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Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2022
Stockholders' Equity Note [Abstract] |
Schedule of Stock by Class | The following table summarizes information about shares of the Company's common stock at December 31:
(In thousands) | 2022 |  |  |  | 2021
Common stock authorized | 75,000 |  |  |  |  | 75,000 |
Common stock issued | 28,519 |  |  |  |  | 28,360 |
Treasury stock | 3,341 |  |  |  |  | 3,087 |
Common stock outstanding | 25,178 |  |  |  |  | 25,273 |
Schedule of Dividends Declared and Paid | The table below summarizes the regular quarterly dividends declared and paid during the years ended December 31:
(In thousands, except per share data) | Per Share |  | Record Date |  | Payment Date |  | Total Paid
First Quarter 2020 | $ | 0.65 |  |  | 03/06/20 |  | 03/20/20 |  | $ | 16,321 |
Second Quarter 2020 | 0.65 |  |  | 06/05/20 |  | 06/19/20 |  | 16,349 |
Third Quarter 2020 | 0.75 |  |  | 09/04/20 |  | 09/18/20 |  | 18,865 |
Fourth Quarter 2020 | 0.75 |  |  | 12/04/20 |  | 12/18/20 |  | 18,866 |
Total 2020 | $ | 2.80 |  |  |  |  |  |  | $ | 70,401 |
First Quarter 2021 | $ | 0.75 |  |  | 03/12/21 |  | 03/26/21 |  | $ | 18,939 |
Second Quarter 2021 | 0.90 |  |  | 06/04/21 |  | 06/18/21 |  | 22,739 |
Third Quarter 2021 | 0.90 |  |  | 09/03/21 |  | 09/17/21 |  | 22,747 |
Fourth Quarter 2021 | 0.90 |  |  | 12/03/21 |  | 12/17/21 |  | 22,746 |
Total 2021 | $ | 3.45 |  |  |  |  |  |  | $ | 87,171 |
First Quarter 2022 | $ | 0.90 |  |  | 03/11/22 |  | 03/25/22 |  | $ | 22,870 |
Second Quarter 2022 | 1.05 |  |  | 06/03/22 |  | 06/17/22 |  | 26,702 |
Third Quarter 2022 | 1.05 |  |  | 09/02/22 |  | 09/16/22 |  | 26,701 |
Fourth Quarter 2022 | 1.05 |  |  | 12/02/22 |  | 12/16/22 |  | 26,453 |
Total 2022 | $ | 4.05 |  |  |  |  |  |  | $ | 102,726 |
Schedule of Stock-Based Compensation | Stock-based compensation resulted in charges to operations as follows for the years ended December 31:
(In thousands) | 2022 |  | 2021 |  | 2020
Deferred and restricted stock units | $ | 15,594 |  |  | $ | 16,487 |  |  | $ | 14,329 |
Stock awards | 8,101 |  |  | 10,674 |  |  | 4,173 |
Stock-based compensation expense | $ | 23,695 |  |  | $ | 27,161 |  |  | $ | 18,502 |
Schedule of Deferred Stock Units Transactions | Transactions in DSUs and RSUs under the 2018 Plan are summarized as follows:
| Number of Shares |  | Weighted Average Price
Outstanding at December 31, 2019 | 346,148 |  |  | $ | 87.54 |
Issued | 5,703 |  |  | 97.42 |
Granted | 150,319 |  |  | 97.70 |
Dividend equivalents | 10,042 |  |  | 95.08 |
Forfeited | (21,856) |  |  | 91.79 |
Vested | (155,269) |  |  | 87.69 |
Outstanding at December 31, 2020 | 335,087 |  |  | $ | 90.04 |
Issued | 4,653 |  |  | 137.62 |
Granted | 109,767 |  |  | 142.37 |
Dividend equivalents | 7,233 |  |  | 134.78 |
Forfeited | (6,696) |  |  | 114.66 |
Vested | (164,333) |  |  | 87.64 |
Outstanding at December 31, 2021 | 285,711 |  |  | $ | 110.41 |
Issued | 5,427 |  |  | 101.87 |
Granted | 162,719 |  |  | 119.84 |
Dividend equivalents | 10,871 |  |  | 103.27 |
Forfeited | (15,012) |  |  | 121.99 |
Vested | (171,942) |  |  | 96.21 |
Outstanding at December 31, 2022 | 277,774 |  |  | $ | 120.92 |
Schedule of Stock Awards | Transactions in PSUs under the 2018 Plan are summarized as follows:
| Number of Shares |  | Stock Price
Outstanding at December 31, 2019 | 129,128 |  |  | $ | 96.21 |
Granted | 66,029 |  |  | 98.98 |
Dividend equivalents | 3,303 |  |  | 96.54 |
Forfeited | (73,581) |  |  | 107.91 |
Vested | (5,152) |  |  | 100.46 |
Outstanding at December 31, 2020 | 119,727 |  |  | $ | 89.92 |
Granted | 40,102 |  |  | 143.54 |
Dividend equivalents | 3,778 |  |  | 134.82 |
Forfeited | (1,053) |  |  | 96.55 |
Vested | (12,593) |  |  | 95.03 |
Outstanding at December 31, 2021 | 149,961 |  |  | $ | 104.01 |
Granted | 91,988 |  |  | 110.83 |
Dividend equivalents | 6,210 |  |  | 103.29 |
Forfeited | (4,840) |  |  | 78.11 |
Vested | (80,938) |  |  | 82.40 |
Outstanding at December 31, 2022 | 162,381 |  |  | $ | 120.12 |
Schedule of Accumulated Other Comprehensive Income (Loss) | The components of accumulated other comprehensive income (loss), net of income taxes, are as follows:
(In thousands) | Foreign currency items |  | Pension items |  |  |  | Total
Accumulated other comprehensive income (loss) at December 31, 2020 | $ | 7,296 |  |  | $ | (207) |  |  |  |  | $ | 7,089 |
Net foreign currency translation adjustment | (9,697) |  |  | — |  |  |  |  | (9,697) |
Actuarial gain on pension plans | — |  |  | 2,107 |  |  |  |  | 2,107 |
Net current-period other comprehensive income (loss) | (9,697) |  |  | 2,107 |  |  |  |  | (7,590) |
Accumulated other comprehensive income (loss) at December 31, 2021 | (2,401) |  |  | 1,900 |  |  |  |  | (501) |
Net foreign currency translation adjustment | (20,920) |  |  | — |  |  |  |  | (20,920) |
Actuarial gain on pension plans | — |  |  | 28,125 |  |  |  |  | 28,125 |
Net current-period other comprehensive income (loss) | (20,920) |  |  | 28,125 |  |  |  |  | 7,205 |
Accumulated other comprehensive income (loss) at December 31, 2022 | $ | (23,321) |  |  | $ | 30,025 |  |  |  |  | $ | 6,704 |

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