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Consolidated Statements of Shareholders’ Equity (unaudited) - USD ($)
$ in Thousands
Total
Cumulative effect of change in accounting principle for ASU 2022-02
Common Stock
Capital Surplus
Retained Earnings
Retained Earnings
Cumulative effect of change in accounting principle for ASU 2022-02
Accumulated Other Comprehensive Loss, Net of Tax
Treasury Stock
Balance at beginning of period (in shares) at Dec. 31, 2022     72,263,727          
Balance at beginning of period at Dec. 31, 2022 $ 3,197,400 $ 1,277 $ 72,264 $ 1,935,211 $ 1,311,258 $ 1,277 $ (46,507) $ (74,826)
Balance at beginning of period (in shares) at Dec. 31, 2022               2,894,677
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of restricted shares (in shares)     133,430          
Issuance of restricted shares 0   $ 134 (134)        
Issuance of common shares pursuant to PSU agreements (in shares)     102,973          
Issuance of common shares pursuant to PSU agreements 0   $ 103 (103)        
Forfeitures of restricted shares (in shares)     (2,083)          
Forfeitures of restricted shares (33)   $ (3) (30)        
Proceeds from exercise of stock options (in shares)     16,000          
Proceeds from exercise of stock options 476   $ 16 460        
Share-based compensation 7,448     7,448        
Purchase of treasury shares (in shares)               480,909
Purchase of treasury shares (17,077)             $ (17,077)
Net income 203,171       203,171      
Dividends on common shares (31,282)       (31,282)      
Other comprehensive income (loss) during the period (14,311)           (14,311)  
Balance at end of period (in shares) at Sep. 30, 2023     72,514,047          
Balance at end of period at Sep. 30, 2023 3,347,069   $ 72,514 1,942,852 1,484,424   (60,818) $ (91,903)
Balance at end of period (in shares) at Sep. 30, 2023               3,375,586
Balance at beginning of period (in shares) at Jun. 30, 2023     72,514,630          
Balance at beginning of period at Jun. 30, 2023 3,284,630   $ 72,515 1,939,865 1,414,742   (50,618) $ (91,874)
Balance at beginning of period (in shares) at Jun. 30, 2023               3,374,847
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of restricted shares (in shares)     1,500          
Issuance of restricted shares 0   $ 2 (2)        
Forfeitures of restricted shares (in shares)     (2,083)          
Forfeitures of restricted shares (33)   $ (3) (30)        
Share-based compensation 3,019     3,019        
Purchase of treasury shares (in shares)               739
Purchase of treasury shares (29)             $ (29)
Net income 80,115       80,115      
Dividends on common shares (10,433)       (10,433)      
Other comprehensive income (loss) during the period (10,200)           (10,200)  
Balance at end of period (in shares) at Sep. 30, 2023     72,514,047          
Balance at end of period at Sep. 30, 2023 $ 3,347,069   $ 72,514 1,942,852 1,484,424   (60,818) $ (91,903)
Balance at end of period (in shares) at Sep. 30, 2023               3,375,586
Balance at beginning of period (in shares) at Dec. 31, 2023 72,516,079   72,516,079          
Balance at beginning of period at Dec. 31, 2023 $ 3,426,747   $ 72,516 1,945,385 1,539,957   (35,939) $ (95,172)
Balance at beginning of period (in shares) at Dec. 31, 2023 3,462,738             3,462,738
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of restricted shares (in shares)     128,391          
Issuance of restricted shares $ 0   $ 129 (129)        
Issuance of common shares pursuant to PSU agreements (in shares)     63,301          
Issuance of common shares pursuant to PSU agreements 0   $ 63 (63)        
Forfeitures of restricted shares (in shares)     (10,116)          
Forfeitures of restricted shares (224)   $ (10) (214)        
Share-based compensation 9,553     9,553        
Purchase of treasury shares (in shares)               167,898
Purchase of treasury shares (7,955)             $ (7,955)
Net income 264,309       264,309      
Dividends on common shares (31,277)       (31,277)      
Other comprehensive income (loss) during the period $ 20,215           20,215  
Balance at end of period (in shares) at Sep. 30, 2024 72,697,655   72,697,655          
Balance at end of period at Sep. 30, 2024 $ 3,681,368   $ 72,698 1,954,532 1,772,989   (15,724) $ (103,127)
Balance at end of period (in shares) at Sep. 30, 2024 3,630,636             3,630,636
Balance at beginning of period (in shares) at Jun. 30, 2024     72,697,209          
Balance at beginning of period at Jun. 30, 2024 $ 3,566,614   $ 72,697 1,950,846 1,684,218   (38,020) $ (103,127)
Balance at beginning of period (in shares) at Jun. 30, 2024               3,630,636
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of restricted shares (in shares)     2,559          
Issuance of restricted shares 0   $ 3 (3)        
Forfeitures of restricted shares (in shares)     (2,113)          
Forfeitures of restricted shares (43)   $ (2) (41)        
Share-based compensation 3,730     3,730        
Purchase of treasury shares 0              
Net income 99,212       99,212      
Dividends on common shares (10,441)       (10,441)      
Other comprehensive income (loss) during the period $ 22,296           22,296  
Balance at end of period (in shares) at Sep. 30, 2024 72,697,655   72,697,655          
Balance at end of period at Sep. 30, 2024 $ 3,681,368   $ 72,698 $ 1,954,532 $ 1,772,989   $ (15,724) $ (103,127)
Balance at end of period (in shares) at Sep. 30, 2024 3,630,636             3,630,636