, net [3] $ 1,989   1,989        
Repurchase of common stock (shares) 1,043,479 1,043,479 [4]   1,043,479 [4]      
Repurchase of common stock [4] $ (61,849)     $ (61,849)      
Stock compensation expense 5,461   5,461        
Distributions to non-controlling interests of consolidated joint ventures (153)           (153)
Balance, end of period at Sep. 30, 2024 5,723,462 $ 1 3,078,171 $ (1,525,465) 4,151,400 896 18,459
Balance, end of period (in shares) at Sep. 30, 2024   103,469,953          
Balance, end of period (in shares) at Sep. 30, 2024       58,450,646      
Balance, beginning of period (in shares) at Dec. 31, 2024   102,241,978          
Balance, beginning of period at Dec. 31, 2024 5,878,180 $ 1 3,086,342 $ (1,616,170) 4,393,853 2,509 11,645
Balance, beginning of period (in shares) at Dec. 31, 2024       59,819,731      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 614,167       608,484   5,683
Exercise of stock options and issuance of restricted stock units, net (shares) [5]   719,924          
Exercise of stock options and issuance of restricted stock units, net [5] $ (936)   (936)        
Repurchase of common stock (shares) 5,250,964 5,250,964 [6]   5,250,964 [6]      
Repurchase of common stock [6] $ (312,291)     $ (312,291)      
Stock compensation expense 22,337   22,337        
Distributions to non-controlling interests of consolidated joint ventures (3,458)           (3,458)
Changes in non-controlling interests of consolidated joint ventures (484)           (484)
Balance, end of period at Sep. 30, 2025 6,197,515 $ 1 3,107,743 $ (1,928,461) 5,002,337 2,509 13,386
Balance, end of period (in shares) at Sep. 30, 2025   97,710,938          
Balance, end of period (in shares) at Sep. 30, 2025       65,070,695      
Balance, beginning of period (in shares) at Jun. 30, 2025   98,835,264          
Balance, beginning of period at Jun. 30, 2025 6,057,862 $ 1 3,097,120 $ (1,853,266) 4,800,896 2,509 10,602
Balance, beginning of period (in shares) at Jun. 30, 2025       63,793,162      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 204,451       201,441   3,010
Exercise of stock options and issuance of restricted stock units, net (shares) [7]   153,207          
Exercise of stock options and issuance of restricted stock units, net [7] $ 4,087   4,087        
Repurchase of common stock (shares) 1,277,533 1,277,533 [8]   1,277,533 [8]      
Repurchase of common stock [8] $ (75,195)     $ (75,195)      
Stock compensation expense 6,536   6,536        
Changes in non-controlling interests of consolidated joint ventures (226)           (226)
Balance, end of period at Sep. 30, 2025 $ 6,197,515 $ 1 $ 3,107,743 $ (1,928,461) $ 5,002,337 $ 2,509 $ 13,386
Balance, end of period (in shares) at Sep. 30, 2025   97,710,938          
Balance, end of period (in shares) at Sep. 30, 2025       65,070,695      
[1] Dollar amount includes $7.5 million of stock options exercised netted with the value of shares withheld for taxes on the issuance of restricted stock units.
[2] Dollar amount includes an incremental amount related to the 1% excise tax on share repurchases.
[3]
(1) Dollar amount includes $2.0 million of stock options exercised netted with the value of shares withheld for taxes on the issuance of restricted stock units.
(2) Dollar amount includes an incremental amount related to the 1% excise tax on share repurchases.
[4] Dollar amount includes an incremental amount related to the 1% excise tax on share repurchases.
[5] Dollar amount includes $10.0 million of stock options exercised netted with the value of shares withheld for taxes on the issuance of restricted stock units.
[6] Dollar amount includes an incremental amount related to the 1% excise tax on share repurchases.
[7] Dollar amount includes $4.1 million of stock options exercised netted with the value of shares withheld for taxes on the issuance of restricted stock units.
[8] Dollar amount includes an incremental amount related to the 1% excise tax on share repurchases.