XML 16 R10.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Reconciliations of Equity
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Reconciliations of Equity
2.
RECONCILIATIONS OF EQUITY

Below are reconciliations of total equity for the three and six months ended June 30, 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, March 31, 2024

 

$

1,214,522

 

 

$

27,125

 

 

$

248,337

 

 

$

(187,611

)

 

$

(136,266

)

 

$

1,262,937

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of 2,456 shares of
   common stock under incentive
   compensation plan

 

 

101

 

 

 

2

 

 

 

99

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

2,357

 

 

 

15

 

 

 

2,509

 

 

 

(167

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

9,521

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9,521

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

(25,634

)

 

 

 

 

 

 

 

 

 

 

 

(25,634

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.375 per share)

 

 

(8,431

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(8,431

)

Balance, June 30, 2024

 

$

1,192,436

 

 

$

27,142

 

 

$

250,945

 

 

$

(187,778

)

 

$

(161,900

)

 

$

1,264,027

 

 

(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 23,124 shares of common
   stock under incentive compensation plan

 

 

966

 

 

 

23

 

 

 

943

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

(283

)

 

 

113

 

 

 

2,970

 

 

 

(3,366

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

23,414

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

23,414

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

(31,298

)

 

 

 

 

 

 

 

 

 

 

 

(31,298

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.750 per share)

 

 

(16,853

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(16,853

)

Balance, June 30, 2024

 

$

1,192,436

 

 

$

27,142

 

 

$

250,945

 

 

$

(187,778

)

 

$

(161,900

)

 

$

1,264,027

 

 

(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, March 31, 2023

 

$

1,189,913

 

 

$

26,958

 

 

$

239,585

 

 

$

(184,194

)

 

$

(150,548

)

 

$

1,258,112

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of 6,791 shares of
   common stock under incentive
   compensation plan

 

 

402

 

 

 

7

 

 

 

395

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

2,077

 

 

 

13

 

 

 

2,235

 

 

 

(171

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

12,684

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12,684

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

18,178

 

 

 

 

 

 

 

 

 

 

 

 

18,178

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.365 per share)

 

 

(8,157

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(8,157

)

Balance, June 30, 2023

 

$

1,215,097

 

 

$

26,978

 

 

$

242,215

 

 

$

(184,365

)

 

$

(132,370

)

 

$

1,262,639

 

 

(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 32,772 shares of common
  stock under incentive compensation plan

 

 

1,916

 

 

 

33

 

 

 

1,883

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

(535

)

 

 

104

 

 

 

3,130

 

 

 

(3,769

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

28,826

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

28,826

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

35,142

 

 

 

 

 

 

 

 

 

 

 

 

35,142

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.730 per share)

 

 

(16,317

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(16,317

)

Balance, June 30, 2023

 

$

1,215,097

 

 

$

26,978

 

 

$

242,215

 

 

$

(184,365

)

 

$

(132,370

)

 

$

1,262,639