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Capital Stock (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Rollforward of Common Stock

The following table shows the year-to-date changes in common stock outstanding for each of the periods indicated.

 

Common stock outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

(In thousands)

 

2024

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

 

153,179

 

 

 

157,056

 

 

 

175,421

 

Shares repurchased under share repurchase programs

 

 

(7,043

)

 

 

(5,264

)

 

 

(19,506

)

Issuance of common stock under incentive and benefit plans, net of shares withheld for employee taxes

 

 

1,433

 

 

 

1,387

 

 

 

1,141

 

Balance at end of period

 

 

147,569

 

 

 

153,179

 

 

 

157,056

 

Schedule of Dividends Declared and Paid

The following table presents the amount of dividends declared and paid, on a per share basis, for each quarter and annual period as indicated.

 

Dividends declared and paid

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

Quarter ended

 

 

 

 

 

 

 

 

 

March 31

 

$

0.245

 

 

$

0.225

 

 

$

0.200

 

June 30

 

 

0.245

 

 

 

0.225

 

 

 

0.200

 

September 30

 

 

0.245

 

 

 

0.225

 

 

 

0.200

 

December 31

 

 

0.245

 

 

 

0.225

 

 

 

0.200

 

Total annual dividends per share declared and paid

 

$

0.980

 

 

$

0.900

 

 

$

0.800