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STOCKHOLDERS' EQUITY
3 Months Ended
Mar. 31, 2026
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS’ EQUITY
A summary of changes in stockholders’ equity is presented below (in thousands):
 Three Months Ended March 31, 2026
 (In thousands)
 Number of
Shares
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Total
Balance at December 31, 202568,169 $682 $— $5,194,961 $5,195,643 
Net earnings— — — 55,309 55,309 
Stock-based compensation expense— — 5,860 — 5,860 
Issuance of stock349 (3)— — 
Dividends declared— — — (32,017)(32,017)
Share repurchases(1,816)(18)(5,857)(125,151)(131,026)
Balance at March 31, 202666,702 $667 $— $5,093,102 $5,093,769 

 Three Months Ended March 31, 2025
 (In thousands)
 Number of
Shares
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Total
Balance at December 31, 202471,922 $360 $143,036 $4,998,177 $5,141,573 
Stock Split on January 2, 2025— 360 (360)— — 
Net earnings— — — 122,806 122,806 
Stock-based compensation expense— — 6,325 — 6,325 
Issuance of stock514 (5)— — 
Dividends declared— — — (30,887)(30,887)
Share repurchases(605)(7)(45,066)— (45,073)
Balance at March 31, 202571,831 $718 $103,930 $5,090,096 $5,194,744 
During the three months ended March 31, 2026 and 2025, our Board of Directors approved, and we paid, a quarterly cash dividend on common stock of $0.48 and $0.43 per share, respectively. During the three months ended March 31, 2026 and 2025, we reflected the applicable excise tax on share repurchases in Additional paid-in capital as part of the cost basis of the stock repurchased and recorded a corresponding liability in Accrued and other liabilities on the accompanying unaudited consolidated balance sheets.