XML 26 R8.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Cumulative change in accounting principle
Balance, January 1, 2020 (as adjusted for change in accounting principle)
Total Stockholders’ Equity of WSFS
Total Stockholders’ Equity of WSFS
Cumulative change in accounting principle
Total Stockholders’ Equity of WSFS
Balance, January 1, 2020 (as adjusted for change in accounting principle)
Common Stock
Common Stock
Balance, January 1, 2020 (as adjusted for change in accounting principle)
Capital in Excess of Par Value
Capital in Excess of Par Value
Balance, January 1, 2020 (as adjusted for change in accounting principle)
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Balance, January 1, 2020 (as adjusted for change in accounting principle)
Retained Earnings
Retained Earnings
Cumulative change in accounting principle
Retained Earnings
Balance, January 1, 2020 (as adjusted for change in accounting principle)
Treasury Stock
Treasury Stock
Balance, January 1, 2020 (as adjusted for change in accounting principle)
Non-controlling Interest
Non-controlling Interest
Balance, January 1, 2020 (as adjusted for change in accounting principle)
Beginning Balance (in shares) at Dec. 31, 2018             56,926,978                        
Beginning balance at Dec. 31, 2018 $ 820,920     $ 820,920     $ 569   $ 349,810   $ (15,394)   $ 791,031     $ (305,096)   $ 0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income (loss) 147,918     148,809                 148,809         (891)  
Other comprehensive income (loss) 38,895     38,895             38,895                
Cash dividend (22,463)     (22,463)                 (22,463)            
Issuance of common stock including proceeds from exercise of common stock options (in shares)             508,680                        
Issuance of common stock including proceeds from exercise of common stock options 7,755     7,755     $ 6   7,749                    
Re-issuance of treasury stock in connection with BNCL merger and related items 950,044     949,968         687,897             262,071   76  
Stock-based compensation expense 3,608     3,608         3,608                    
Repurchases of common stock (97,186)     (97,186)                       (97,186)      
Ending Balance (in shares) at Dec. 31, 2019             57,435,658 57,435,658                      
Ending balance at Dec. 31, 2019 1,849,491 $ (30,368) $ 1,819,123 1,850,306 $ (30,368) $ 1,819,938 $ 575 $ 575 1,049,064 $ 1,049,064 23,501 $ 23,501 917,377 $ (30,368) $ 887,009 (140,211) $ (140,211) (815) $ (815)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income (loss) 113,320     114,774                 114,774         (1,454)  
Other comprehensive income (loss) 32,506     32,506             32,506                
Cash dividend (24,369)     (24,369)                 (24,369)            
Issuance of common stock including proceeds from exercise of common stock options (in shares)             140,125                        
Issuance of common stock including proceeds from exercise of common stock options 2,032     2,032     $ 1   2,031                    
Contributions from noncontrolling shareholders 23                                 23  
Stock-based compensation expense 2,677     2,677         2,677                    
Repurchases of common stock [1] (155,832)     (155,832)         (750)             (155,082)      
Ending Balance (in shares) at Dec. 31, 2020             57,575,783                        
Ending balance at Dec. 31, 2020 1,789,480     1,791,726     $ 576   1,053,022   56,007   977,414     (295,293)   (2,246)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income (loss) 271,605     271,442                 271,442         163  
Other comprehensive income (loss) (93,775)     (93,775)             (93,775)                
Cash dividend (24,242)     (24,242)                 (24,242)            
Issuance of common stock including proceeds from exercise of common stock options (in shares)             119,893                        
Issuance of common stock including proceeds from exercise of common stock options 1,522     1,522     $ 1   1,521                    
Stock-based compensation expense 5,694     5,694         5,694                    
Repurchases of common stock [1] (13,268)     (13,268)         (1,240)             (12,028)      
Ending Balance (in shares) at Dec. 31, 2021             57,695,676                        
Ending balance at Dec. 31, 2021 $ 1,937,016     $ 1,939,099     $ 577   $ 1,058,997   $ (37,768)   $ 1,224,614     $ (307,321)   $ (2,083)  
[1] Repurchase of common stock for the years ended December 31, 2021 and 2020 included 267,309 and 3,950,855 shares repurchased, respectively, in connection with the Company's share buyback program approved by the Board of Directors, and 31,188 and 24,910 shares withheld, respectively, to cover tax liabilities.