XML 17 R7.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements Of Shareholders' Equity (Unaudited) - USD ($)
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent
Treasury Stock
Balance, beginning of period at Dec. 31, 2021   $ 685,000,000 $ 16,749,000 $ 1,922,382,000 $ 2,757,208,000 $ 4,718,000 $ (351,098,000)
Net income $ 173,549,000       173,549,000    
Unit amortization, net of forfeitures       46,165,000      
Distributions under employee plans       (116,352,000) (49,984,000)   79,797,000
Dividends declared, Common         (37,132,000)    
Dividends declared, Preferred         (9,320,000)    
Issuance of preferred stock   0          
Unrealized gains/(losses) on securities, net of tax (77,831,000) [1],[2]         (77,831,000)  
Foreign currency translation adjustment, net of tax 10,509,000 [2]         (10,509,000)  
Other       81,000 (97,000)    
Common stock repurchased 0           0
Balance, end of period at Mar. 31, 2022 5,054,344,000 685,000,000 16,749,000 1,852,276,000 2,834,224,000 (62,604,000) (271,301,000)
Balance, beginning of period at Dec. 31, 2022 5,328,471,000 685,000,000 16,749,000 1,928,069,000 3,169,095,000 (117,960,000) (352,482,000)
Net income 157,539,000       157,539,000    
Unit amortization, net of forfeitures       39,781,000      
Distributions under employee plans       (137,220,000) (63,773,000)   124,015,000
Dividends declared, Common         (43,728,000)    
Dividends declared, Preferred         (9,320,000)    
Issuance of preferred stock   0          
Unrealized gains/(losses) on securities, net of tax 22,710,000 [1],[2]         22,710,000  
Foreign currency translation adjustment, net of tax 3,429,000 [2]         3,429,000  
Other       7,000 (2,000)    
Common stock repurchased (94,500,000)           (94,521,000)
Balance, end of period at Mar. 31, 2023 $ 5,327,392,000 $ 685,000,000 $ 16,749,000 $ 1,830,637,000 $ 3,209,815,000 $ (91,821,000) $ (322,988,000)
[1] Net of reclassifications to earnings of realized losses of $5.6 million for the three months ended March 31, 2023. There were no reclassifications to earnings for the three months ended March 31, 2022.
[2] Net of tax expense of $8.7 million and tax benefit of $20.8 million for the three months ended March 31, 2023 and 2022, respectively.