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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Retained Earnings
Adoption of ASU 2017-08
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Total Stockholders' Equity
Adoption of ASU 2017-08
Total Stockholders' Equity
Noncontrolling Interest
Adoption of ASU 2017-08
Total
Balance at Dec. 31, 2017 $ 108,862   $ 363,794 $ (670) $ (3,408)   $ 468,578 $ 89   $ 468,667
Balance (in shares) at Dec. 31, 2017 25,025,933                  
Increase (Decrease) in Stockholders' Equity                    
Net income     80,411       80,411     80,411
Other comprehensive income (loss), net of tax       (5,280)     (5,280)     (5,280)
Cash dividends declared     (25,291)       (25,291)     (25,291)
Treasury shares purchased under deferred directors' plan $ (463)       463   0      
Treasury shares purchased under deferred directors' plan (in shares) (9,625)                  
Treasury shares sold and distributed under deferred directors' plan $ (115)       115   0      
Treasury shares sold and distributed under deferred directors' plan (in shares) 5,636                  
Stock activity under equity compensation plans $ 2,435           2,435     2,435
Stock activity under equity compensation plans (in shares) 106,829                  
Stock based compensation expense $ 5,608           5,608     5,608
Balance (Accounting Standards Update 2018-02) at Dec. 31, 2018     173 (173)     0      
Balance (Accounting Standards Update 2014-09) at Dec. 31, 2018     24       24     24
Balance (Accounting Standards Update 2016-01) at Dec. 31, 2018     68 (68)     0      
Balance at Dec. 31, 2018 $ 112,383   419,179 (6,191) (3,756)   521,615 89   521,704
Balance (in shares) at Dec. 31, 2018 25,128,773                  
Increase (Decrease) in Stockholders' Equity                    
Net income     87,047       87,047     87,047
Other comprehensive income (loss), net of tax       18,250     18,250     18,250
Cash dividends declared     (29,652)       (29,652)     (29,652)
Cashless exercise of warrants             0      
Cashless exercise of warrants (in shares) 224,066                  
Treasury shares purchased under deferred directors' plan $ (515)       515   0      
Treasury shares purchased under deferred directors' plan (in shares) (11,481)                  
Treasury shares sold and distributed under deferred directors' plan $ (118)       118   0      
Treasury shares sold and distributed under deferred directors' plan (in shares) 5,699                  
Stock activity under equity compensation plans $ 2,109           2,109     2,109
Stock activity under equity compensation plans (in shares) 97,218                  
Stock based compensation expense $ 4,187           4,187     4,187
Balance (Accounting Standards Update 2016-01) at Dec. 31, 2019   $ (1,327)       $ (1,327)     $ (1,327)  
Balance at Dec. 31, 2019 $ 114,858   475,247 12,059 (4,153)   598,011 89   598,100
Balance (in shares) at Dec. 31, 2019 25,444,275                  
Increase (Decrease) in Stockholders' Equity                    
Cumulative period adjustment made to retained earnings                   475,247
Net income     84,337       84,337     84,337
Other comprehensive income (loss), net of tax       15,685     15,685     15,685
Cash dividends declared     (30,579)       (30,579)     (30,579)
Treasury shares purchased under share repurchase plan $ 0       (10,012)   (10,012)     (10,012)
Treasury shares purchased under share repurchase plan (in shares) (289,101)                  
Treasury shares purchased under deferred directors' plan $ (535)       535   0      
Treasury shares purchased under deferred directors' plan (in shares) (11,566)                  
Treasury shares sold and distributed under deferred directors' plan $ (119)       119   0      
Treasury shares sold and distributed under deferred directors' plan (in shares) 5,748                  
Stock activity under equity compensation plans $ 2,137           2,137     2,137
Stock activity under equity compensation plans (in shares) 90,392                  
Stock based compensation expense $ 1,790           1,790     1,790
Balance at Dec. 31, 2020 $ 114,927   $ 529,005 $ 27,744 $ (14,581)   $ 657,095 $ 89   657,184
Balance (in shares) at Dec. 31, 2020 25,239,748                  
Increase (Decrease) in Stockholders' Equity                    
Cumulative period adjustment made to retained earnings                   $ 529,005