Employee Benefits (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Components of Net Pension Expense

The components of net pension expense for the plans for the periods indicated are as follows:

	Three Months Ended March 31,
	2025		2024
	(In thousands)
Components of net periodic benefit cost:
Service cost	$	5,733	$	5,589
Interest cost	5,365		4,630
Expected return on plan assets	(9,495)		(8,453)
Prior service credit	(2,495)		(2,488)
Recognized net actuarial loss	925		1,775
Net periodic benefit cost	$	33	$	1,053

Schedule of Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity

The following table summarizes the Company’s restricted stock award activity for the periods indicated:

	For the Three Months Ended March 31,
	2025			2024
Restricted Stock Awards	Number of Shares	Weighted-Average Grant Price Per Share		Number of Shares	Weighted-Average Grant Price Per Share
Non-vested restricted stock as of the beginning of the respective period	316,945	$	18.02	420,400	$	19.15
Granted	—	—		—	—
Vested	(22,103)	14.87		—	—
Forfeited	(2,983)	14.87		—	—
Non-vested restricted stock as of the end of the respective period	291,859	$	18.29	420,400	$	19.15

The following table summarizes the Company’s restricted stock unit activity for the periods indicated:

	For the Three Months Ended March 31,
	2025			2024
Restricted Stock Units	Number of Shares	Weighted-Average Grant Price Per Share		Number of Shares	Weighted-Average Grant Price Per Share
Non-vested restricted stock units as of the beginning of the respective period	1,356,522	$	16.55	952,001	$	19.46
Granted	630,493	17.73		416,276	12.81
Vested	(458,079)	17.15		(303,015)	19.38
Forfeited	(12,786)	14.36		(4,980)	14.59
Non-vested restricted stock units as of the end of the respective period	1,516,150	$	16.88	1,060,282	$	16.89

The following table summarizes the Company’s performance stock unit activity for the periods indicated:

	For the Three Months Ended March 31,
	2025			2024
Performance Stock Units	Number of Shares	Weighted-Average Grant Price Per Share		Number of Shares	Weighted-Average Grant Price Per Share
Non-vested performance stock units as of the beginning of the respective period	969,739	$	16.63	633,034	$	19.40
Granted	339,503	18.79		234,091	10.82
Vested	(408,629)	20.96		—	—
Forfeited	(277,149)	20.63		—	—
Non-vested performance stock units as of the end of the respective period	623,464	$	13.19	867,125	$	17.08

Schedule of Share-based Compensation Expense Under the 2021 Plan and the Related Tax Benefit

The following table shows share-based compensation expense under the 2021 Plan and the related tax benefit for the periods indicated:

	Three Months Ended March 31,
	2025		2024
	(In millions)
Share-based compensation expense	$	4.8	$	3.6
Related tax benefit (1)	1.3		1.0

(1)Estimated based upon the Company’s statutory rate for each respective period.