XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Reconciliations of Equity (Tables)
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Reconciliations of Total Equity

Below are reconciliations of total equity, Company equity and equity attributable to noncontrolling interests for the three and six months ended June 30, 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 at March 31, 2021

 

 

1,003,946

 

 

 

26,726

 

 

 

209,471

 

 

 

(137,052

)

 

 

(154,442

)

 

 

1,057,579

 

 

 

1,664

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of 10,779 shares of common stock under stock option plan

 

 

706

 

 

 

11

 

 

 

695

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase of 73,745 shares of common stock

 

 

(9,906

)

 

 

 

 

 

 

 

 

(9,906

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

3,282

 

 

 

15

 

 

 

3,803

 

 

 

(536

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

43,303

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

43,278

 

 

 

25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

16,048

 

 

 

 

 

 

 

 

 

 

 

 

16,022

 

 

 

 

 

 

26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.305 per share)

 

 

(6,863

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,863

)

 

 

 

Balance at June 30, 2021

 

$

1,050,516

 

 

$

26,752

 

 

$

213,969

 

 

$

(147,494

)

 

$

(138,420

)

 

$

1,093,994

 

 

$

1,715

 

 

 

 

(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 82,045 shares of common stock

 

 

(10,895

)

 

 

 

 

 

 

 

 

(10,895

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

3,290

 

 

 

77

 

 

 

6,183

 

 

 

(2,970

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

83,914

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

83,889

 

 

 

25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

(1,521

)

 

 

 

 

 

 

 

 

 

 

 

(1,539

)

 

 

 

 

 

18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.610 per share)

 

 

(13,724

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(13,724

)

 

 

 

Balance at June 30, 2021

 

$

1,050,516

 

 

$

26,752

 

 

$

213,969

 

 

$

(147,494

)

 

$

(138,420

)

 

$

1,093,994

 

 

$

1,715

 

 

 

(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 March 31, 2020

 

 

867,472

 

 

 

26,541

 

 

 

195,661

 

 

 

(122,685

)

 

 

(176,546

)

 

 

943,807

 

 

 

694

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of 3,933 shares of common stock under stock option plan

 

 

237

 

 

 

4

 

 

 

233

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase of 71,555 shares of common stock

 

 

(6,510

)

 

 

 

 

 

 

 

 

(6,510

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

3,043

 

 

 

7

 

 

 

3,053

 

 

 

(17

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

35,843

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

35,707

 

 

 

136

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

4,345

 

 

 

 

 

 

 

 

 

 

 

 

4,343

 

 

 

 

 

 

2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.275 per share)

 

 

(6,169

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,169

)

 

 

 

Balance at June 30, 2020

 

$

898,261

 

 

$

26,552

 

 

$

198,947

 

 

$

(129,212

)

 

$

(172,203

)

 

$

973,345

 

 

$

832

 

 

 

 

 

(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 6,680 shares of common stock under stock option plan

 

 

392

 

 

 

7

 

 

 

385

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Purchase of 160,780 shares of common stock

 

 

(13,753

)

 

 

 

 

 

 

 

 

(13,753

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock-based and deferred compensation

 

 

4,159

 

 

 

52

 

 

 

5,427

 

 

 

(1,320

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

 

63,382

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

63,252

 

 

 

130

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income

 

 

(36,044

)

 

 

 

 

 

 

 

 

 

 

 

(36,033

)

 

 

 

 

 

(11

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash dividends paid:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock ($0.550 per share)

 

 

(12,371

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(12,371

)

 

 

 

Balance at June 30, 2020

 

$

898,261

 

 

$

26,552

 

 

$

198,947

 

 

$

(129,212

)

 

$

(172,203

)

 

$

973,345

 

 

$

832

 

 

(1)

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