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Stockholders' Equity (Deficit) (Tables)
12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders' (Deficit) Equity
An analysis of stockholders’ equity is shown below (share amounts not in thousands):
 
Common Stock
 
Preferred Stock
 
Additional Paid in Capital
 
Retained
Earnings (Accumulated Deficit)
 
Accumulated Other Comprehensive Loss
 
Total Stockholders’
 Equity
 
Shares
 
Par Value
 
Shares
 
Par Value
 
 
Balance, December 31, 2016
43,261,905

 
$
433

 
1,725,000

 
$
17

 
$
242,402

 
$
78,977

 
$
(110,080
)
 
$
211,749

Net income

 

 

 

 

 
324,964

 

 
324,964

Other comprehensive loss, net of tax

 

 

 

 

 

 
33,929

 
33,929

Common stock issued at Acquisition
8,439,452

 
84

 

 

 
141,108

 

 

 
141,192

Issuance of common stock under incentive stock plans
27,131

 

 

 

 
14

 

 

 
14

Stock-based compensation

 

 

 

 
8,986

 

 

 
8,986

Repurchase of common stock
(11,346
)
 

 

 

 
(157
)
 

 

 
(157
)
Common stock dividends ($0.28 per share)

 

 

 

 

 
(13,121
)
 

 
(13,121
)
Preferred stock dividends ($8.00 per share)

 

 

 

 

 
(13,800
)
 

 
(13,800
)
Balance, December 31, 2017
51,717,142

 
517

 
1,725,000

 
17

 
392,353

 
377,020

 
(76,151
)
 
693,756

Net income

 

 

 

 

 
128,416

 

 
128,416

Other comprehensive loss, net of tax

 

 

 

 

 

 
(57,121
)
 
(57,121
)
Issuance of common stock under incentive stock plans
301,560

 
3

 

 

 
448

 

 

 
451

Stock-based compensation

 

 

 

 
13,007

 

 

 
13,007

Repurchase of common stock
(2,727,572
)
 
(27
)
 

 

 
(6,318
)
 
(36,435
)
 

 
(42,780
)
ASU 2018-02 adoption

 

 

 

 

 
22,425

 
(22,425
)


Common stock dividends ($0.28 per share)

 

 

 

 

 
(15,058
)
 

 
(15,058
)
Preferred stock dividends ($8.00 per share)

 

 

 

 

 
(13,800
)
 

 
(13,800
)
Balance, December 31, 2018
49,291,130

 
493

 
1,725,000

 
17

 
399,490

 
462,568

 
(155,697
)
 
706,871

Net income

 

 

 

 

 
(22,450
)
 

 
(22,450
)
Other comprehensive income, net of tax

 

 

 

 

 

 
16,470

 
16,470

Preferred stock converted to common stock
13,361,678

 
133

 
(1,725,000
)
 
(17
)
 
(116
)
 

 

 

Issuance of common stock under incentive stock plans
978,091

 
10

 

 

 
(10
)
 

 

 

Stock-based compensation

 

 

 

 
6,531

 

 

 
6,531

Repurchase of common stock
(494,770
)
 
(4
)
 

 

 
(6,875
)
 

 

 
(6,879
)
Common stock dividends ($0.14 per share)

 

 

 

 

 
(7,395
)
 

 
(7,395
)
Preferred stock dividends ($6.00 per share)

 

 

 

 

 
(10,350
)
 

 
(10,350
)
Balance, December 31, 2019
63,136,129

 
$
632

 

 
$

 
$
399,020

 
$
422,373

 
$
(139,227
)
 
$
682,798