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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock Outstanding
Common Stock
Value of Shares Held in Rabbi Trust at Cost
Deferred Compensation Obligation
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2021 $ 3,018,449   $ 472 $ (3,146) $ 3,146 $ 2,249,078 $ 766,716 $ 2,183
Beginning balance (in shares) at Dec. 31, 2021   47,349,778            
Net income 263,813           263,813  
Other comprehensive loss $ (165,267)             (165,267)
Common Stock, Dividends, Per Share, Declared $ 2.08              
Common dividend declared $ (96,087)           (96,087)  
Stock based compensation 4,464         4,464    
Restricted stock awards issued, net of awards surrendered (in shares)   49,016            
Restricted stock awards issued, net of awards surrendered (1,084)   1     (1,085)    
Stock Issued During Period, Shares, Other   29,409            
Stock Issued During Period, Value, Other 2,359   0     2,359    
Stock Repurchased During Period, Shares   (1,786,965)            
Stock Repurchased During Period, Value (139,946)   (18)     (139,928)    
Increase (Decrease) in Deferred Compensation       (81) 81      
Ending balance (in shares) at Dec. 31, 2022   45,641,238            
Ending balance at Dec. 31, 2022 2,886,701   455 (3,227) 3,227 2,114,888 934,442 (163,084)
Net income 239,502           239,502  
Other comprehensive loss $ 48,257             48,257
Common Stock, Dividends, Per Share, Declared $ 2.20              
Common dividend declared $ (96,456)           (96,456)  
Proceeds from exercise of stock options, net of cash paid 81   0     81    
Proceeds from exercise of stock options (in shares)   3,238            
Stock based compensation 6,377         6,377    
Restricted stock awards issued, net of awards surrendered (in shares)   82,181            
Restricted stock awards issued, net of awards surrendered (1,135)   1     (1,136)    
Stock Issued During Period, Shares, Other   46,963            
Stock Issued During Period, Value, Other 2,682   0     2,682    
Stock Repurchased During Period, Shares   (2,900,433)            
Stock Repurchased During Period, Value (190,758)   (29)     (190,729)    
Increase (Decrease) in Deferred Compensation $ 0              
Increase (Decrease) in Deferred Compensation and Other Retirement Benefits       (71) 71      
Ending balance (in shares) at Dec. 31, 2023 42,873,187 42,873,187            
Ending balance at Dec. 31, 2023 $ 2,895,251   427 (3,298) 3,298 1,932,163 1,077,488 (114,827)
Sales and Excise Tax Payable 1,800              
Net income 192,081           192,081  
Other comprehensive loss $ 24,820             24,820
Common Stock, Dividends, Per Share, Declared $ 2.28              
Common dividend declared $ (96,845)           (96,845)  
Proceeds from exercise of stock options, net of cash paid 81         81    
Proceeds from exercise of stock options (in shares)   1,667            
Stock based compensation 6,523         6,523    
Restricted stock awards issued, net of awards surrendered (in shares)   99,692            
Restricted stock awards issued, net of awards surrendered (781)   1     (782)    
Stock Issued During Period, Shares, Other   58,331            
Stock Issued During Period, Value, Other 3,287         3,287    
Stock Repurchased During Period, Shares [1]   (532,266)            
Stock Repurchased During Period, Value [1] (31,297)   (5)     (31,292)    
Increase (Decrease) in Deferred Compensation $ 0              
Increase (Decrease) in Deferred Compensation and Other Retirement Benefits       (85) 85      
Ending balance (in shares) at Dec. 31, 2024 42,500,611 42,500,611            
Ending balance at Dec. 31, 2024 $ 2,993,120   $ 423 $ (3,383) $ 3,383 $ 1,909,980 $ 1,172,724 $ (90,007)
Sales and Excise Tax Payable $ 311              
[1] Includes excise tax impact of $311,000 and $1.8 million for the years ended December 31, 2024 and 2023, respectively, related to shares repurchased under the Company’s share repurchase program.