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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in- Capital
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2020   55,535,554        
Beginning balance at Dec. 31, 2020 $ (5,752) $ 951 $ 233,921 $ (4,646) $ (1,260,478) $ 1,024,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 22,337         22,337
Other comprehensive income (loss), net of tax 52     52    
Share-based payment activity (in shares) [1]   48,781        
Share-based payment activity 7,644   3,617 [1]   4,030 [1] (3) [1]
Dividends declared 0          
Treasury purchases (in shares)   (46,499)        
Treasury purchases (5,046)       (5,046)  
Ending balance (in shares) at Mar. 31, 2021   55,537,836        
Ending balance at Mar. 31, 2021 19,235 $ 951 237,538 (4,594) (1,261,494) 1,046,834
Beginning balance (in shares) at Dec. 31, 2020   55,535,554        
Beginning balance at Dec. 31, 2020 (5,752) $ 951 233,921 (4,646) (1,260,478) 1,024,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 224,874          
Other comprehensive income (loss), net of tax 66          
Ending balance (in shares) at Sep. 30, 2021   55,630,704        
Ending balance at Sep. 30, 2021 212,146 $ 951 253,361 (4,580) (1,261,926) 1,224,340
Beginning balance (in shares) at Mar. 31, 2021   55,537,836        
Beginning balance at Mar. 31, 2021 19,235 $ 951 237,538 (4,594) (1,261,494) 1,046,834
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 85,882         85,882
Other comprehensive income (loss), net of tax 71     71    
Share-based payment activity (in shares)   111,895        
Share-based payment activity 12,583   9,066   3,516 1
Dividends declared (12,521)         (12,521)
Treasury purchases (in shares)   (2,738)        
Treasury purchases (317)       (317)  
Ending balance (in shares) at Jun. 30, 2021   55,646,993        
Ending balance at Jun. 30, 2021 104,933 $ 951 246,604 (4,523) (1,258,295) 1,120,196
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 116,655         116,655
Other comprehensive income (loss), net of tax (57)     (57)    
Share-based payment activity (in shares)   23,757        
Share-based payment activity 7,808   6,757   1,045 6
Dividends declared (12,517)         (12,517)
Treasury purchases (in shares)   (40,046)        
Treasury purchases (4,676)       (4,676)  
Ending balance (in shares) at Sep. 30, 2021   55,630,704        
Ending balance at Sep. 30, 2021 $ 212,146 $ 951 253,361 (4,580) (1,261,926) 1,224,340
Beginning balance (in shares) at Dec. 31, 2021 55,609,226 55,609,226        
Beginning balance at Dec. 31, 2021 $ 265,882 $ 951 259,317 (4,574) (1,265,032) 1,275,220
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 67,391         67,391
Other comprehensive income (loss), net of tax (134)     (134)    
Share-based payment activity (in shares) [1]   262,008        
Share-based payment activity [1] 9,558   6,068   3,486 4
Dividends declared [1] (13,250)         (13,250)
Treasury purchases (in shares)   (100,912)        
Treasury purchases (14,802)       (14,802)  
Ending balance (in shares) at Mar. 31, 2022   55,770,322        
Ending balance at Mar. 31, 2022 $ 314,645 $ 951 265,385 (4,708) (1,276,348) 1,329,365
Beginning balance (in shares) at Dec. 31, 2021 55,609,226 55,609,226        
Beginning balance at Dec. 31, 2021 $ 265,882 $ 951 259,317 (4,574) (1,265,032) 1,275,220
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 276,639          
Other comprehensive income (loss), net of tax $ (1,139)          
Ending balance (in shares) at Sep. 30, 2022 53,773,667 53,773,667        
Ending balance at Sep. 30, 2022 $ 284,511 $ 951 284,092 (5,713) (1,507,423) 1,512,604
Beginning balance (in shares) at Mar. 31, 2022   55,770,322        
Beginning balance at Mar. 31, 2022 314,645 $ 951 265,385 (4,708) (1,276,348) 1,329,365
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 106,168         106,168
Other comprehensive income (loss), net of tax (103)     (103)    
Share-based payment activity (in shares)   12,422        
Share-based payment activity 9,595   8,999   596  
Dividends declared (13,242)         (13,242)
Treasury purchases (in shares)   (2,422)        
Treasury purchases (338)       (338)  
Ending balance (in shares) at Jun. 30, 2022   55,780,322        
Ending balance at Jun. 30, 2022 416,725 $ 951 274,384 (4,811) (1,276,090) 1,422,291
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 103,080         103,080
Other comprehensive income (loss), net of tax (902)     (902)    
Share-based payment activity (in shares)   (1,655)        
Share-based payment activity 9,763   9,708   55  
Dividends declared (12,767)         (12,767)
Treasury purchases (in shares)   (2,005,000)        
Treasury purchases $ (231,388)       (231,388)  
Ending balance (in shares) at Sep. 30, 2022 53,773,667 53,773,667        
Ending balance at Sep. 30, 2022 $ 284,511 $ 951 $ 284,092 $ (5,713) $ (1,507,423) $ 1,512,604
[1] In April 2020, in light of uncertainty resulting from the COVID-19 pandemic, the Company suspended future, undeclared dividends. In May 2021, the Company resumed the payment of quarterly dividends, subject to future declarations by the Company's board of directors, and declared a quarterly cash dividend of $0.225 per share of common stock. On December 6, 2021, the Company's board of directors approved a 6% increase in the quarterly cash dividend and declared a quarterly cash dividend of $0.2375 per share of common stock. During certain periods presented, accumulated dividends were paid to certain shareholders upon vesting of performance vested restricted stock units ("PVRSU") which are captured in Share-based payment activity.