XML 20 R8.htm IDEA: XBRL DOCUMENT v3.21.1
Reconciliations of Equity
3 Months Ended
Mar. 31, 2021
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 months ended March 31, 2021 and 2020:

 

(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, December 31, 2020

 

$

988,365

 

 

$

26,658

 

 

$

206,716

 

 

$

(133,629

)

 

$

(136,881

)

 

$

1,023,829

 

 

$

1,672

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of 5,786 shares of common stock under stock option plan

 

 

381

 

 

 

6

 

 

 

375

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase of 8,300 shares of common stock

 

 

(989

)

 

 

 

 

 

 

 

 

(989

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

8

 

 

 

62

 

 

 

2,380

 

 

 

(2,434

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

40,611

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

40,611

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss)

 

 

(17,569

)

 

 

 

 

 

 

 

 

 

 

 

(17,561

)

 

 

 

 

 

(8

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.305 per share)

 

 

(6,861

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,861

)

 

 

 

Balance, March 31, 2021

 

$

1,003,946

 

 

$

26,726

 

 

$

209,471

 

 

$

(137,052

)

 

$

(154,442

)

 

$

1,057,579

 

 

$

1,664

 

 

 

 

(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, December 31, 2019

 

$

892,496

 

 

$

26,493

 

 

$

193,135

 

 

$

(114,139

)

 

$

(136,170

)

 

$

922,464

 

 

$

713

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of 2,747 shares of common stock under stock option plan

 

 

155

 

 

 

3

 

 

 

152

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase of 89,225 shares of common stock

 

 

(7,243

)

 

 

 

 

 

 

 

 

(7,243

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

1,116

 

 

 

45

 

 

 

2,374

 

 

 

(1,303

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

27,539

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

27,545

 

 

 

(6

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss)

 

 

(40,389

)

 

 

 

 

 

 

 

 

 

 

 

(40,376

)

 

 

 

 

 

(13

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.275 per share)

 

 

(6,202

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,202

)

 

 

 

Balance, March 31, 2020

 

$

867,472

 

 

$

26,541

 

 

$

195,661

 

 

$

(122,685

)

 

$

(176,546

)

 

$

943,807

 

 

$

694

 

 

 

(1)

Reflects the noncontrolling interest in the Company’s China joint venture.