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Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

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)			2023												2022
Common stock authorized			75,000												75,000
Common stock issued			28,667												28,519
Treasury stock			3,341												3,341
Common stock outstanding			25,326												25,178

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 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
First Quarter 2023			$	1.05					03/10/23						03/24/23						$	26,563
Second Quarter 2023			1.05						06/02/23						06/16/23						26,591
Third Quarter 2023			1.05						09/01/23						09/15/23						26,590
Fourth Quarter 2023			1.05						12/01/23						12/15/23						26,592
Total 2023			$	4.20																	$	106,336

Schedule of Stock-Based Compensation

Stock-based compensation resulted in charges to operations as follows for the years ended December 31:

(In thousands)			2023						2022						2021
Deferred and restricted stock units			$	15,462					$	15,594					$	16,487
Performance stock units			2,767						8,101						10,674
Stock-based compensation expense			$	18,229					$	23,695					$	27,161

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, 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
Issued			3,244						119.43
Granted			159,640						114.22
Dividend equivalents			10,731						116.99
Forfeited			(23,440)						121.16
Vested			(131,644)						112.10
Outstanding at December 31, 2023			296,305						$	118.60

Schedule of Stock Awards

Transactions in PSUs under the 2018 Plan are summarized as follows:

			Number of Shares						Stock Price
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
Granted			140,953						108.42
Dividend equivalents			7,236						117.20
Forfeited			(3,245)						96.55
Vested			(100,046)						101.11
Outstanding at December 31, 2023			207,279						$	122.57

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, 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
Net foreign currency translation adjustment			8,532						—												8,532
Actuarial loss on pension plans			—						(964)												(964)
Net current-period other comprehensive income (loss)			8,532						(964)												7,568
Accumulated other comprehensive income (loss) at December 31, 2023			$	(14,789)					$	29,061											$	14,272

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