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STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Class A common stock
Class B common stock
Common stock
Class A common stock
Common stock
Class B common stock
Additional paid-in-capital
Accumulated other comprehensive loss
Retained earnings
Retained earnings
Class A common stock
Retained earnings
Class B common stock
Treasury stock
Deferred compensation
Beginning balance at Dec. 31, 2020 $ 1,188,048     $ 1,992 $ 178 $ 16,487 $ (78,143) $ 2,393,624     $ (1,163,670) $ 17,580
Increase (decrease) in shareholders' equity                        
Net income 73,566             73,566        
Other comprehensive (loss) income (5,289)           (5,289)          
Dividends declared:   $ (47,806) $ (395)           $ (47,806) $ (395)    
Net purchase of treasury stock [1] 9         9         0  
Deferred compensation 0                   (846) 846
Rabbi trust distribution [2] 0                   876 (876)
Ending balance at Mar. 31, 2021 1,208,133     1,992 178 16,496 (83,432) 2,418,989     (1,163,640) 17,550
Beginning balance at Dec. 31, 2020 1,188,048     1,992 178 16,487 (78,143) 2,393,624     (1,163,670) 17,580
Increase (decrease) in shareholders' equity                        
Net income 152,595                      
Other comprehensive (loss) income 850           850          
Ending balance at Jun. 30, 2021 1,245,102     1,992 178 16,496 (77,293) 2,449,819     (1,167,211) 21,121
Beginning balance at Mar. 31, 2021 1,208,133     1,992 178 16,496 (83,432) 2,418,989     (1,163,640) 17,550
Increase (decrease) in shareholders' equity                        
Net income 79,029             79,029        
Other comprehensive (loss) income 6,139           6,139          
Dividends declared:   (47,805) (394)           (47,805) (394)    
Net purchase of treasury stock [1] 0         0         0  
Deferred compensation 0                   (3,668) 3,668
Rabbi trust distribution [2] 0                   97 (97)
Ending balance at Jun. 30, 2021 1,245,102     1,992 178 16,496 (77,293) 2,449,819     (1,167,211) 21,121
Beginning balance at Dec. 31, 2021 1,342,478     1,992 178 16,496 (25,288) 2,495,190     (1,167,828) 21,738
Increase (decrease) in shareholders' equity                        
Net income 68,619             68,619        
Other comprehensive (loss) income (25,189)           (25,189)          
Dividends declared:   (51,270) (423)           (51,270) (423)    
Net purchase of treasury stock [1] (15)         (15)         0  
Deferred compensation 0                   (802) 802
Rabbi trust distribution [2] 0                   298 (298)
Ending balance at Mar. 31, 2022 1,334,200     1,992 178 16,481 (50,477) 2,512,116     (1,168,332) 22,242
Beginning balance at Dec. 31, 2021 1,342,478     1,992 178 16,496 (25,288) 2,495,190     (1,167,828) 21,738
Increase (decrease) in shareholders' equity                        
Net income 148,766                      
Other comprehensive (loss) income (48,437)           (48,437)          
Ending balance at Jun. 30, 2022 1,339,406     1,992 178 16,481 (73,725) 2,540,570     (1,169,140) 23,050
Beginning balance at Mar. 31, 2022 1,334,200     1,992 178 16,481 (50,477) 2,512,116     (1,168,332) 22,242
Increase (decrease) in shareholders' equity                        
Net income 80,147             80,147        
Other comprehensive (loss) income (23,248)           (23,248)          
Dividends declared:   $ (51,270) $ (423)           $ (51,270) $ (423)    
Net purchase of treasury stock [1] 0         0         0  
Deferred compensation 0                   (907) 907
Rabbi trust distribution [2] 0                   99 (99)
Ending balance at Jun. 30, 2022 $ 1,339,406     $ 1,992 $ 178 $ 16,481 $ (73,725) $ 2,540,570     $ (1,169,140) $ 23,050
[1] Net purchases of treasury stock in 2022 and 2021 include the repurchase of our Class A common stock in the open market that were subsequently distributed to satisfy stock-based compensation awards.
[2] Distributions of our Class A shares were made from the rabbi trust to two incentive compensation deferral plan participants in 2022 and to a retired director and an incentive compensation deferral plan participant in 2021.