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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Total Stockholders' Equity of WSFS
Common Stock
Capital in Excess of Par Value
Accumulated Other Comprehensive Loss
Retained Earnings
Treasury Stock
Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2022     75,921,997          
Beginning balance at Dec. 31, 2022 $ 2,201,886 $ 2,205,113 $ 759 $ 1,974,210 $ (675,844) $ 1,411,243 $ (505,255) $ (3,227)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 205,520 205,248       205,248   272
Other comprehensive (loss) income (104,867) (104,867)     (104,867)      
Cash dividend (27,633) (27,633)       (27,633)    
Distributions to noncontrolling shareholders (4,462)             (4,462)
Issuance of common stock including proceeds from exercise of common stock options (in shares)     121,905          
Issuance of common stock including proceeds from exercise of common stock options 2,420 2,420 $ 2 2,418        
Stock-based compensation expense 7,211 7,211   7,211        
Repurchases of common shares [1] (44,697) (44,697)   (2,365)     (42,332)  
Ending balance (in shares) at Sep. 30, 2023     76,043,902          
Ending balance at Sep. 30, 2023 2,235,378 2,242,795 $ 761 1,981,474 (780,711) 1,588,858 (547,587) (7,417)
Beginning balance (in shares) at Jun. 30, 2023     76,021,963          
Beginning balance at Jun. 30, 2023 2,307,384 2,314,659 $ 760 1,977,945 (656,059) 1,523,849 (531,836) (7,275)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 74,263 74,166       74,166   97
Other comprehensive (loss) income (124,652) (124,652)     (124,652)      
Cash dividend (9,157) (9,157)       (9,157)    
Distributions to noncontrolling shareholders (239)             (239)
Issuance of common stock including proceeds from exercise of common stock options (in shares)     21,939          
Issuance of common stock including proceeds from exercise of common stock options 2,058 2,058 $ 1 2,057        
Stock-based compensation expense 1,472 1,472   1,472        
Repurchases of common shares [2] (15,751) (15,751)   0     (15,751)  
Ending balance (in shares) at Sep. 30, 2023     76,043,902          
Ending balance at Sep. 30, 2023 2,235,378 2,242,795 $ 761 1,981,474 (780,711) 1,588,858 (547,587) (7,417)
Beginning balance (in shares) at Dec. 31, 2023     76,095,094          
Beginning balance at Dec. 31, 2023 2,469,815 2,477,636 $ 761 1,984,746 (593,991) 1,643,657 (557,537) (7,821)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 199,340 199,469       199,469   (129)
Other comprehensive (loss) income 93,974 93,974     93,974      
Cash dividend (26,983) (26,983)       (26,983)    
Distributions to noncontrolling shareholders (3,299)             (3,299)
Issuance of common stock including proceeds from exercise of common stock options (in shares) [3]     151,677          
Issuance of common stock including proceeds from exercise of common stock options [3] 337 337 $ 1 336        
Stock-based compensation expense 8,990 8,990   8,990        
Repurchases of common shares [4] (75,159) (75,159)         (75,159)  
Ending balance (in shares) at Sep. 30, 2024     76,246,771          
Ending balance at Sep. 30, 2024 2,667,015 2,678,264 $ 762 1,994,072 (500,017) 1,816,143 (632,696) (11,249)
Beginning balance (in shares) at Jun. 30, 2024     76,208,354          
Beginning balance at Jun. 30, 2024 2,478,357 2,489,580 $ 762 1,989,289 (642,878) 1,760,598 (618,191) (11,223)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 64,409 64,435       64,435   (26)
Other comprehensive (loss) income 142,861 142,861     142,861      
Cash dividend (8,890) (8,890)       (8,890)    
Issuance of common stock including proceeds from exercise of common stock options (in shares) [5]     38,417          
Issuance of common stock including proceeds from exercise of common stock options [5] 1,436 1,436   1,436        
Stock-based compensation expense 2,813 2,813   2,813        
Repurchases of common shares [6] (13,971) (13,971)   534     (14,505)  
Ending balance (in shares) at Sep. 30, 2024     76,246,771          
Ending balance at Sep. 30, 2024 $ 2,667,015 $ 2,678,264 $ 762 $ 1,994,072 $ (500,017) $ 1,816,143 $ (632,696) $ (11,249)
[1] Repurchase of common stock includes 1,006,178 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors, and 45,489 shares withheld to cover tax liabilities.
[2] Repurchase of common stock includes 386,900 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors.
[3] Issuance of common stock includes 51,714 shares withheld to cover tax liabilities.
[4] Repurchase of common stock includes 1,656,501 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors.
[5] Issuance of common stock includes 1,610 shares withheld to cover tax liabilities.
[6] Repurchase of common stock includes 266,672 shares repurchased in connection with the Company's share repurchase program approved by the Board of Directors.