XML 50 R39.htm IDEA: XBRL DOCUMENT
v3.20.2

Stockholders' Equity (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Stockholders' Equity Note [Abstract] |
Schedule of Market Repurchase | Our open market repurchase programs are as follows:
Agreement Execution Date |  | Authorized Repurchase $ |  | Expiration Date
May 16, 2018 1 |  | $15 million |  | March 1, 2019
March 5, 2019 1 |  | $20 million |  | March 4, 2020
March 13, 2020 |  | $20 million |  | ** 2
1 The 2018 and 2019 purchase authorizations were executed under 10b5-1 programs. |  |  |  |
2 Expiration Date is at Board's discretion. The Company is authorized to effectuate repurchases of the Company's common stock on terms and conditions approved in advance by the Board. |  |  |  |
Schedule of Share Repurchases | Our repurchase activity is as follows:
|  | Six Months Ended |  |  |  |  |  |  |  |  |  |
|  | June 30, 2020 |  |  |  |  |  | June 30, 2019 |  |  |  |
|  | (in thousands, except share and per share data) |  |  |  |  |  |  |  |  |  |
Program |  | Shares |  | Total $ |  | $ per share |  | Shares |  | Total $ |  | $ per share
Open market |  | 103,689 |  |  | $ | 4,987 |  |  | $ | 48.10 |  |  | 5,799 |  |  | $ | 200 |  |  | $ | 34.46 |
401(k) |  | 208,604 |  |  | 10,957 |  |  | 52.53 |  |  | 226,708 |  |  | 9,991 |  |  | 44.07 |
Directors and employees |  | 22,147 |  |  | 1,102 |  |  | 49.76 |  |  | 24,065 |  |  | 980 |  |  | 40.73 |
Total |  | 334,440 |  |  | $ | 17,046 |  |  | $ | 50.97 |  |  | 256,572 |  |  | $ | 11,171 |  |  | $ | 43.54 |
Our repurchase activity since Company inception, including our current authorized stock repurchase programs, are as follows:
|  | Inception to |  |  |  | June 30, 2020 |  |
|  | (in thousands, except share and per share data) |  |  |  |  |  |
Program |  | Shares |  | Total $ |  |  |  | $ per share
Open market |  | 4,205,255 |  |  | $ | 74,793 |  |  |  |  | $ | 17.79 |
401(k) |  | 7,676,343 |  |  | 130,883 |  |  |  |  | 17.05 |
Directors and employees |  | 2,004,076 |  |  | 20,684 |  |  |  |  | 10.32 |
Total |  | 13,885,674 |  |  | $ | 226,360 |  |  |  |  | $ | 16.30 |
Schedule of Dividends Payable | Our recent dividends are as follows:
Declaration Date | Record Date | Payment Date | Dividend per Share
May 20, 2019 | June 3, 2019 | July 1, 2019 | $0.16
November 6, 2019 | November 27, 2019 | December 18, 2019 | $0.16
May 15, 2020 | June 3, 2020 | July 1, 2020 | $0.19

X
- Definition Schedule of Share Repurchases [Table Text Block] + References No definition available. + Details
Name: | aaon_ScheduleofShareRepurchasesTableTextBlock
Namespace Prefix: | aaon_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all or some of the information related to dividends declared, but not paid, as of the financial reporting date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121583591&loc=d3e4304-108586 + Details
Name: | us-gaap_ScheduleOfDividendsPayableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23309-112656 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
Name: | us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration