XML 14 R7.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Statements Of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent
Treasury Stock [Member]
Balance, beginning of period at Dec. 31, 2022   $ 685,000 $ 16,749 $ 1,928,069 $ 3,169,095 $ (117,960) $ (352,482)
Net income $ 157,539       157,539    
Unit amortization, net of forfeitures       39,781      
Dividends declared, Common         (43,728)    
Dividends declared, Preferred         (9,320)    
Distributions under employee plans       (137,220) (63,773)   124,015
Issuance of preferred stock   0          
Unrealized gains/(losses) on securities, net of tax 22,710 [1],[2]         22,710  
Foreign currency translation adjustment, net of tax 3,429 [1]         3,429  
Other       7 2    
Common stock repurchased (94,500)           (94,521)
Balance, end of period at Mar. 31, 2023 5,327,392 685,000 16,749 1,830,637 3,209,815 (91,821) (322,988)
Balance, beginning of period at Dec. 31, 2023 5,294,431 685,000 16,749 1,905,097 3,398,610 (74,326) (636,699)
Net income 163,575       163,575    
Unit amortization, net of forfeitures       42,157      
Dividends declared, Common         (48,608)    
Dividends declared, Preferred         (9,320)    
Distributions under employee plans       (141,805) (89,960)   133,314
Issuance of preferred stock   0          
Unrealized gains/(losses) on securities, net of tax (8,204) [1],[2]         (8,204)  
Foreign currency translation adjustment, net of tax (1,644) [1]         (1,644)  
Other       268 447    
Common stock repurchased (60,700)           (60,710)
Balance, end of period at Mar. 31, 2024 $ 5,273,941 $ 685,000 $ 16,749 $ 1,805,717 $ 3,414,744 $ (84,174) $ (564,095)
[1] Net of a tax benefit of $3.3 million and tax expense of $8.7 million for the three months ended March 31, 2024 and 2023, respectively.
[2] There were no reclassifications to earnings for the three months ended March 31, 2024. Net of reclassifications to earnings of realized losses of $5.6 million for the three months ended March 31, 2023.