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Stockholders' Equity
6 Months Ended
Jun. 30, 2021
Stockholders Equity Note [Abstract]  
Stockholders' Equity

NOTE 11 – STOCKHOLDERS’ EQUITY

Changes in stockholders’ equity for the three and six months ended June 30, 2021 and 2020 are as follows:

 

 

 

Three Months Ended June 30, 2021

 

 

 

Common Stock

 

 

Additional

Paid-in

 

 

Retained

 

 

Treasury Stock

 

 

Accumulated

Other

Comprehensive

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Shares

 

 

Amount

 

 

Loss

 

 

Total

 

Balance at March 31, 2021

 

 

18,859

 

 

$

23

 

 

$

372,420

 

 

$

604,441

 

 

 

4,602

 

 

$

(214,325

)

 

$

(11,326

)

 

$

751,233

 

Net income

 

 

 

 

 

 

 

 

 

 

 

20,312

 

 

 

 

 

 

 

 

 

 

 

 

20,312

 

Other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

432

 

 

 

432

 

Equity compensation

 

 

 

 

 

 

 

 

2,888

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,888

 

Exercise of stock options

 

 

3

 

 

 

 

 

 

71

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

71

 

Issuance of shares pursuant to vesting of restricted stock units

 

 

20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net payments for stock issuances and buybacks

 

 

(22

)

 

 

 

 

 

1,243

 

 

 

 

 

 

22

 

 

 

(2,028

)

 

 

 

 

 

(785

)

Dividends declared

 

 

 

 

 

 

 

 

 

 

 

(2,640

)

 

 

 

 

 

 

 

 

 

 

 

(2,640

)

Balance at June 30, 2021

 

 

18,860

 

 

$

23

 

 

$

376,622

 

 

$

622,113

 

 

 

4,624

 

 

$

(216,353

)

 

$

(10,894

)

 

$

771,511

 

 

 

 

Three Months Ended June 30, 2020

 

 

 

Common Stock

 

 

Additional

Paid-in

 

 

Retained

 

 

Treasury Stock

 

 

Accumulated

Other

Comprehensive

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Shares

 

 

Amount

 

 

Loss

 

 

Total

 

Balance at March 31, 2020

 

 

18,827

 

 

$

23

 

 

$

350,658

 

 

$

552,303

 

 

 

4,289

 

 

$

(188,961

)

 

$

(23,267

)

 

$

690,756

 

Net income

 

 

 

 

 

 

 

 

 

 

 

13,656

 

 

 

 

 

 

 

 

 

 

 

 

13,656

 

Other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(164

)

 

 

(164

)

Equity compensation

 

 

 

 

 

 

 

 

2,518

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,518

 

Exercise of stock options

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of shares pursuant to vesting of restricted stock units

 

 

22

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net payments for stock issuances and buybacks

 

 

 

 

 

 

 

 

1,024

 

 

 

 

 

 

 

 

 

(50

)

 

 

 

 

 

974

 

Dividends declared

 

 

 

 

 

 

 

 

 

 

 

(2,637

)

 

 

 

 

 

 

 

 

 

 

 

(2,637

)

Balance at June 30, 2020

 

 

18,849

 

 

$

23

 

 

$

354,200

 

 

$

563,322

 

 

 

4,289

 

 

$

(189,011

)

 

$

(23,431

)

 

$

705,103

 

 

 

 

Six Months Ended June 30, 2021

 

 

 

Common Stock

 

 

Additional

Paid-in

 

 

Retained

 

 

Treasury Stock

 

 

Accumulated

Other

Comprehensive

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Shares

 

 

Amount

 

 

Loss

 

 

Total

 

Balance at December 31, 2020

 

 

18,910

 

 

$

23

 

 

$

369,058

 

 

$

588,731

 

 

 

4,395

 

 

$

(196,745

)

 

$

(14,106

)

 

$

746,961

 

Net income

 

 

 

 

 

 

 

 

 

 

 

38,663

 

 

 

 

 

 

 

 

 

 

 

 

38,663

 

Other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3,212

 

 

 

3,212

 

Equity compensation

 

 

 

 

 

 

 

 

6,163

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6,163

 

Exercise of stock options

 

 

6

 

 

 

 

 

 

158

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

158

 

Issuance of shares pursuant to vesting of restricted stock units

 

 

173

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net payments for stock issuances and buybacks

 

 

(229

)

 

 

 

 

 

1,243

 

 

 

 

 

 

229

 

 

 

(19,608

)

 

 

 

 

 

(18,365

)

Dividends declared

 

 

 

 

 

 

 

 

 

 

 

(5,281

)

 

 

 

 

 

 

 

 

 

 

 

(5,281

)

Balance at June 30, 2021

 

 

18,860

 

 

$

23

 

 

$

376,622

 

 

$

622,113

 

 

 

4,624

 

 

$

(216,353

)

 

$

(10,894

)

 

$

771,511

 

 

 

 

Six Months Ended June 30, 2020

 

 

 

Common Stock

 

 

Additional

Paid-in

 

 

Retained

 

 

Treasury Stock

 

 

Accumulated

Other

Comprehensive

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Earnings

 

 

Shares

 

 

Amount

 

 

Loss

 

 

Total

 

Balance at December 31, 2019

 

 

18,868

 

 

$

23

 

 

$

346,795

 

 

$

544,840

 

 

 

3,978

 

 

$

(164,963

)

 

$

(12,144

)

 

$

714,551

 

Net income

 

 

 

 

 

 

 

 

 

 

 

24,268

 

 

 

 

 

 

 

 

 

 

 

 

24,268

 

Other comprehensive loss

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(11,287

)

 

 

(11,287

)

Equity compensation

 

 

 

 

 

 

 

 

6,344

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6,344

 

Exercise of stock options

 

 

1

 

 

 

 

 

 

37

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

37

 

Issuance of shares pursuant to vesting of restricted stock units

 

 

291

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net payments for stock issuances and buybacks

 

 

(311

)

 

 

 

 

 

1,024

 

 

 

 

 

 

311

 

 

 

(24,048

)

 

 

 

 

 

(23,024

)

Cumulative-effect adjustment for adoption of accounting principle

 

 

 

 

 

 

 

 

 

 

 

(513

)

 

 

 

 

 

 

 

 

 

 

 

(513

)

Dividends declared

 

 

 

 

 

 

 

 

 

 

 

(5,273

)

 

 

 

 

 

 

 

 

 

 

 

(5,273

)

Balance at June 30, 2020

 

 

18,849

 

 

$

23

 

 

$

354,200

 

 

$

563,322

 

 

 

4,289

 

 

$

(189,011

)

 

$

(23,431

)

 

$

705,103