Reconciliations of Equity

6 Months Ended

Jun. 30, 2022

Equity [Abstract]

Reconciliations of Equity

2. RECONCILIATIONS OF EQUITY

Below are reconciliations of total equity for the three and six months ended June 30, 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, March 31, 2022	$	1,116,738		$	26,814	$	224,500	$	(165,239	)	$	(140,183	)	$	1,170,846
Issuance of 1,133 shares of common stock under stock option plan		71			1		70		—			—			—
Purchase of 69,734 shares of common stock		(7,041	)		—		—		(7,041	)		—			—
Stock-based and deferred compensation		4,908			10		4,940		(42	)		—			—
Net income		52,126			—		—		—			—			52,126
Other comprehensive income		(33,619	)		—		—		—			(33,619	)		—
Cash dividends paid:
Common stock ($0.335 per share)		(7,472	)		—		—		—			—			(7,472	)
Balance, June 30, 2022	$	1,125,711		$	26,825	$	229,510	$	(172,322	)	$	(173,802	)	$	1,215,500

(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 2,647 shares of common stock under stock option plan		185			3		182		—			—			—
Purchase of 167,940 shares of common stock		(16,976	)		—		—		(16,976	)		—			—
Stock-based and deferred compensation		6,925			61		8,508		(1,644	)		—			—
Net income		96,935			—		—		—			—			96,935
Other comprehensive income		(20,566	)		—		—		—			(20,566	)		—
Cash dividends paid:
Common stock ($0.670 per share)		(14,985	)		—		—		—			—			(14,985	)
Balance, June 30, 2022	$	1,125,711		$	26,825	$	229,510	$	(172,322	)	$	(173,802	)	$	1,215,500

(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, 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 (loss)		16,048			—		—		—			16,022			—			26
Cash dividends paid:
Common stock ($0.305 per share)		(6,863	)		—		—		—			—			(6,863	)		—
Balance, 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

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