Reconciliations of Equity

9 Months Ended

Sep. 30, 2022

Equity [Abstract]

Reconciliations of Equity

2.RECONCILIATIONS OF EQUITY

Below are reconciliations of total equity for the three and nine months ended September 30, 2022 and 2021:

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Common Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings
Balance, June 30, 2022	$	1,125,711		$	26,825	$	229,510	$	(172,322	)	$	(173,802	)	$	1,215,500
Issuance of 2,734 shares of common    stock under stock option plan		169			3		166		—			—			—
Purchase of 54,780 shares of common    stock		(5,281	)		—		—		(5,281	)		—			—
Stock-based and deferred compensation		3,300			1		3,360		(61	)		—			—
Net income		39,384			—		—		—			—			39,384
Other comprehensive income		(25,571	)		—		—		—			(25,571	)		—
Cash dividends paid:
Common stock ($0.335 per share)		(7,473	)		—		—		—			—			(7,473	)
Balance, September 30, 2022	$	1,130,239		$	26,829	$	233,036	$	(177,664	)	$	(199,373	)	$	1,247,411

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Common Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings
Balance, December 31, 2021	$	1,074,193		$	26,761	$	220,820	$	(153,702	)	$	(153,236	)	$	1,133,550
Issuance of 5,381 shares of common    stock under stock option plan		353			5		348		—			—			—
Purchase of 222,720 shares of common    stock		(22,257	)		—		—		(22,257	)		—			—
Stock-based and deferred compensation		10,226			63		11,868		(1,705	)		—			—
Net income		136,319			—		—		—			—			136,319
Other comprehensive income		(46,137	)		—		—		—			(46,137	)		—
Cash dividends paid:
Common stock ($1.005 per share)		(22,458	)		—		—		—			—			(22,458	)
Balance, September 30, 2022	$	1,130,239		$	26,829	$	233,036	$	(177,664	)	$	(199,373	)	$	1,247,411

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Common Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance, June 30, 2021	$	1,050,516		$	26,752	$	213,969	$	(147,494	)	$	(138,420	)	$	1,093,994		$	1,715
Issuance of 0 shares of    common stock under stock option    plan		—			—		—		—			—			—			—
Purchase of 53,058 shares of    common stock		(6,074	)		—		—		(6,074	)		—			—			—
Stock-based and deferred    compensation		3,030			1		3,046		(17	)		—			—			—
Net income		36,923			—		—		—			—			36,920			3
Other comprehensive income (loss)		(18,530	)		—		—		—			(18,533	)		—			3
Cash dividends paid:
Common stock ($0.305 per share)		(6,848	)		—		—		—			—			(6,848	)		—
Balance, September 30, 2021	$	1,059,017		$	26,753	$	217,015	$	(153,585	)	$	(156,953	)	$	1,124,066		$	1,721

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Common Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance at December 31, 2020	$	988,365		$	26,658	$	206,716	$	(133,629	)	$	(136,881	)	$	1,023,829		$	1,672
Issuance of 16,565 shares of    common stock under stock option    plan		1,087			17		1,070		—			—			—			—
Purchase of 135,103 shares of    common stock		(16,969	)		—		—		(16,969	)		—			—			—
Stock-based and deferred    compensation		6,320			78		9,229		(2,987	)		—			—			—
Net income		120,837			—		—		—			—			120,809			28
Other comprehensive income		(20,051	)		—		—		—			(20,072	)		—			21
Cash dividends paid:
Common stock ($0.915 per share)		(20,572	)		—		—		—			—			(20,572	)		—
Balance at September 30, 2021	$	1,059,017		$	26,753	$	217,015	$	(153,585	)	$	(156,953	)	$	1,124,066		$	1,721

(1)Reflects the prior year noncontrolling interest in the Company’s China joint venture which was dissolved in the fourth quarter of 2021.