XML 35 R22.htm IDEA: XBRL DOCUMENT
v3.20.2

Earnings per Share/Capital Stock: (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Earnings Per Share [Abstract] |
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating basic net income per share |
Basic: |  | For The Three Months Ended September 30, |  | For The Nine Months Ended September 30,
(in thousands, except per share amounts) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Net income |  | $ | 26,530 |  |  | $ | 28,006 |  |  | $ | 66,214 |  |  | $ | 67,642 |
Less: (a) Distributed earnings to common shareholders |  | 12,356 |  |  | 11,234 |  |  | 34,848 |  |  | 31,466 |
Distributed earnings to participating securities |  | 43 |  |  | 50 |  |  | 116 |  |  | 137 |
Undistributed earnings |  | 14,131 |  |  | 16,722 |  |  | 31,250 |  |  | 36,039 |
(b) Undistributed earnings allocated to common shareholders |  | 14,083 |  |  | 16,647 |  |  | 31,146 |  |  | 35,882 |
Undistributed earnings allocated to participating securities |  | 48 |  |  | 75 |  |  | 104 |  |  | 157 |
Total income available to common shareholders, basic (a)+(b) |  | $ | 26,439 |  |  | $ | 27,881 |  |  | $ | 65,994 |  |  | $ | 67,348 |
Weighted average Common Shares outstanding, basic |  | 36,886 |  |  | 36,835 |  |  | 36,877 |  |  | 36,804 |
Basic earnings per Common Share |  | $ | 0.72 |  |  | $ | 0.76 |  |  | $ | 1.79 |  |  | $ | 1.83 |
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating diluted net income per share | The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding for calculating diluted net income per share:
Diluted: |  | For The Three Months Ended September 30, |  | For The Nine Months Ended September 30,
(in thousands, except per share amounts) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Common shareholders earnings, basic |  | $ | 26,439 |  |  | $ | 27,881 |  |  | $ | 65,994 |  |  | $ | 67,348 |
Undistributed earnings for dilutive stock-based awards |  | 48 |  |  | 75 |  |  | 104 |  |  | 157 |
Total common shareholders earnings, diluted |  | $ | 26,487 |  |  | $ | 27,956 |  |  | $ | 66,098 |  |  | $ | 67,505 |
Weighted average common shares outstanding, basic |  | 36,886 |  |  | 36,835 |  |  | 36,877 |  |  | 36,804 |
Stock-based compensation (1) |  | 116 |  |  | 161 |  |  | 113 |  |  | 156 |
Weighted average common shares outstanding, diluted |  | 37,002 |  |  | 36,996 |  |  | 36,990 |  |  | 36,960 |
Diluted earnings per Common Share |  | $ | 0.72 |  |  | $ | 0.76 |  |  | $ | 1.79 |  |  | $ | 1.83 |
(1) In applying the treasury stock method of reflecting the dilutive effect of outstanding stock-based compensation in the calculation of diluted EPS, 8,556 stock options at September 30, 2019, respectively, were deemed to be outstanding in accordance with accounting guidance on earnings per share. All of the 127,234 and 165,783 restricted stock units at September 30, 2020 and 2019, respectively, were included in the calculation of diluted EPS for the three months ended September 30, 2020 and 2019.

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

X
- Definition Tabular disclosure of the effect of income (loss) on basic earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1278-109256 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of income (loss) on an entity's diluted earnings per share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1278-109256 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareDilutedByCommonClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration