| Earnings Per Share Calculation Basic Diluted Earnings Per Share Voting Non Voting Common Stock |
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For the Quarters Ended |
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September 30, |
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2025 |
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2024 |
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(Unaudited) |
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(In thousands, except share and per share amounts) |
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Weighted average shares outstanding of Voting Common Stock |
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19,607,788 |
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19,607,788 |
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Total weighted average shares outstanding for Voting Common Stock and Non-Voting Common Stock |
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196,077,880 |
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196,077,880 |
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Percent of weighted average shares outstanding of Voting Common Stock |
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10 |
% |
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10 |
% |
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Net earnings available to common stockholders |
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$ |
105,550 |
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$ |
186,798 |
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Voting Common Stock dividends declared and paid |
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— |
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— |
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Non-Voting Common Stock dividends declared and paid |
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(8,823 |
) |
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(8,823 |
) |
Undistributed earnings available to common stockholders |
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$ |
96,727 |
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$ |
177,975 |
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Undistributed earnings available to common stockholders allocated to Voting Common Stock |
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$ |
9,673 |
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$ |
17,798 |
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Undistributed earnings per share of Voting Common Stock |
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$ |
0.49 |
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$ |
0.91 |
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Dividends declared per share of Voting Common Stock |
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— |
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— |
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Basic and diluted earnings per share of Voting Common Stock |
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$ |
0.49 |
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$ |
0.91 |
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Weighted average shares outstanding of Non-Voting Common Stock |
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176,470,092 |
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176,470,092 |
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Total weighted average shares outstanding for Voting Common Stock and Non-Voting Common Stock |
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196,077,880 |
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196,077,880 |
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Percent of weighted average shares outstanding of Non-Voting Common Stock |
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90 |
% |
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90 |
% |
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Net earnings available to common stockholders |
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$ |
105,550 |
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$ |
186,798 |
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Voting Common Stock dividends declared and paid |
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— |
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— |
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Non-Voting Common Stock dividends declared and paid |
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(8,823 |
) |
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(8,823 |
) |
Undistributed earnings available to common stockholders |
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$ |
96,727 |
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$ |
177,975 |
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Undistributed earnings available to common stockholders allocated to Non-Voting Common Stock |
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$ |
87,054 |
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$ |
160,178 |
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Undistributed earnings per share of Non-Voting Common Stock |
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$ |
0.49 |
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$ |
0.91 |
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Dividends declared per share of Non-Voting Common Stock |
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0.05 |
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0.05 |
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Basic and diluted earnings per share of Non-Voting Common Stock |
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$ |
0.54 |
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$ |
0.96 |
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