Reconciliations of Equity

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Reconciliations of Equity

2. RECONCILIATIONS OF EQUITY

Below are reconciliations of total equity, Company equity and equity attributable to noncontrolling interests for the three and nine months ended September 30, 2020 and 2019:

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance at June 30, 2020		898,261			26,552		198,947		(129,212	)		(172,203	)		973,345			832
Issuance of 40,435 shares of common stock under stock option plan		2,443			40		2,403		—			—			—			—
Stock-based and deferred compensation		1,899			23		2,613		(737	)		—			—			—
Net income		33,342			—		—		—			—			33,168			174
Other comprehensive income		9,467			—		—		—			9,430			—			37
Cash dividends paid:
Common stock ($0.28 per share)		(6,176	)		—		—		—			—			(6,176	)		—
Balance at September 30, 2020	$	939,236		$	26,615	$	203,963	$	(129,949	)	$	(162,773	)	$	1,000,337		$	1,043

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance at December 31, 2019	$	892,496		$	26,493	$	193,135	$	(114,139	)	$	(136,170	)	$	922,464		$	713
Issuance of 47,115 shares of common stock under stock option plan		2,835			47		2,788		—			—			—			—
Purchase of 160,780 shares of common stock on the open market		(13,753	)		—		—		(13,753	)		—			—			—
Stock-based and deferred compensation		6,058			75		8,040		(2,057	)		—			—			—
Net income		96,724			—		—		—			—			96,420			304
Other comprehensive income		(26,577	)		—		—		—			(26,603	)		—			26
Cash dividends paid:
Common stock ($0.84 per share)		(18,547	)		—		—		—			—			(18,547	)		—
Balance at September 30, 2020	$	939,236		$	26,615	$	203,963	$	(129,949	)	$	(162,773	)	$	1,000,337		$	1,043

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance at June 30, 2019		858,397			26,453		188,781		(106,202	)		(137,723	)		886,349			739
Issuance of 13,256 shares of common stock under stock option plan		667			13		654		—			—			—			—
Purchase of 73,821 shares of common stock on the open market		(7,003	)		—		—		(7,003	)		—			—			—
Stock-based and deferred compensation		1,408			15		1,969		(576	)		—			—			—
Net income		25,880			—		—		—			—			25,889			(9	)
Other comprehensive income		(18,816	)		—		—		—			(18,784	)		—			(32	)
Cash dividends paid:
Common stock ($0.25 per share)		(5,626	)		—		—		—			—			(5,626	)		—
Balance at September 30, 2019	$	854,907		$	26,481	$	191,404	$	(113,781	)	$	(156,507	)	$	906,612		$	698

(In thousands, except share and per share amounts)	Total			Common Stock		Additional Paid-in Capital		Treasury Stock			Accumulated Other Comprehensive Income (Loss)			Retained Earnings			Noncontrolling Interest (1)
Balance, December 31, 2018	$	808,185		$	26,309	$	182,881	$	(97,389	)	$	(141,483	)	$	837,107		$	760
Issuance of 56,385 shares of common stock under stock option plan		2,830			56		2,774		—			—			—			—
Purchase of 144,457 shares of common stock on the open market		(13,184	)		—		—		(13,184	)		—			—			—
Stock-based and deferred compensation		2,657			116		5,749		(3,208	)		—			—			—
Net income		81,068			—		—		—			—			81,091			(23	)
Other comprehensive income		(9,738	)		—		—		—			(9,699	)		—			(39	)
Cash dividends paid:
Common stock ($0.75 per share)		(16,911	)		—		—		—			—			(16,911	)		—
Other (2)		—			—		—		—			(5,325	)		5,325			—
Balance at September 30, 2019	$	854,907		$	26,481	$	191,404	$	(113,781	)	$	(156,507	)	$	906,612		$	698

^{(1) Reflects the noncontrolling interest in the Company’s China joint venture.}

^{(2) Reflects beginning retained earnings adjustment as a result of the Company’s first quarter 2019 adoption of ASU No. 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income.}