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Stockholders' Equity
6 Months Ended
Jun. 30, 2019
Stockholders' Equity Note [Abstract]  
Stockholders' Equity STOCKHOLDERS’ EQUITY
The following table summarizes information about shares of the Company’s common stock at:
 June 30,December 31,
(In thousands)20192018
Common stock authorized75,000 75,000 
Common stock issued28,113 27,948 
Treasury stock3,087 3,087 

The following reconciliation details the denominator used in the computation of basic and diluted earnings per share for the periods:
 Three Months Ended 
June 30,
Six Months Ended 
June 30,
(In thousands)2019201820192018
Weighted average shares outstanding for basic earnings per share
25,024 25,233 24,963 25,195 
Common stock equivalents pertaining to stock-based awards
67 221 42 332 
Weighted average shares outstanding for diluted earnings per share
25,091 25,454 25,005 25,527 
Equity instruments excluded from diluted net earnings per share calculation as the effect would have been anti-dilutive
122 464 122 463 
The table below summarizes the regular quarterly dividends declared and paid during the periods ended June 30, 2019 and December 31, 2018:
(In thousands, except per share data)Per ShareRecord DatePayment DateTotal Paid
First Quarter 2018$0.55 03/16/1803/29/18$13,858 
Second Quarter 20180.60 06/04/1806/15/1815,127 
Third Quarter 20180.60 08/31/1809/14/1815,129 
Fourth Quarter 20180.60 11/26/1812/07/1815,156 
Total 2018$2.35 $59,270 
First Quarter 2019$0.60 03/08/1903/22/19$14,999 
Second Quarter 20190.65 06/07/1906/21/1916,267 
Total 2019$1.25 $31,266 

Deferred and Restricted Stock Units

The LCI Industries 2018 Omnibus Incentive Plan (“the 2018 Plan”) provides for the grant or issuance of stock units, including those that have deferral periods, such as deferred stock units (“DSUs”), and those with time-based vesting provisions, such as restricted stock units (“RSUs”), to directors, employees and other eligible persons. Recipients of DSUs and RSUs are entitled to receive shares at the end of a specified vesting or deferral period. Holders of DSUs and RSUs receive dividend equivalents based on dividends granted to holders of the common stock, which dividend equivalents are payable in additional DSUs and RSUs, and are subject to the same vesting criteria as the original grant.

DSUs vest (i) ratably over the service period, (ii) at a specified future date, or (iii) for certain officers, based on achievement of specified performance conditions. RSUs vest (i) ratably over the service period or (ii) at a specified future date. In addition, DSUs are issued in lieu of certain cash compensation.

Transactions in DSUs and RSUs under the LCI Industries Equity Award and Incentive Plan, as Amended and Restated (“the 2011 Plan”) or the 2018 Plan, as applicable, are summarized as follows:
Number of SharesWeighted Average Price
Outstanding at December 31, 2018264,406 $83.84 
Issued3,436 82.84 
Granted248,043 80.89 
Dividend equivalents5,642 81.42 
Forfeited(6,175)91.37 
Vested(148,538)74.58 
Outstanding at June 30, 2019366,814 $84.45 

Stock Awards and Performance Stock Units

The 2011 Plan provides for stock awards and the 2018 Plan provides for performance stock units (“PSUs”) that vest at a specific future date based on achievement of specified performance conditions.
Transactions in performance-based stock awards and PSUs under the 2011 Plan or the 2018 Plan, as applicable, are summarized as follows:
Number of SharesWeighted Average Price
Outstanding at December 31, 2018187,368 $91.39 
Granted48,995 78.11 
Dividend equivalents1,998 81.33 
Forfeited(8,459)106.10 
Vested(102,434)77.93 
Outstanding at June 30, 2019127,468 $96.12