XML 44 R33.htm IDEA: XBRL DOCUMENT v3.25.1
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2025
Stockholders' Equity Note [Abstract]  
Summary of Changes in Shareholders' Equity
A summary of changes in stockholders’ equity is presented below (in thousands): 
 Three Months Ended March 31, 2025
 (In thousands)
 Number of
Shares
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Total
Balance at December 31, 202471,922 $360 $143,036 $4,998,177 $5,141,573 
Stock Split on January 2, 2025 (See Note 1)— 360 (360)— — 
Net earnings— — — 122,806 122,806 
Stock-based compensation expense— — 6,325 — 6,325 
Issuance of stock514 (5)— — 
Dividends declared— — — (30,887)(30,887)
Share repurchases(605)(7)(45,066)— (45,073)
Balance at March 31, 202571,831 $718 $103,930 $5,090,096 $5,194,744 
 Three Months Ended March 31, 2024
 (In thousands)
 
Number of
Shares (1)
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Total
Balance at December 31, 202372,850 364 290,955 4,320,581 4,611,900 
Net earnings— — — 186,016 186,016 
Stock-based compensation expense— — 6,114 — 6,114 
Dividends declared— — — (27,239)(27,239)
Issuance of stock512 (3)— — 
Share repurchases(724)(4)(56,214)— (56,218)
Balance at March 31, 202472,638 $363 $240,852 $4,479,358 $4,720,573 
(1) Share amounts have been retroactively adjusted to reflect the Stock Split that was effective on January 2, 2025. See Note 1.