Reconciliations of Equity

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Reconciliations of Equity

2. RECONCILIATIONS OF EQUITY

Below are reconciliations of total equity for the three months ended March 31, 2022 and 2021:

(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, 2021	$	1,074,193		$	26,761	$	220,820	$	(153,702	)	$	(153,236	)	$	1,133,550
Issuance of 1,514 shares of common stock under stock option plan		114			2		112		—			—			—
Purchase of 98,206 shares of common stock		(9,935	)		—		—		(9,935	)		—			—
Stock-based and deferred compensation		2,017			51		3,568		(1,602	)		—			—
Net income		44,809			—		—		—			—			44,809
Other comprehensive income		13,053			—		—		—			13,053			—
Cash dividends paid:
Common stock ($0.335 per share)		(7,513	)		—		—		—			—			(7,513	)
Balance, March 31, 2022	$	1,116,738		$	26,814	$	224,500	$	(165,239	)	$	(140,183	)	$	1,170,846

(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

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