XML 51 R35.htm IDEA: XBRL DOCUMENT v3.20.4

Earnings Per Share and Capital Stock (Tables)

12 Months Ended

Dec. 31, 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

The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding for calculating basic net income per share:

Basic:						For The Years Ended December 31,
(in thousands, except per share amounts)						2020						2019						2018
Net income						$	86,425					$	84,342					$	63,871
Less: (a) Distributed earnings to common shareholders						47,206						42,702						38,937
Distributed earnings to participating securities						158						180						204
Undistributed earnings						39,061						41,460						24,730
(b) Undistributed earnings allocated to common shareholders						38,930						41,285						24,601
Undistributed earnings allocated to participating securities						131						175						129
Total income available to common shareholders, basic (a)+(b)						$	86,136					$	83,987					$	63,538
Weighted average Common Shares outstanding, basic						36,880						36,814						36,733
Basic earnings per Common Share						$	2.34					$	2.28					$	1.73

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 Years Ended December 31,
(in thousands, except per share amounts)						2020						2019						2018
Common shareholders earnings, basic						$	86,136					$	83,987					$	63,538
Undistributed earnings for dilutive stock options and restricted stock units						131						175						129
Total common shareholders earnings, diluted						$	86,267					$	84,162					$	63,667
Weighted average Common Shares outstanding, basic						36,880						36,814						36,733
Stock-based compensation (1)						115						150						203
Weighted average Common Shares outstanding, diluted						36,995						36,964						36,936
Diluted earnings per Common Share						$	2.33					$	2.28					$	1.72

(1)         In applying the treasury stock method of reflecting the dilutive effect of outstanding stock-based compensation in the calculation of diluted EPS, 127,298 restricted stock units, including performance awards, at December 31, 2020 were deemed to be outstanding in accordance with accounting guidance on earnings per share.

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