v3.24.3
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 Income (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 412,948           412,948    
Other comprehensive loss, net of tax (7,445)         (7,445)      
Total comprehensive income (loss) 405,503                
Cash dividends declared:                  
Common Stock $ (76,817)           (76,817)    
Preferred Stock   $ (12,979)           $ (12,979)  
Issuance of common shares (in shares) 3,073,639     3,073,639          
Issuance of common shares $ 2,624     $ 614 3,227   (1,217)    
Stock-based compensation expense $ 28,300       28,300        
Common stock repurchased (in shares) (16,389,696)     (16,389,696)         (16,389,696)
Common stock repurchased $ (257,563)               $ (257,563)
Shares repurchased related to employee stock-based compensation plans (in shares) (1,088,330)     (1,088,330)         (1,088,330)
Shares repurchased related to employee stock-based compensation plans $ (16,814)               $ (16,814)
Ending balance, shares issued (in shares) at Sep. 30, 2023     2,510,696 438,194,779          
Ending balance (in shares) at Sep. 30, 2023                 (211,923,722)
Ending balance (in shares) at Sep. 30, 2023       226,271,057          
Ending balance at Sep. 30, 2023 1,799,224   $ 251,070 $ 87,639 1,140,599 (101,315) 3,485,575   $ (3,064,344)
Beginning balance, shares issued (in shares) at Jun. 30, 2023     2,510,696 437,993,893          
Beginning balance (in shares) at Jun. 30, 2023                 (211,913,035)
Beginning balance (in shares) at Jun. 30, 2023       226,080,858          
Beginning balance at Jun. 30, 2023 1,806,364   $ 251,070 $ 87,599 1,129,537 (83,564) 3,485,732   $ (3,064,010)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 29,365           29,365    
Other comprehensive loss, net of tax (17,751)         (17,751)      
Total comprehensive income (loss) 11,614                
Cash dividends declared:                  
Common Stock $ (24,879)           (24,879)    
Preferred Stock   (4,642)           (4,642)  
Issuance of common shares (in shares) 200,886     200,886          
Issuance of common shares $ 2,629     $ 40 2,590   (1)    
Stock-based compensation expense $ 8,472       8,472   0    
Common stock repurchased (in shares) 0     0         0
Common stock repurchased $ (161)               $ (161)
Shares repurchased related to employee stock-based compensation plans (in shares) (10,687)     (10,687)         (10,687)
Shares repurchased related to employee stock-based compensation plans $ (173)               $ (173)
Ending balance, shares issued (in shares) at Sep. 30, 2023     2,510,696 438,194,779          
Ending balance (in shares) at Sep. 30, 2023                 (211,923,722)
Ending balance (in shares) at Sep. 30, 2023       226,271,057          
Ending balance at Sep. 30, 2023 $ 1,799,224   $ 251,070 $ 87,639 1,140,599 (101,315) 3,485,575   $ (3,064,344)
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 496,772           496,772    
Other comprehensive loss, net of tax 24,765         24,765      
Total comprehensive income (loss) 521,537                
Cash dividends declared:                  
Common Stock $ (71,834)           (71,834)    
Preferred Stock   (13,929)           (13,929)  
Issuance of common shares (in shares) 2,298,280     2,298,280          
Issuance of common shares $ 3,988     $ 459 4,757   (1,228)    
Stock-based compensation expense $ 31,741       31,741        
Common stock repurchased (in shares) (9,585,395)     (9,585,395)         (9,585,395)
Common stock repurchased $ (203,996)               $ (203,996)
Shares repurchased related to employee stock-based compensation plans (in shares) (726,302)     (726,302)         (726,302)
Shares repurchased related to employee stock-based compensation plans $ (14,554)               $ (14,554)
Ending balance, shares issued (in shares) at Sep. 30, 2024     2,510,696 440,528,696          
Ending balance (in shares) at Sep. 30, 2024 (228,200,000)               (228,198,229)
Ending balance (in shares) at Sep. 30, 2024       212,330,467          
Ending balance at Sep. 30, 2024 $ 2,133,750   $ 251,070 $ 88,106 1,185,187 (50,339) 4,034,640   $ (3,374,914)
Beginning balance, shares issued (in shares) at Jun. 30, 2024     2,510,696 440,279,647          
Beginning balance (in shares) at Jun. 30, 2024                 (222,818,287)
Beginning balance (in shares) at Jun. 30, 2024       217,461,360          
Beginning balance at Jun. 30, 2024 2,283,238   $ 251,070 $ 88,056 1,173,735 (78,809) 4,107,980   $ (3,258,794)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (45,152)           (45,152)    
Other comprehensive loss, net of tax 28,470         28,470      
Total comprehensive income (loss) (16,682)                
Cash dividends declared:                  
Common Stock $ (23,529)           (23,529)    
Preferred Stock   $ (4,648)           $ (4,648)  
Issuance of common shares (in shares) 249,049     249,049          
Issuance of common shares $ 3,117     $ 50 3,078   (11)    
Stock-based compensation expense $ 8,374       8,374        
Common stock repurchased (in shares) (5,345,026)     (5,345,026)         (5,345,026)
Common stock repurchased $ (115,338)               $ (115,338)
Shares repurchased related to employee stock-based compensation plans (in shares) (34,916)     (34,916)         (34,916)
Shares repurchased related to employee stock-based compensation plans $ (782)               $ (782)
Ending balance, shares issued (in shares) at Sep. 30, 2024     2,510,696 440,528,696          
Ending balance (in shares) at Sep. 30, 2024 (228,200,000)               (228,198,229)
Ending balance (in shares) at Sep. 30, 2024       212,330,467          
Ending balance at Sep. 30, 2024 $ 2,133,750   $ 251,070 $ 88,106 $ 1,185,187 $ (50,339) $ 4,034,640   $ (3,374,914)