v3.24.2
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Series B Preferred Stock
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Retained Earnings
Series B Preferred Stock
Treasury Stock
Beginning balance, shares issued (in shares) at Dec. 31, 2022     2,510,696 435,121,140          
Beginning balance (in shares) at Dec. 31, 2022                 (194,445,696)
Beginning balance (in shares) at Dec. 31, 2022       240,675,444          
Beginning balance at Dec. 31, 2022 $ 1,726,970   $ 251,070 $ 87,025 $ 1,109,072 $ (93,870) $ 3,163,640   $ (2,789,967)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 383,583           383,583    
Other comprehensive loss, net of tax 10,306         10,306      
Total comprehensive income 393,889                
Cash dividends declared:                  
Common Stock $ (51,938)           (51,938)    
Preferred Stock   $ (8,337)           $ (8,337)  
Issuance of common shares (in shares) 2,872,753     2,872,753          
Issuance of common shares $ (5)     $ 574 637   (1,216)    
Stock-based compensation expense $ 19,828       19,828        
Common stock repurchased (in shares) (16,389,696)     (16,389,696)         (16,389,696)
Common stock repurchased $ (257,402)               $ (257,402)
Shares repurchased related to employee stock-based compensation plans (in shares) (1,077,643)     (1,077,643)         (1,077,643)
Shares repurchased related to employee stock-based compensation plans $ (16,641)               $ (16,641)
Ending balance, shares issued (in shares) at Jun. 30, 2023     2,510,696 437,993,893          
Ending balance (in shares) at Jun. 30, 2023                 (211,913,035)
Ending balance (in shares) at Jun. 30, 2023       226,080,858          
Ending balance at Jun. 30, 2023 1,806,364   $ 251,070 $ 87,599 1,129,537 (83,564) 3,485,732   $ (3,064,010)
Beginning balance, shares issued (in shares) at Mar. 31, 2023     2,510,696 437,644,884          
Beginning balance (in shares) at Mar. 31, 2023                 (195,395,127)
Beginning balance (in shares) at Mar. 31, 2023       242,249,757          
Beginning balance at Mar. 31, 2023 1,827,095   $ 251,070 $ 87,530 1,121,082 (78,333) 3,250,478   $ (2,804,732)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 265,065           265,065    
Other comprehensive loss, net of tax (5,231)         (5,231)      
Total comprehensive income 259,834                
Cash dividends declared:                  
Common Stock $ (25,303)           (25,303)    
Preferred Stock   (4,274)           (4,274)  
Issuance of common shares (in shares) 349,009     349,009          
Issuance of common shares $ (2)     $ 69 163   (234)    
Stock-based compensation expense $ 8,292       8,292   0    
Common stock repurchased (in shares) (16,389,696)     (16,389,696)         (16,389,696)
Common stock repurchased $ (257,402)               $ (257,402)
Shares repurchased related to employee stock-based compensation plans (in shares) (128,212)     (128,212)         (128,212)
Shares repurchased related to employee stock-based compensation plans $ (1,876)               $ (1,876)
Ending balance, shares issued (in shares) at Jun. 30, 2023     2,510,696 437,993,893          
Ending balance (in shares) at Jun. 30, 2023                 (211,913,035)
Ending balance (in shares) at Jun. 30, 2023       226,080,858          
Ending balance at Jun. 30, 2023 $ 1,806,364   $ 251,070 $ 87,599 1,129,537 (83,564) 3,485,732   $ (3,064,010)
Beginning balance, shares issued (in shares) at Dec. 31, 2023     2,510,696 438,230,416          
Beginning balance (in shares) at Dec. 31, 2023 (217,900,000)               (217,886,532)
Beginning balance (in shares) at Dec. 31, 2023       220,343,884          
Beginning balance at Dec. 31, 2023 $ 1,880,797   $ 251,070 $ 87,647 1,148,689 (75,104) 3,624,859   $ (3,156,364)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 541,924           541,924    
Other comprehensive loss, net of tax (3,705)         (3,705)      
Total comprehensive income 538,219                
Cash dividends declared:                  
Common Stock $ (48,305)           (48,305)    
Preferred Stock   (9,281)           (9,281)  
Issuance of common shares (in shares) 2,049,231     2,049,231          
Issuance of common shares $ 871     $ 409 1,679   (1,217)    
Stock-based compensation expense $ 23,367       23,367        
Common stock repurchased (in shares) (4,240,369)     (4,240,369)         (4,240,369)
Common stock repurchased $ (88,658)               $ (88,658)
Shares repurchased related to employee stock-based compensation plans (in shares) (691,386)     (691,386)         (691,386)
Shares repurchased related to employee stock-based compensation plans $ (13,772)               $ (13,772)
Ending balance, shares issued (in shares) at Jun. 30, 2024     2,510,696 440,279,647          
Ending balance (in shares) at Jun. 30, 2024 (222,800,000)               (222,818,287)
Ending balance (in shares) at Jun. 30, 2024       217,461,360          
Ending balance at Jun. 30, 2024 $ 2,283,238   $ 251,070 $ 88,056 1,173,735 (78,809) 4,107,980   $ (3,258,794)
Beginning balance, shares issued (in shares) at Mar. 31, 2024     2,510,696 440,156,336          
Beginning balance (in shares) at Mar. 31, 2024                 (219,880,502)
Beginning balance (in shares) at Mar. 31, 2024       220,275,834          
Beginning balance at Mar. 31, 2024 2,113,739   $ 251,070 $ 88,032 1,163,838 (77,291) 3,884,694   $ (3,196,604)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 251,993           251,993    
Other comprehensive loss, net of tax (1,518)         (1,518)      
Total comprehensive income 250,475                
Cash dividends declared:                  
Common Stock $ (24,027)           (24,027)    
Preferred Stock   $ (4,628)           $ (4,628)  
Issuance of common shares (in shares) 123,311     123,311          
Issuance of common shares $ 292     $ 24 320   (52)    
Stock-based compensation expense $ 9,577       9,577        
Common stock repurchased (in shares) (2,929,646)     (2,929,646)         (2,929,646)
Common stock repurchased $ (62,019)               $ (62,019)
Shares repurchased related to employee stock-based compensation plans (in shares) (8,139)     (8,139)         (8,139)
Shares repurchased related to employee stock-based compensation plans $ (171)               $ (171)
Ending balance, shares issued (in shares) at Jun. 30, 2024     2,510,696 440,279,647          
Ending balance (in shares) at Jun. 30, 2024 (222,800,000)               (222,818,287)
Ending balance (in shares) at Jun. 30, 2024       217,461,360          
Ending balance at Jun. 30, 2024 $ 2,283,238   $ 251,070 $ 88,056 $ 1,173,735 $ (78,809) $ 4,107,980   $ (3,258,794)