XML 46 R32.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Stockholders' Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Stockholders' Equity Note [Abstract] |
Schedule of Dividends Declared and Paid | The table below summarizes the regular quarterly dividends declared and paid during the years ended December 31, 2018, 2017, and 2016:
(In thousands, except per share data) | Per Share |  | Record Date |  | Payment Date |  | Total Paid
First Quarter 2016 | $ | 0.30 |  | 04/01/16 |  | 04/15/16 |  | $ | 7,344
Second Quarter 2016 | 0.30 |  | 06/06/16 |  | 06/17/16 |  | 7,363
Third Quarter 2016 | 0.30 |  | 08/19/16 |  | 09/02/16 |  | 7,371
Fourth Quarter 2016 | 0.50 |  | 11/28/16 |  | 12/09/16 |  | 12,359
Total 2016 | $ | 1.40 |  |  |  |  |  | $ | 34,437
First Quarter 2017 | $ | 0.50 |  | 03/06/17 |  | 03/17/17 |  | $ | 12,442
Second Quarter 2017 | 0.50 |  | 05/19/17 |  | 06/02/17 |  | 12,445
Third Quarter 2017 | 0.50 |  | 08/18/17 |  | 09/01/17 |  | 12,459
Fourth Quarter 2017 | 0.55 |  | 11/17/17 |  | 12/01/17 |  | 13,711
Total 2017 | $ | 2.05 |  |  |  |  |  | $ | 51,057
First Quarter 2018 | $ | 0.55 |  | 03/16/18 |  | 03/29/18 |  | $ | 13,858
Second Quarter 2018 | 0.60 |  | 06/04/18 |  | 06/15/18 |  | 15,127
Third Quarter 2018 | 0.60 |  | 08/31/18 |  | 09/14/18 |  | 15,129
Fourth Quarter 2018 | 0.60 |  | 11/26/18 |  | 12/07/18 |  | 15,156
Total 2018 | $ | 2.35 |  |  |  |  |  | $ | 59,270
Schedule of Stock-Based Compensation | Stock-based compensation resulted in charges to operations as follows for the years ended December 31:
(In thousands) | 2018 |  | 2017 |  | 2016
Stock options | $ | — |  | $ | — |  | $ | 444
Deferred and restricted stock units | 12,427 |  | 10,696 |  | 7,830
Restricted stock | 590 |  | 1,191 |  | 1,770
Stock awards | 1,048 |  | 8,149 |  | 5,376
Stock-based compensation expense | $ | 14,065 |  | $ | 20,036 |  | $ | 15,420
Schedule of Stock Options | Transactions in stock options under the 2011 Plan are summarized as follows:
| Number of Option Shares |  |  |  | Weighted Average Exercise Price
Outstanding at December 31, 2015 | 212,030 |  |  |  | $ | 15.38
Exercised | (183,600) |  |  |  | 15.10
Forfeited | (1,550) |  |  |  | 17.17
Outstanding at December 31, 2016 | 26,880 |  |  |  | 17.17
Exercised | (26,180) |  |  |  | 17.17
Forfeited | (700) |  |  |  | 17.17
Outstanding at December 31, 2017 | — |  |  |  | $ | —
Exercisable at December 31, 2017 | — |  |  |  | $ | —
Schedule Exercise of Stock Options | Additional information for the exercise of stock options is as follows for the years ended December 31:
(In thousands) |  |  | 2017 |  | 2016
Intrinsic value of stock options exercised |  |  | $ | 2,340 |  | $ | 13,204
Cash receipts from stock options exercised |  |  | $ | 450 |  | $ | 2,772
Income tax benefits from stock option exercises |  |  | $ | 900 |  | $ | 4,435
Grant date fair value of stock options vested |  |  | $ | — |  | $ | 506
Schedule of Deferred Stock Units Transactions | Transactions in DSUs and RSUs under the 2011 Plan or the 2018 Plan, as applicable, are summarized as follows:
| Number of Shares |  | Weighted Average Price
Outstanding at December 31, 2015 | 527,513 |  | $ | 44.94
Issued | 10,742 |  | 72.01
Granted | 173,097 |  | 54.67
Dividend equivalents | 9,075 |  | 87.01
Forfeited | (10,893) |  | 48.98
Vested | (203,087) |  | 43.55
Outstanding at December 31, 2016 | 506,447 |  | $ | 50.00
Issued | 68,340 |  | 108.61
Granted | 95,079 |  | 109.50
Dividend equivalents | 9,799 |  | 104.12
Forfeited | (3,094) |  | 72.96
Vested | (227,516) |  | 40.39
Outstanding at December 31, 2017 | 449,055 |  | $ | 72.55
Issued | 5,354 |  | 106.10
Granted | 101,650 |  | 103.20
Dividend equivalents | 8,036 |  | 89.66
Forfeited | (9,557) |  | 76.71
Vested | (290,132) |  | 74.83
Outstanding at December 31, 2018 | 264,406 |  | $ | 83.84
Schedule of Restricted Stock Grants | Restricted stock grants, which were all made to directors, were as follows (in thousands except share and per share amounts):
| 2018 |  | 2017 |  | 2016
Granted | — |  | 14,018 |  | 17,439
Weighted average stock price | $ | — |  | $ | 92.25 |  | $ | 74.55
Fair value of stock granted | $ | — |  | $ | 1,293 |  | $ | 1,300
Schedule of Stock Awards | Transactions under the 2011 Plan or the 2018 Plan, as applicable, are summarized as follows:
| Number of Shares |  | Stock Price
Outstanding at December 31, 2015 | 262,456 |  | $ | 49.36
Granted | 86,918 |  | 54.47
Dividend equivalents | 3,811 |  | 88.04
Forfeited | (10,832) |  | 53.95
Vested | (109,731) |  | 39.94
Outstanding at December 31, 2016 | 232,622 |  | $ | 55.60
Granted | 103,382 |  | 90.36
Dividend equivalents | 5,249 |  | 104.93
Vested | (69,434) |  | 51.20
Outstanding at December 31, 2017 | 271,819 |  | $ | 70.29
Issued | 5,641 |  | 106.10
Granted | 111,246 |  | 106.10
Dividend equivalents | 6,280 |  | 90.47
Forfeited | (71,618) |  | 86.65
Vested | (136,000) |  | 64.32
Outstanding at December 31, 2018 | 187,368 |  | $ | 91.39
Schedule of Computation of Basic and Diluted Earnings Per Share | The following reconciliation details the denominator used in the computation of basic and diluted earnings per share for the years ended December 31:
(In thousands) | 2018 |  | 2017 |  | 2016
Weighted average shares outstanding for basic earnings per share | 25,178 |  | 25,020 |  | 24,631
Common stock equivalents pertaining to stock-based awards | 285 |  | 355 |  | 302
Weighted average shares outstanding for diluted earnings per share | 25,463 |  | 25,375 |  | 24,933

X
- Definition Schedule Of Deferred Stock Unit Activity [Table Text Block] + References No definition available. + Details
Name: | lcii_ScheduleOfDeferredStockUnitActivityTableTextBlock
Namespace Prefix: | lcii_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Restricted Stock Grants [Table Text Block] + References No definition available. + Details
Name: | lcii_ScheduleOfRestrictedStockGrantsTableTextBlock
Namespace Prefix: | lcii_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5047-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
Name: | us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for exercisable or convertible options that are fully vested and expected to vest. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(2) -URI http://asc.fasb.org/extlink&oid=109197908&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableTableTextBlock
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