v3.25.4
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Total
Common share capital
Additional paid-in capital
Retained earnings
Treasury common shares
Accumulated other comprehensive income (loss)
Balance at beginning of year (in shares) at Dec. 31, 2022   50,277,466        
Balance at beginning of year at Dec. 31, 2022   $ 503,000 $ 1,032,632,000 $ 229,732,000 $ (20,600,000) $ (377,452,000)
Balance at beginning of year (in shares) at Dec. 31, 2022         619,212  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Retirement of shares (in shares)   (3,133,717)     (3,133,717)  
Retirement of shares   $ (32,000) (64,536,000) (26,518,000) $ 91,086,000  
Issuance of common shares (in shares)   385,296        
Issuance of common shares   $ 4,000 (4,000)      
Share-based compensation $ 20,232,000   20,232,000      
Share-based settlements     580,000      
Net Income for the year $ 225,492,000     225,492,000    
Common share cash dividends declared and paid, $1.88 per share (2024: $1.76 per share)       (86,186,000)    
Purchase of treasury common shares (in shares) 3,133,717       3,133,717  
Purchase of treasury common shares $ (88,590,240)       $ (88,590,000)  
Other comprehensive income (loss), net of taxes 67,254,000         67,254,000
Balance at end of year (in shares) at Dec. 31, 2023   47,529,045        
Balance at end of year at Dec. 31, 2023 1,003,597,000 $ 475,000 988,904,000 342,520,000 $ (18,104,000) (310,198,000)
Balance at end of year (in shares) at Dec. 31, 2023         619,212  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Retirement of shares (in shares)   (4,490,940)     (4,490,940)  
Retirement of shares   $ (45,000) (93,507,000) (56,794,000) $ 150,346,000  
Issuance of common shares (in shares)   499,874        
Issuance of common shares   $ 5,000 (5,000)      
Share-based compensation 20,448,000   20,448,000      
Share-based settlements     554,000      
Net Income for the year $ 216,316,000     216,316,000    
Common share cash dividends declared and paid, $1.88 per share (2024: $1.76 per share)       (79,581,000)    
Purchase of treasury common shares (in shares) 4,490,940       4,490,940  
Purchase of treasury common shares $ (155,305,756)       $ (155,305,000)  
Other comprehensive income (loss), net of taxes 14,783,000         14,783,000
Balance at end of year (in shares) at Dec. 31, 2024   43,537,979        
Balance at end of year at Dec. 31, 2024 $ 1,020,812,000 $ 435,000 916,394,000 422,461,000 $ (23,063,000) (295,415,000)
Balance at end of year (in shares) at Dec. 31, 2024 619,212       619,212  
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Retirement of shares (in shares) (3,526,575) (4,145,787)     (4,145,787)  
Retirement of shares   $ (41,000) (87,411,000) (82,296,000) $ 169,748,000  
Issuance of common shares (in shares)   556,072        
Issuance of common shares   $ 5,000 (6,000)      
Share-based compensation $ 21,703,000   21,703,000      
Share-based settlements     543,000      
Net Income for the year $ 231,942,000     231,942,000    
Common share cash dividends declared and paid, $1.88 per share (2024: $1.76 per share)       (77,723,000)    
Purchase of treasury common shares (in shares) 3,526,575       3,526,575  
Purchase of treasury common shares $ (146,685,678)       $ (146,685,000)  
Other comprehensive income (loss), net of taxes 91,260,000         91,260,000
Balance at end of year (in shares) at Dec. 31, 2025   39,948,264        
Balance at end of year at Dec. 31, 2025 $ 1,141,851,000 $ 399,000 $ 851,223,000 $ 494,384,000 $ 0 $ (204,155,000)
Balance at end of year (in shares) at Dec. 31, 2025 0       0