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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Cash Dividends

Cash Dividends – The Company paid cash dividends during the years ended December 31, 2019, 2018 and 2017 as follows:

 

 

 

Per Share

 

 

Total

 

 

 

 

 

 

 

(in thousands)

 

2019

 

 

 

 

 

 

 

 

Paid on March 21, 2019

 

$

0.04

 

 

$

8,499

 

Paid on June 20, 2019

 

 

0.04

 

 

 

8,344

 

Paid on September 19, 2019

 

 

0.04

 

 

 

7,847

 

Paid on December 19, 2019

 

 

0.04

 

 

 

7,738

 

Total cash dividends

 

$

0.16

 

 

$

32,428

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

 

 

 

 

 

Paid on March 22, 2018

 

$

0.02

 

 

$

4,443

 

Paid on June 21, 2018

 

 

0.04

 

 

 

8,832

 

Paid on September 20, 2018

 

 

0.04

 

 

 

8,685

 

Paid on December 20, 2018

 

 

0.04

 

 

 

8,629

 

Total cash dividends

 

$

0.14

 

 

$

30,589

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

 

 

 

 

Paid on March 22, 2017

 

$

0.02

 

 

$

3,326

 

Paid on June 22, 2017

 

 

0.02

 

 

 

4,269

 

Paid on September 21, 2017

 

 

0.02

 

 

 

4,271

 

Paid on December 21, 2017

 

 

0.02

 

 

 

4,449

 

Total cash dividends

 

$

0.08

 

 

$

16,315

 

Treasury Stock Acquisition

Treasury stock acquisitions during the years ended December 31, 2019, 2018 and 2017 were as follows (dollars in thousands):

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

Shares

 

 

Cost

 

 

Shares

 

 

Cost

 

 

Shares

 

 

Cost

 

Treasury shares at beginning of period

 

 

53,701,096

 

 

$

1,080,448

 

 

 

43,802,611

 

 

$

918,711

 

 

 

43,392,617

 

 

$

911,094

 

Purchases pursuant to stock buyback program

 

 

22,566,331

 

 

 

250,109

 

 

 

9,331,131

 

 

 

150,497

 

 

 

5,503

 

 

 

109

 

Acquisitions pursuant to long-term incentive plan

 

 

1,037,947

 

 

 

14,205

 

 

 

567,354

 

 

 

11,240

 

 

 

404,491

 

 

 

7,508

 

Other

 

 

31,013

 

 

 

372

 

 

 

 

 

 

 

 

 

 

 

 

 

Treasury shares at end of period

 

 

77,336,387

 

 

$

1,345,134

 

 

 

53,701,096

 

 

$

1,080,448

 

 

 

43,802,611

 

 

$

918,711