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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, 2023   $ 685,000 $ 16,749 $ 1,905,097 $ 3,398,610 $ (74,326) $ (636,699)
Net Income (Loss) $ 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)
Balance, beginning of period at Dec. 31, 2024 5,686,770 685,000 16,749 1,895,568 3,794,609 (75,638) (629,518)
Net Income (Loss) 52,992       52,992    
Unit amortization, net of forfeitures       46,888      
Dividends declared, Common         (52,778)    
Dividends declared, Preferred         (9,320)    
Distributions under employee plans       (130,912) (65,053)   78,882
Issuance of preferred stock   0          
Unrealized gains/(losses) on securities, net of tax 20,814 [1],[2]         20,814  
Foreign currency translation adjustment, net of tax 3,073 [1]         3,073  
Other       (51) 54    
Common stock repurchased (93,200)           (93,173)
Balance, end of period at Mar. 31, 2025 $ 5,538,186 $ 685,000 $ 16,749 $ 1,811,493 $ 3,720,504 $ (51,751) $ (643,809)
[1] Net of a tax expense of $4.7 million and tax benefit of $3.3 million for the three months ended March 31, 2025 and 2024, respectively.
[2] There were no reclassifications to earnings for the three months ended March 31, 2025 and 2024.