XML 40 R30.htm IDEA: XBRL DOCUMENT v3.20.1
Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2020
Stockholders' Equity Note [Abstract]  
Summary Of Common Stock Information
The following table summarizes information about shares of the Company’s common stock at:
 March 31,December 31,
(In thousands)20202019
Common stock authorized75,000  75,000  
Common stock issued28,221  28,133  
Treasury stock3,087  3,087  
Schedule Of Computation Of Basic And Diluted Earnings Per Share
The following reconciliation details the denominator used in the computation of basic and diluted earnings per share for the periods indicated:
 Three Months Ended 
March 31,
(In thousands)20202019
Weighted average shares outstanding for basic earnings per share
25,075  24,914  
Common stock equivalents pertaining to stock-based awards
68  15  
Weighted average shares outstanding for diluted earnings per share
25,143  24,929  
Equity instruments excluded from diluted net earnings per share calculation as the effect would have been anti-dilutive
109  122  
Schedule of Dividends Declared
The table below summarizes the regular quarterly dividends declared and paid during the periods ended March 31, 2020 and December 31, 2019:
(In thousands, except per share data)Per ShareRecord DatePayment DateTotal Paid
First Quarter 2019$0.60  03/08/1903/22/19$14,999  
Second Quarter 20190.65  06/07/1906/21/1916,267  
Third Quarter 20190.65  09/06/1909/20/1916,267  
Fourth Quarter 20190.65  12/06/1912/20/1916,280  
Total 2019$2.55  $63,813  
First Quarter 2020$0.65  03/06/2003/20/20$16,321  
Deferred And Restricted Stock Units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock Awards and Units Activity
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, 2019346,148  $87.54  
Issued2,175  66.83  
Granted135,475  98.01  
Dividend equivalents3,849  58.70  
Forfeited(3,354) 92.45  
Vested(130,266) 87.61  
Outstanding at March 31, 2020354,027  $89.73  
Stock Awards and Performance Stock Units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Stock Awards and Units Activity
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, 2019129,128  $96.21  
Granted57,333  96.55
Dividend equivalents1,193  58.70
Forfeited(73,581) 107.91
Vested(5,152) 100.46
Outstanding at March 31, 2020108,921  $87.92