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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Total Stockholders' Equity of WSFS
Common Stock
Capital in Excess of Par Value
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Treasury Stock
Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2020     57,575,783          
Beginning 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) 160,752 160,749       160,749   3
Other comprehensive (loss) income (45,769) (45,769)     (45,769)      
Cash dividend (11,879) (11,879)       (11,879)    
Issuance of common stock including proceeds from exercise of common stock options (in shares)     46,368          
Issuance of common stock including proceeds from exercise of common stock options 176 176 $ 1 175        
Stock-based compensation expense 2,262 2,262   2,262        
Repurchases of common stock [1] (13,211) (13,211)   (1,183)     (12,028)  
Ending balance (in shares) at Jun. 30, 2021     57,622,151          
Ending balance at Jun. 30, 2021 1,881,811 1,884,054 $ 577 1,054,276 10,238 1,126,284 (307,321) (2,243)
Beginning balance (in shares) at Mar. 31, 2021     57,589,330          
Beginning balance at Mar. 31, 2021 1,768,454 1,770,641 $ 576 1,054,291 (13,702) 1,036,797 (307,321) (2,187)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 95,611 95,667       95,667   (56)
Other comprehensive (loss) income 23,940 23,940     23,940      
Cash dividend (6,180) (6,180)       (6,180)    
Issuance of common stock including proceeds from exercise of common stock options (in shares)     32,821          
Issuance of common stock including proceeds from exercise of common stock options 61 61 $ 1 60        
Stock-based compensation expense 1,107 1,107   1,107        
Repurchases of common stock [1] (1,182) (1,182)   (1,182)        
Ending balance (in shares) at Jun. 30, 2021     57,622,151          
Ending balance at Jun. 30, 2021 1,881,811 1,884,054 $ 577 1,054,276 10,238 1,126,284 (307,321) (2,243)
Beginning balance (in shares) at Dec. 31, 2021     57,695,676          
Beginning balance at Dec. 31, 2021 1,937,016 1,939,099 $ 577 1,058,997 (37,768) 1,224,614 (307,321) (2,083)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 64,869 64,544       64,544   325
Other comprehensive (loss) income (481,110) (481,110)     (481,110)      
Cash dividend (16,966) (16,966)       (16,966)    
Contributions from noncontrolling shareholders 187             187
Issuance of common stock including proceeds from exercise of common stock options (in shares)     57,776          
Issuance of common stock including proceeds from exercise of common stock options 432 432 $ 1 431        
Issuance of common stock in acquisition of BMT (in shares)     18,116,848          
Issuance of common stock in acquisition of BMT 908,016 908,016 $ 181 907,835        
Noncontrolling interest assumed in acquisition (913)             (913)
Stock-based compensation expense 3,061 3,061   3,061        
Repurchases of common stock [2] (101,716) (101,716)   (2,149)     (99,567)  
Ending balance (in shares) at Jun. 30, 2022     75,870,300          
Ending balance at Jun. 30, 2022 2,312,876 2,315,360 $ 759 1,968,175 (518,878) 1,272,192 (406,888) (2,484)
Beginning balance (in shares) at Mar. 31, 2022     75,832,292          
Beginning balance at Mar. 31, 2022 2,517,817 2,520,463 $ 758 1,967,972 (313,780) 1,219,882 (354,369) (2,646)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 60,902 60,740       60,740   162
Other comprehensive (loss) income (205,098) (205,098)     (205,098)      
Cash dividend (8,430) (8,430)       (8,430)    
Issuance of common stock including proceeds from exercise of common stock options (in shares)     38,008          
Issuance of common stock including proceeds from exercise of common stock options 3 3 $ 1 2        
Stock-based compensation expense 1,728 1,728   1,728        
Repurchases of common stock [3] (54,046) (54,046)   (1,527)     (52,519)  
Ending balance (in shares) at Jun. 30, 2022     75,870,300          
Ending balance at Jun. 30, 2022 $ 2,312,876 $ 2,315,360 $ 759 $ 1,968,175 $ (518,878) $ 1,272,192 $ (406,888) $ (2,484)
[1] Repurchase of common stock includes 267,309 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors and 17,732 shares withheld to cover tax liabilities.
[2] Repurchase of common stock includes 2,124,587 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors, and 100,093 shares withheld to cover tax liabilities.
[3] Repurchase of common stock includes 1,185,602 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors, and 96,663 shares withheld to cover tax liabilities.