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Capital Stock (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Common Stock Activity
Common stock activity is summarized as follows:
Three Months Ended June 30, 2024Three Months Ended June 30, 2023
(In thousands)Common
Stock
Treasury
Cost(a)
Common
Stock
Treasury
Cost(a)
Balance at beginning of period$315,241 $(365,999)$287,009 $(362,280)
Stock compensation expense5,042 — 6,759 — 
Restricted and performance stock awards(348)348 (190)190 
Stock options exercised47 27 354 184 
Treasury shares purchased for stock compensation programs— (992)— (184)
Employee stock purchase program574 60 432 65 
Share repurchase program— (10,000)— — 
Balance at end of period$320,556 $(376,556)$294,364 $(362,025)
(a)Excludes treasury cost related to preferred stock.
Six Months Ended June 30, 2024Six Months Ended June 30, 2023
(In thousands)Common
Stock
Treasury
Cost(a)
Common
Stock
Treasury
Cost(a)
Balance at beginning of period$312,324 $(361,684)$281,980 $(359,838)
Stock compensation expense9,229 — 13,029 — 
Restricted and performance stock awards(1,783)1,783 (1,434)1,434 
Stock options exercised212 114 357 185 
Treasury shares purchased for stock compensation programs— (6,829)— (3,871)
Employee stock purchase program574 60 432 65 
Share repurchase program— (10,000)— — 
Balance at end of period$320,556 $(376,556)$294,364 $(362,025)
(a)Excludes treasury cost related to preferred stock.