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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2022   113,247,189        
Beginning balance at Dec. 31, 2022 $ 6,159,876 $ 2,724,740 $ (5,005) $ 3,360,347 $ (31,435) $ 111,229
Beginning balance (in shares) at Dec. 31, 2022     (73,613)      
Increase (Decrease) in Shareholders' Equity            
Net income 111,978     103,366   8,612
Other comprehensive loss (156)       (156)  
Dividends on common stock (195,981)     (195,981)    
Issuance of common stock (in shares)   139,705        
Issuance of common stock 11,372 $ 11,372        
Purchase of treasury stock (in shares) [1]     (34,675)      
Purchase of treasury stock [1] (2,609)   $ (2,609)      
Reissuance of treasury stock for stock-based compensation and other (in shares)     32,521      
Reissuance of treasury stock for stock-based compensation and other 2,287   $ 2,287      
Capital activities by noncontrolling interests (10,628)         (10,628)
Other (2)   (1) (1)    
Ending balance (in shares) at Jun. 30, 2023   113,386,894        
Ending balance at Jun. 30, 2023 6,076,137 $ 2,736,112 $ (5,328) 3,267,731 (31,591) 109,213
Ending balance (in shares) at Jun. 30, 2023     (75,767)      
Beginning balance (in shares) at Mar. 31, 2023   113,359,467        
Beginning balance at Mar. 31, 2023 6,164,451 $ 2,730,851 $ (7,451) 3,357,052 (31,536) 115,535
Beginning balance (in shares) at Mar. 31, 2023     (106,141)      
Increase (Decrease) in Shareholders' Equity            
Net income 110,969     106,663   4,306
Other comprehensive loss (55)       (55)  
Dividends on common stock (195,981)     (195,981)    
Issuance of common stock (in shares)   27,427        
Issuance of common stock 5,261 $ 5,261        
Purchase of treasury stock (in shares) [2]     (1,521)      
Purchase of treasury stock [2] (119)   $ (119)      
Reissuance of treasury stock for stock-based compensation and other (in shares)     31,895      
Reissuance of treasury stock for stock-based compensation and other 2,242   $ 2,242      
Capital activities by noncontrolling interests (10,628)         (10,628)
Other (3)     (3)    
Ending balance (in shares) at Jun. 30, 2023   113,386,894        
Ending balance at Jun. 30, 2023 $ 6,076,137 $ 2,736,112 $ (5,328) 3,267,731 (31,591) 109,213
Ending balance (in shares) at Jun. 30, 2023     (75,767)      
Beginning balance (in shares) at Dec. 31, 2023 113,537,689 113,537,689        
Beginning balance at Dec. 31, 2023 $ 6,284,862 $ 2,752,676 $ (8,185) 3,466,317 (33,144) 107,198
Beginning balance (in shares) at Dec. 31, 2023 (113,272)   (113,272)      
Increase (Decrease) in Shareholders' Equity            
Net income $ 229,279     220,667   8,612
Other comprehensive loss (150)       (150)  
Dividends on common stock (199,868)     (199,868)    
Issuance of common stock (in shares) [3]   174,074        
Issuance of common stock [3] 11,835 $ 11,835        
Purchase of treasury stock (in shares) [1]     (71,008)      
Purchase of treasury stock [1] (4,907)   $ (4,907)      
Reissuance of treasury stock for stock-based compensation and other (in shares)     82,639      
Reissuance of treasury stock for stock-based compensation and other 5,900   $ 5,900      
Capital activities by noncontrolling interests (10,628)         (10,628)
Other $ (1)   1 (3)   1
Ending balance (in shares) at Jun. 30, 2024 113,711,763 113,711,763        
Ending balance at Jun. 30, 2024 $ 6,316,322 $ 2,764,511 $ (7,191) 3,487,113 (33,294) 105,183
Ending balance (in shares) at Jun. 30, 2024 (101,641)   (101,641)      
Beginning balance (in shares) at Mar. 31, 2024   113,686,849        
Beginning balance at Mar. 31, 2024 $ 6,310,533 $ 2,757,506 $ (9,073) 3,483,178 (32,582) 111,504
Beginning balance (in shares) at Mar. 31, 2024     (128,234)      
Increase (Decrease) in Shareholders' Equity            
Net income 208,111     203,805   4,306
Other comprehensive loss (712)       (712)  
Dividends on common stock (199,868)     (199,868)    
Issuance of common stock (in shares) [4]   24,914        
Issuance of common stock [4] 7,005 $ 7,005        
Reissuance of treasury stock for stock-based compensation and other (in shares)     26,593      
Reissuance of treasury stock for stock-based compensation and other 1,882   $ 1,882      
Capital activities by noncontrolling interests (10,628)         (10,628)
Other $ (1)   0 (2)   1
Ending balance (in shares) at Jun. 30, 2024 113,711,763 113,711,763        
Ending balance at Jun. 30, 2024 $ 6,316,322 $ 2,764,511 $ (7,191) $ 3,487,113 $ (33,294) $ 105,183
Ending balance (in shares) at Jun. 30, 2024 (101,641)   (101,641)      
[1] Primarily represents shares of common stock withheld from certain stock awards for tax purposes.
[2] Primarily represents shares of common stock withheld from certain stock awards for tax purposes.
[3] See Note 10 for information related to our equity forward sale agreements that were executed in February 2024. As of June 30, 2024, no common shares have been issued as part of this agreement.
[4] See Note 10 for information related to our equity forward sale agreements that were executed in February 2024. As of June 30, 2024, no common shares have been issued as part of this agreement.