Reconciliations of Equity

6 Months Ended

Jun. 30, 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 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.}