Changes in Equity (Tables)

9 Months Ended

Sep. 30, 2024

The following tables present changes in our equity for the nine months ended September 30, 2024 and 2023 (in thousands, except shares and per share amounts):


	Common Stock			Treasury Stock		Additional Paid-in Capital		Accum. Other Comp. Income (Loss)		Retained Earnings		Total Equity
	Shares	Amount
For the nine months ended September 30, 2024:
Balances as of December 31, 2023	23,007,681	$	78	$	(144,998)	$	14,613	$	1,831	$	1,171,672	$	1,043,196
Net income	—	—		—		—		—		114,417		114,417
Issuance of common stock related to stock split	—	153		—		(153)		—		—		—
Dividends paid — $1.17 per share of common stock	—	—		—		—		—		(26,907)		(26,907)
Share-based compensation, net of forfeitures	8,373	—		4,698		(1,297)		—		15		3,416
Repurchases of common stock and related excise taxes	(20,106)	—		(10,445)		—		—		—		(10,445)
Shares exchanged for tax withholdings	(2,469)	—		(1,207)		—		—		—		(1,207)
Periodic pension costs, net of income taxes of $6	—	—		—		—		(21)		—		(21)
Balances as of March 31, 2024	22,993,479	231		(151,952)		13,163		1,810		1,259,197		1,122,449
Net income	—	—		—		—		—		114,589		114,589
Dividends paid — $1.17 per share of common stock	—	—		—		—		—		(26,894)		(26,894)
Share-based compensation, net of forfeitures	—	—		—		2,700		—		(58)		2,642
Repurchases of common stock and related excise taxes	(10,087)	—		(6,344)		—		—		—		(6,344)
Periodic pension costs, net of income taxes of $5	—	—		—		—		(21)		—		(21)
Balances as of June 30, 2024	22,983,392	231		(158,296)		15,863		1,789		1,346,834		1,206,421
Net income	—	—		—		—		—		106,594		106,594
Dividends paid — $1.17 per share of common stock	—	—		—		—		—		(26,915)		(26,915)
Special dividends paid — $10.00 per share of common stock	—	—		—		—		—		(229,834)		(229,834)
Share-based compensation, net of forfeitures	1,599	—		2,430		528		—		(521)		2,437
Repurchases of common stock and related excise taxes	(7,387)	—		(6,134)		—		—		—		(6,134)
Shares exchanged for tax withholdings	(479)	—		(416)		—		—		—		(416)
Periodic pension costs, net of income taxes of $6	—	—		—		—		(21)		—		(21)
Balances as of September 30, 2024	22,977,125	$	231	$	(162,416)	$	16,391	$	1,768	$	1,196,158	$	1,052,132


	Common Stock			Treasury Stock		Additional Paid-in Capital		Accum. Other Comp. Income (Loss)		Retained Earnings		Total Equity
	Shares	Amount
For the nine months ended September 30, 2023:
Balances as of December 31, 2022	23,087,037	$	78	$	(104,139)	$	8,293	$	2,516	$	866,139	$	772,887
Net income	—	—		—		—		—		86,568		86,568
Dividends paid — $1.08 per share of common stock	—	—		—		—		—		(25,061)		(25,061)
Share-based compensation, net of forfeitures	5,268	—		3,033		(560)		—		(103)		2,370
Repurchases of common stock and related excise taxes	(10,881)	—		(6,749)		—		—		—		(6,749)
Shares exchanged for tax withholdings	(1,464)	—		(939)		—		—		—		(939)
Periodic pension costs, net of income taxes of $6	—	—		—		—		(25)		—		(25)
Balances as of March 31, 2023	23,079,960	78		(108,794)		7,733		2,491		927,543		829,051
Net income	—	—		—		—		—		100,393		100,393
Dividends paid — $1.08 per share of common stock	—	—		—		—		—		(24,966)		(24,966)
Share-based compensation, net of forfeitures	—	—		—		2,849		—		(43)		2,806
Repurchases of common stock and related excise taxes	(42,525)	—		(19,708)		—		—		—		(19,708)
Periodic pension costs, net of income taxes of $8	—	—		—		—		(26)		—		(26)
Balances as of June 30, 2023	23,037,435	78		(128,502)		10,582		2,465		1,002,927		887,550
Net income	—	—		—		—		—		105,574		105,574
Dividends paid — $1.08 per share of common stock	—	—		—		—		—		(24,952)		(24,952)
Share-based compensation, net of forfeitures	1,782	—		990		1,800		—		(38)		2,752
Repurchases of common stock and related excise taxes	(10,692)	—		(5,995)		—		—		—		(5,995)
Shares exchanged for tax withholdings	(543)	—		(345)		—		—		—		(345)
Periodic pension costs, net of income taxes of $7	—	—		—		—		(26)		—		(26)
Balances as of September 30, 2023	23,027,982	$	78	$	(133,852)	$	12,382	$	2,439	$	1,083,511	$	964,558