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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income/(Loss)
Beginning Balance at Dec. 31, 2018 $ 753,954 $ 83,656 $ 600,196 $ 87,821 $ (17,719)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income attributable to the Company 19,442     19,442  
Other comprehensive income/(loss), net 11,321       11,321
Dividends paid to common shareholders (10,108)     (10,108)  
Net proceeds from issuance of:          
Net proceeds from issuance of common stock 980 104 876    
Net proceeds from issuance of inventive stock grant shares canceled or forfeited and withheld for employee taxes 170 4 166    
Amortization of stock compensation and employee stock purchase plan 1,352   1,352    
Stock options exercised 50 10 40    
Other equity adjustments 1,658   1,658    
Ending Balance at Mar. 31, 2019 778,819 83,774 604,288 97,155 (6,398)
Beginning Balance at Dec. 31, 2019 819,018 83,266 600,708 127,469 7,575
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Impact due to change in accounting principles [1] 13,492     13,492  
Net income attributable to the Company 800     800  
Other comprehensive income/(loss), net 14,489       14,489
Dividends paid to common shareholders (10,000)     (10,000)  
Repurchase of shares of common stock (12,807) (1,565) (11,242)    
Net proceeds from issuance of:          
Net proceeds from issuance of common stock 920 88 832    
Net proceeds from issuance of inventive stock grant shares canceled or forfeited and withheld for employee taxes 62 5 57    
Amortization of stock compensation and employee stock purchase plan 1,348   1,348    
Stock options exercised 55 7 48    
Other equity adjustments 1,415 (1) 1,416    
Ending Balance at Mar. 31, 2020 $ 828,792 $ 81,800 $ 593,167 $ 131,761 $ 22,064
[1] Impact due to the adoption of ASU 2016-13, Financial Instruments (Topic 326) (“ASU 2016-13”). See Part I. Item 1. “Notes to Unaudited Consolidated Financial Statements - Note 15: Recent Accounting Pronouncements.”