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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock Outstanding
Common Stock
Value of Shares Held in Rabbi Trust at Cost
Deferred Compensation Obligation
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2015 $ 771,463   $ 260 $ (3,958) $ 3,958 $ 405,486 $ 368,169 $ (2,452)
Beginning balance (in shares) at Dec. 31, 2015   26,236,352            
Net income 76,648           $ 76,648  
Other comprehensive income 1,115             1,115
Common Stock, Dividends, Per Share, Declared             $ 1.16  
Common dividend declared (30,722)           $ (30,722)  
Common stock issued for acquisition 40,730   7     40,723    
Common stock issued for acquisition (in shares)   672,665            
Proceeds from exercise of stock options, net of cash paid 201         201    
Proceeds from exercise of stock options (in shares)   13,449            
Tax benefit related to equity award activity 476         476    
Stock based compensation 2,965         2,965    
Restricted stock awards issued, net of awards surrendered (in shares)   33,432            
Restricted stock awards issued, net of awards surrendered (696)   1     (697)    
Stock Issued During Period, Shares, Other   49,915            
Stock Issued During Period, Value, Other 2,323         2,323    
Increase (Decrease) in Deferred Compensation       (319) 319      
Tax benefit related to deferred compensation distributions 187         187    
Ending balance (in shares) at Dec. 31, 2016   27,005,813            
Ending balance at Dec. 31, 2016 864,690   268 (4,277) 4,277 451,664 414,095 (1,337)
Net income 87,204           $ 87,204  
Other comprehensive income (494)             (494)
Common Stock, Dividends, Per Share, Declared             $ 1.28  
Common dividend declared (34,997)           $ (34,997)  
Common stock issued for acquisition 23,468   4     23,464    
Common stock issued for acquisition (in shares)   369,286            
Proceeds from exercise of stock options, net of cash paid 214   0     214    
Proceeds from exercise of stock options (in shares)   19,340            
Stock based compensation 3,333         3,333    
Restricted stock awards issued, net of awards surrendered (in shares)   31,665            
Restricted stock awards issued, net of awards surrendered (1,422)   1     (1,423)    
Stock Issued During Period, Shares, Other   24,086            
Stock Issued During Period, Value, Other 1,636         1,636    
Increase (Decrease) in Deferred Compensation 0     (313) 313      
Ending balance (in shares) at Dec. 31, 2017   27,450,190            
Ending balance at Dec. 31, 2017 943,809   273 (4,590) 4,590 479,430 465,937 (1,831)
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets [1] 177         542 (365)  
Prior Period Reclassification Adjustment 0 [2]           397 [3] (397) [3]
Net income 121,622           $ 121,622  
Other comprehensive income 1,886             1,886
Common Stock, Dividends, Per Share, Declared             $ 1.52  
Common dividend declared (42,051)           $ (42,051)  
Common stock issued for acquisition 42,474   5     42,469    
Common stock issued for acquisition (in shares)   528,353            
Proceeds from exercise of stock options, net of cash paid 184         184    
Proceeds from exercise of stock options (in shares)   23,195            
Stock based compensation 4,225         4,225    
Restricted stock awards issued, net of awards surrendered (in shares)   43,383            
Restricted stock awards issued, net of awards surrendered (1,371)   1     (1,372)    
Stock Issued During Period, Shares, Other   35,287            
Stock Issued During Period, Value, Other 2,712         2,712    
Increase (Decrease) in Deferred Compensation and Other Retirement Benefits       (128) 128      
Ending balance (in shares) at Dec. 31, 2018   28,080,408            
Ending balance at Dec. 31, 2018 1,073,490   $ 279 $ (4,718) $ 4,718 $ 527,648 546,736 (1,173)
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets $ 0 [3]           $ 831 [2] $ (831) [2]
[1] Represents adjustment needed to reflect the cumulative impact on retained earnings for previously recognized stock based compensation, which included an adjustment for estimated forfeitures. Pursuant to the Company's adoption of Accounting Standards Update 2016-09, the Company has elected to recognize stock based compensation without inclusion of a forfeiture estimate, and as such has recognized this adjustment to present retained earnings consistent with this election.
[2] Represents adjustment needed to reflect the cumulative impact on retained earnings for the classification and measurement of investments in equity securities. Pursuant to the Company's adoption of Accounting Standards Update 2016-01, the Company's investments in equity securities will no longer be classified as available for sale, therefore the Company was required to reclassify the net unrealized gain recognized on the change in fair value of these equity securities from other comprehensive income to retained earnings.
[3] Represents adjustment needed to reflect the cumulative impact on retained earnings for reclassification of the income tax effects attributable to accumulated other comprehensive income, as a result of the Tax Cuts and Jobs Act (the "Tax Act"). Pursuant to the Company's adoption of Accounting Standards Update 2018-02, the Company has elected to reclassify amounts stranded in other comprehensive income to retained earnings.