| Schedule of Stockholders Equity |
The following tables present changes in our equity for the six months ended June 30, 2024 and 2023 (in thousands, except shares and per share amounts):
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Common Stock |
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Treasury Stock |
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Additional Paid-in Capital |
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Accum.
Other
Comp.
Income (Loss) |
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Retained Earnings |
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Total
Equity |
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Shares |
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Amount |
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For the six months ended June 30, 2024: |
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Balances as of December 31, 2023 |
23,007,681 |
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$ |
78 |
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$ |
(144,998) |
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$ |
14,613 |
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$ |
1,831 |
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$ |
1,171,672 |
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$ |
1,043,196 |
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| Net income |
— |
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— |
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— |
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— |
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— |
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114,417 |
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114,417 |
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| Issuance of common stock related to stock split |
— |
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153 |
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— |
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(153) |
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— |
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— |
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— |
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Dividends paid — $1.17 per share of common stock |
— |
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— |
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— |
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— |
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— |
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(26,907) |
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(26,907) |
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| Share-based compensation, net of forfeitures |
8,373 |
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— |
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4,698 |
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(1,297) |
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— |
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15 |
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3,416 |
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| Repurchases of common stock and related excise taxes |
(20,106) |
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— |
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(10,445) |
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— |
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— |
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— |
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(10,445) |
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| Shares exchanged for tax withholdings |
(2,469) |
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— |
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(1,207) |
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— |
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— |
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— |
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(1,207) |
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Periodic pension costs, net of income taxes of $6 |
— |
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— |
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— |
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— |
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(21) |
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— |
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(21) |
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Balances as of March 31, 2024 |
22,993,479 |
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231 |
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(151,952) |
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13,163 |
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1,810 |
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1,259,197 |
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1,122,449 |
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| Net income |
— |
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— |
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— |
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— |
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— |
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114,589 |
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114,589 |
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Dividends paid — $1.17 per share of common stock |
— |
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— |
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— |
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— |
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— |
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(26,894) |
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(26,894) |
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| Share-based compensation, net of forfeitures |
— |
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— |
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— |
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2,700 |
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— |
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(58) |
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2,642 |
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| Repurchases of common stock and related excise taxes |
(10,087) |
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— |
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(6,344) |
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— |
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— |
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— |
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(6,344) |
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Periodic pension costs, net of income taxes of $5 |
— |
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— |
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— |
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— |
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(21) |
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— |
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(21) |
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Balances as of June 30, 2024 |
22,983,392 |
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$ |
231 |
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$ |
(158,296) |
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$ |
15,863 |
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$ |
1,789 |
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$ |
1,346,834 |
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$ |
1,206,421 |
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Common Stock |
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Treasury Stock |
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Additional Paid-in Capital |
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Accum.
Other
Comp.
Income (Loss) |
|
Retained Earnings |
|
Total
Equity |
|
Shares |
|
Amount |
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For the six months ended June 30, 2023: |
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Balances as of December 31, 2022 |
23,087,037 |
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$ |
78 |
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$ |
(104,139) |
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$ |
8,293 |
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$ |
2,516 |
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$ |
866,139 |
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$ |
772,887 |
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| Net income |
— |
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— |
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— |
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— |
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— |
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86,568 |
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86,568 |
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Dividends paid — $1.08 per share of common stock |
— |
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— |
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— |
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— |
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— |
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(25,061) |
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(25,061) |
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| Share-based compensation, net of forfeitures |
5,268 |
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— |
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3,033 |
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(560) |
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— |
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(103) |
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2,370 |
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| Repurchases of common stock and related excise taxes |
(10,881) |
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— |
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(6,749) |
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— |
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— |
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— |
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(6,749) |
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| Shares exchanged for tax withholdings |
(1,464) |
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— |
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(939) |
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— |
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— |
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— |
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(939) |
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Periodic pension costs, net of income taxes of $6 |
— |
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— |
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— |
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— |
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(25) |
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— |
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(25) |
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Balances as of March 31, 2023 |
23,079,960 |
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78 |
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(108,794) |
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|
7,733 |
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|
2,491 |
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927,543 |
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|
829,051 |
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| Net income |
— |
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— |
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— |
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— |
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— |
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|
100,393 |
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|
100,393 |
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Dividends paid — $1.08 per share of common stock |
— |
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— |
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— |
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— |
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— |
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(24,966) |
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(24,966) |
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| Share-based compensation, net of forfeitures |
— |
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|
— |
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— |
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|
2,849 |
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— |
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(43) |
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2,806 |
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| Repurchases of common stock and related excise taxes |
(42,525) |
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— |
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(19,708) |
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— |
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— |
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— |
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(19,708) |
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Periodic pension costs, net of income taxes of $8 |
— |
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— |
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— |
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— |
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(26) |
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— |
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(26) |
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Balances as of June 30, 2023 |
23,037,435 |
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$ |
78 |
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$ |
(128,502) |
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$ |
10,582 |
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$ |
2,465 |
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$ |
1,002,927 |
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$ |
887,550 |
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