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Stockholders' Equity
 9 Months Ended
Sep. 30, 2020
Stockholders' Equity Note [Abstract]  
Stockholders' Equity STOCKHOLDERS’ EQUITY
The following table summarizes information about shares of the Company’s common stock at:
 September 30,December 31,
(In thousands)20202019
Common stock authorized75,000 75,000 
Common stock issued28,241 28,133 
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 indicated:
 Three Months Ended 
September 30,		Nine Months Ended 
September 30,
(In thousands)2020201920202019
Weighted average shares outstanding for basic earnings per share
25,162 25,031 25,125 24,984 
Common stock equivalents pertaining to stock-based awards
151 125 95 69 
Weighted average shares outstanding for diluted earnings per share
25,313 25,156 25,220 25,053 
Equity instruments excluded from diluted net earnings per share calculation as the effect would have been anti-dilutive
119 123 113 122 

The table below summarizes the regular quarterly dividends declared and paid during the periods ended September 30, 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 
Second Quarter 20200.65 06/05/2006/19/2016,349 
Third Quarter 20200.75 09/04/2009/18/2018,865 
Total 2020$2.05 $51,535 
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, 2019346,148 $87.54 
Issued4,582 89.53 
Granted150,319 97.70 
Dividend equivalents8,185 86.22 
Forfeited(15,219)91.53 
Vested(153,411)87.64 
Outstanding at September 30, 2020340,604 $89.98 

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, 2019129,128 $96.21 
Granted66,029 98.98
Dividend equivalents2,636 87.02
Forfeited(73,581)107.91
Vested(5,152)100.46
Outstanding at September 30, 2020119,060 $89.92