| Common Stock Activity |
Common stock activity is summarized as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2026 | | Three Months Ended June 30, 2025 | | (In thousands) | Common
Stock | | Treasury Cost(a) | | Common
Stock | | Treasury Cost(a) | | Balance at beginning of period | $ | 344,328 | | | $ | (540,194) | | | $ | 330,077 | | | $ | (412,212) | | | Stock compensation expense | 7,809 | | | — | | | 5,370 | | | — | | | Restricted and performance stock awards | (435) | | | 435 | | | (365) | | | 365 | | | Stock options exercised | — | | | 1 | | | 158 | | | 109 | | | Treasury shares purchased for stock compensation programs | — | | | (455) | | | — | | | (534) | | | | | | | | | | | Employee stock purchase program | 895 | | | 184 | | | 935 | | | 147 | | | Share repurchase program | — | | | (25,679) | | | — | | | (29,998) | | | Balance at end of period | $ | 352,597 | | | $ | (565,708) | | | $ | 336,175 | | | $ | (442,123) | | (a)Excludes treasury cost related to preferred stock. | | | | | | | | | | Six Months Ended June 30, 2026 | | Six Months Ended June 30, 2025 | | (In thousands) | Common
Stock | | Treasury Cost(a) | | Common
Stock | | Treasury Cost(a) | | Balance at beginning of period | $ | 343,842 | | | $ | (483,248) | | | $ | 329,953 | | | $ | (396,604) | | | Stock compensation expense | 11,621 | | | — | | | 7,999 | | | — | | | Restricted and performance stock awards | (3,773) | | | 3,773 | | | (3,007) | | | 3,007 | | | Stock options exercised | 12 | | | 11 | | | 295 | | | 202 | | | Treasury shares purchased for stock compensation programs | — | | | (10,302) | | | — | | | (8,880) | | | | | | | | | | | Employee stock purchase program | 895 | | | 184 | | | 935 | | | 147 | | | Share repurchase program | — | | | (76,126) | | | — | | | (39,995) | | | Balance at end of period | $ | 352,597 | | | $ | (565,708) | | | $ | 336,175 | | | $ | (442,123) | | (a)Excludes treasury cost related to preferred stock. |
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