Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited)

v3.22.2
CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Class A Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Treasury Stock
Class A Common Stock
Retained Earnings
Class B Common Stock
Class B Common Stock
Common Stock
Class B Common Stock
Retained Earnings
Beginning balance at Dec. 31, 2020 $ 814,800 $ 767,500 $ 721,800 $ (3,600)   $ 700 $ (671,700)     $ 100  
Beginning balance (shares) at Dec. 31, 2020           65,600 35,800     12,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares awarded under stock compensation plan 6,800 6,800       $ 0          
Shares awarded under stock compensation plan (shares)           800          
Purchase of treasury stock (42,200)           $ (42,200)        
Purchases of treasury stock (shares)             (1,000)        
Change in fair value of interest rate swap and interest rate cap agreements, net of tax expense of $1,563 600     600              
Restricted stock amortization   7,500                  
Net income (loss) 168,100   168,100                
Dividends, Common Stock         $ 6,500     $ 6,500 $ 2,700   $ 2,700
Ending balance at Jun. 30, 2021 946,400 781,800 880,700 (3,000)   $ 700 $ (713,900)     $ 100  
Ending balance (shares) at Jun. 30, 2021           66,400 36,800     12,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared per common share (usd per share)         $ 0.22       $ 0.22    
Tax effect on fair value of interest rate swap and rate cap agreements 300                    
Beginning balance at Mar. 31, 2021 826,500 771,100 771,900 (3,400)   $ 700 $ (713,900)     $ 100  
Beginning balance (shares) at Mar. 31, 2021           66,000 36,800     12,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares awarded under stock compensation plan 6,800 6,800       $ 0          
Shares awarded under stock compensation plan (shares)           400          
Purchase of treasury stock 0           $ 0        
Purchases of treasury stock (shares)             0        
Change in fair value of interest rate swap and interest rate cap agreements, net of tax expense of $1,563 400     400              
Restricted stock amortization 3,900 3,900                  
Net income (loss) 113,800   113,800                
Dividends, Common Stock         $ 3,600     3,600 $ 1,400   1,400
Ending balance at Jun. 30, 2021 946,400 781,800 880,700 (3,000)   $ 700 $ (713,900)     $ 100  
Ending balance (shares) at Jun. 30, 2021           66,400 36,800     12,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared per common share (usd per share)         $ 0.12       $ 0.12    
Tax effect on fair value of interest rate swap and rate cap agreements 100                    
Retained Earnings (Accumulated Deficit) 1,051,700                    
Beginning balance at Dec. 31, 2021 1,076,400 790,200 1,051,700 (1,300)   $ 700 $ (765,000)     $ 100  
Beginning balance (shares) at Dec. 31, 2021           66,500 37,800     12,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares awarded under stock compensation plan 1,300 1,300       $ 0          
Shares awarded under stock compensation plan (shares)           600          
Purchase of treasury stock (93,100)           $ (93,100)        
Purchases of treasury stock (shares)             (2,100)        
Change in fair value of interest rate swap and interest rate cap agreements, net of tax expense of $1,563 500     500              
Restricted stock amortization   13,100                  
Net income (loss) 192,100   192,100                
Dividends, Common Stock         $ 14,300     14,300 $ 6,000   6,000
Ending balance at Jun. 30, 2022 1,170,000 804,600 1,223,500 (800)   $ 700 $ (858,100)     $ 100  
Ending balance (shares) at Jun. 30, 2022           67,100 39,900     12,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared per common share (usd per share)         $ 0.37       $ 0.37    
APIC, Share-based Payment Arrangement, Increase for Cost Recognition   13,100                  
Tax effect on fair value of interest rate swap and rate cap agreements 200                    
Beginning balance at Mar. 31, 2022 1,135,000 795,100 1,138,900 (1,100)   $ 700 $ (798,700)     $ 100  
Beginning balance (shares) at Mar. 31, 2022           67,000 38,500     12,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares awarded under stock compensation plan 900 900       $ 0          
Shares awarded under stock compensation plan (shares)           100          
Purchase of treasury stock (59,400)           $ (59,400)        
Purchases of treasury stock (shares)             (1,400)        
Change in fair value of interest rate swap and interest rate cap agreements, net of tax expense of $1,563 300     300              
Restricted stock amortization 8,600                    
Net income (loss) 94,800   94,800                
Dividends, Common Stock         $ 7,200     $ 7,200 $ 3,000   $ 3,000
Ending balance at Jun. 30, 2022 1,170,000 804,600 $ 1,223,500 $ (800)   $ 700 $ (858,100)     $ 100  
Ending balance (shares) at Jun. 30, 2022           67,100 39,900     12,000  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Dividends declared per common share (usd per share)         $ 0.25       $ 0.25    
APIC, Share-based Payment Arrangement, Increase for Cost Recognition   $ 8,600                  
Tax effect on fair value of interest rate swap and rate cap agreements 100                    
Retained Earnings (Accumulated Deficit) $ 1,223,500