XML 76 R9.htm IDEA: XBRL DOCUMENT
v3.19.3

Reconciliations of Equity | 9 Months Ended
--- | ---
Sep. 30, 2019
Equity [Abstract] |
Reconciliations of Equity |
3. | RECONCILIATIONS OF EQUITY
Below are reconciliations of total equity, Company equity and equity attributable to noncontrolling interests for the three and nine months ended September 30, 2019 and 2018:
(In thousands, except share and per share amounts) |  | Total |  |  | Common Stock |  |  | Additional Paid-in Capital |  |  | Treasury Stock |  |  | Accumulated Other Comprehensive Income (Loss) |  |  | Retained Earnings |  |  | Noncontrolling Interest (1) |
Balance at June 30, 2019 |  |  | 858,397 |  |  |  | 26,453 |  |  |  | 188,781 |  |  |  | (106,202 | ) |  |  | (137,723 | ) |  |  | 886,349 |  |  |  | 739 |
Issuance of 13,256 shares of common stock under stock option plan |  |  | 667 |  |  |  | 13 |  |  |  | 654 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase of 73,821 shares of common stock |  |  | (7,003 | ) |  |  | — |  |  |  | — |  |  |  | (7,003 | ) |  |  | — |  |  |  | — |  |  |  | — |
Stock-based and deferred compensation |  |  | 1,408 |  |  |  | 15 |  |  |  | 1,969 |  |  |  | (576 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net income |  |  | 25,880 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 25,889 |  |  |  | (9 | )
Other comprehensive income |  |  | (18,816 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (18,784 | ) |  |  | — |  |  |  | (32 | )
Cash dividends paid: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock ($0.25 per share) |  |  | (5,626 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (5,626 | ) |  |  | — |
Balance at September 30, 2019 |  | $ | 854,907 |  |  | $ | 26,481 |  |  | $ | 191,404 |  |  | $ | (113,781 | ) |  | $ | (156,507 | ) |  | $ | 906,612 |  |  | $ | 698 |
(In thousands, except share and per share amounts) |  | Total |  |  | Common Stock |  |  | Additional Paid-in Capital |  |  | Treasury Stock |  |  | Accumulated Other Comprehensive Income (Loss) |  |  | Retained Earnings |  |  | Noncontrolling Interest (1) |
Balance at December 31, 2018(2) |  | $ | 808,185 |  |  | $ | 26,309 |  |  | $ | 182,881 |  |  | $ | (97,389 | ) |  | $ | (141,483 | ) |  | $ | 837,107 |  |  | $ | 760 |
Issuance of 56,385 shares of common stock under stock option plan |  |  | 2,830 |  |  |  | 56 |  |  |  | 2,774 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase of 144,457 shares of common stock |  |  | (13,184 | ) |  |  | — |  |  |  | — |  |  |  | (13,184 | ) |  |  | — |  |  |  | — |  |  |  | — |
Stock-based and deferred compensation |  |  | 2,657 |  |  |  | 116 |  |  |  | 5,749 |  |  |  | (3,208 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net income |  |  | 81,068 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 81,091 |  |  |  | (23 | )
Other comprehensive income |  |  | (9,738 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (9,699 | ) |  |  | — |  |  |  | (39 | )
Cash dividends paid: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock ($0.75 per share) |  |  | (16,911 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (16,911 | ) |  |  | — |
Other (3) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (5,325 | ) |  |  | 5,325 |  |  |  | — |
Balance at September 30, 2019 |  | $ | 854,907 |  |  | $ | 26,481 |  |  | $ | 191,404 |  |  | $ | (113,781 | ) |  | $ | (156,507 | ) |  | $ | 906,612 |  |  | $ | 698 |
(In thousands, except share and per share amounts) |  | Total |  |  | Common Stock |  |  | Additional Paid-in Capital |  |  | Treasury Stock |  |  | Accumulated Other Comprehensive Income (Loss) |  |  | Retained Earnings |  |  | Noncontrolling Interest (1) |
Balance at June 30, 2018(2) |  |  | 789,096 |  |  |  | 26,279 |  |  |  | 177,779 |  |  |  | (93,559 | ) |  |  | (124,290 | ) |  |  | 802,093 |  |  |  | 794 |
Issuance of 5,032 shares of common stock under stock option plan |  |  | 214 |  |  |  | 5 |  |  |  | 209 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase of 16,833 shares of common stock |  |  | (1,500 | ) |  |  | — |  |  |  | — |  |  |  | (1,500 | ) |  |  | — |  |  |  | — |  |  |  | — |
Stock-based and deferred compensation |  |  | 2,311 |  |  |  | 3 |  |  |  | 2,380 |  |  |  | (72 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net income (2) |  |  | 21,754 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 21,754 |  |  |  | — |
Other comprehensive income |  |  | (1,748 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (1,717 | ) |  |  | — |  |  |  | (31 | )
Cash dividends paid: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock ($0.23 per share) |  |  | (5,065 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (5,065 | ) |  |  | — |
Balance at September 30, 2018(2) |  | $ | 805,062 |  |  | $ | 26,287 |  |  | $ | 180,368 |  |  | $ | (95,131 | ) |  | $ | (126,007 | ) |  | $ | 818,782 |  |  | $ | 763 |
(In thousands, except share and per share amounts) |  | Total |  |  | Common Stock |  |  | Additional Paid-in Capital |  |  | Treasury Stock |  |  | Accumulated Other Comprehensive Income (Loss) |  |  | Retained Earnings |  |  | Noncontrolling Interest (1) |
Balance, December 31, 2017(2) |  | $ | 766,218 |  |  | $ | 26,071 |  |  | $ | 170,408 |  |  | $ | (78,561 | ) |  | $ | (99,563 | ) |  | $ | 747,045 |  |  | $ | 818 |
Issuance of 85,394 shares of common stock under stock option plan |  |  | 3,488 |  |  |  | 85 |  |  |  | 3,403 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchase of 156,524 shares of common stock |  |  | (13,500 | ) |  |  | — |  |  |  | — |  |  |  | (13,500 | ) |  |  | — |  |  |  | — |  |  |  | — |
Stock-based and deferred compensation |  |  | 3,618 |  |  |  | 131 |  |  |  | 6,557 |  |  |  | (3,070 | ) |  |  | — |  |  |  | — |  |  |  | — |
Net income (2) |  |  | 87,151 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 87,160 |  |  |  | (9 | )
Other comprehensive income |  |  | (26,490 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (26,444 | ) |  |  | — |  |  |  | (46 | )
Cash dividends paid: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock ($0.70 per share) |  |  | (15,225 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (15,225 | ) |  |  | — |
Other (4) |  |  | (198 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (198 | ) |  |  | — |
Balance at September 30, 2018(2) |  | $ | 805,062 |  |  | $ | 26,287 |  |  | $ | 180,368 |  |  | $ | (95,131 | ) |  | $ | (126,007 | ) |  | $ | 818,782 |  |  | $ | 763 |
| (1) | Reflects the noncontrolling interest in the Company’s China joint venture. |
| (2) | The retained earnings and net income amounts for the noted line items have been changed from the amounts originally reported as a result of the Company’s first quarter 2019 change in method of accounting for U.S. inventory valuation from LIFO to FIFO. |
| (3) | Reflects beginning retained earnings adjustment as a result of the Company’s first quarter 2019 adoption of ASU No. 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. See Note 19 for more details. |
| (4) | Reflects beginning retained earnings adjustment as a result of the Company’s first quarter 2018 adoption of ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration