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Reconciliations of Equity
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Reconciliations of Equity
2.
RECONCILIATIONS OF EQUITY

Below are reconciliations of total equity for the three months ended March 31, 2024 and 2023:

 

(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, 2023

 

$

1,216,490

 

 

$

27,006

 

 

$

247,032

 

 

$

(184,412

)

 

$

(130,602

)

 

$

1,257,466

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of 20,668 shares of common
   stock under incentive compensation plan

 

 

865

 

 

 

21

 

 

 

844

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

(2,640

)

 

 

98

 

 

 

461

 

 

 

(3,199

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

13,893

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13,893

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

(5,664

)

 

 

 

 

 

 

 

 

 

 

 

(5,664

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.375 per share)

 

 

(8,422

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(8,422

)

Balance, March 31, 2024

 

$

1,214,522

 

 

$

27,125

 

 

$

248,337

 

 

$

(187,611

)

 

$

(136,266

)

 

$

1,262,937

 

 

(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, 2022

 

$

1,166,065

 

 

$

26,841

 

 

$

237,202

 

 

$

(180,596

)

 

$

(167,512

)

 

$

1,250,130

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of 25,981 shares of common
  stock under incentive compensation plan

 

 

1,514

 

 

 

26

 

 

 

1,488

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

(2,612

)

 

 

91

 

 

 

895

 

 

 

(3,598

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

16,142

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16,142

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss)

 

 

16,964

 

 

 

 

 

 

 

 

 

 

 

 

16,964

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.365 per share)

 

 

(8,160

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(8,160

)

Balance, March 31, 2023

 

$

1,189,913

 

 

$

26,958

 

 

$

239,585

 

 

$

(184,194

)

 

$

(150,548

)

 

$

1,258,112