XML 24 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Treasury Stock [Member]
Beginning Balance at Dec. 31, 2014 $ 199,916 $ 448   $ 40,987 $ 222,469 $ (1,835) $ (62,153)
Beginning balance, shares at Dec. 31, 2014   44,769 12        
Stock option exercises $ (4,287) $ 7   3,807     (8,101)
Stock option exercises, shares 751 751          
Grants and vesting of restricted stock $ (7,344) $ 6   (6)     (7,344)
Grants and vesting of restricted stock, shares 615 615          
Purchase of preferred stock $ (256)     (256)      
Purchase of preferred stock, shares     (2)        
Purchases of treasury stock (18,649)           (18,649)
Reclassification of contingently redeemable common stock to common stock $ 19,000     19,000      
Retirement of treasury shares   $ (6)   (15,439)     15,445
Retirement of treasury shares, shares (610) (610)          
Share-based compensation $ 17,386     17,386      
Net income 106,484       106,484    
Change in net unrealized gains (losses) [1] (2,171)         (2,171)  
Excess tax benefit (shortfall), net [2] 5,310     5,310      
Declaration of dividends (22,297)       (22,297)    
Ending Balance at Dec. 31, 2015 293,092 $ 455   70,789 306,656 (4,006) (80,802)
Ending balance, shares at Dec. 31, 2015   45,525 10        
Stock option exercises $ (5,332) $ 1   905     (6,238)
Stock option exercises, shares 124 124          
Purchases of treasury stock $ (8,510)           (8,510)
Treasury shares reissued $ 10,000     7,670     2,330
Retirement of treasury shares   $ (3)   (6,235)     6,238
Retirement of treasury shares, shares (325) (325)          
Share-based compensation $ 10,288     10,288      
Net income 99,410       99,410    
Change in net unrealized gains (losses) [1] (2,402)         (2,402)  
Excess tax benefit (shortfall), net [2] (1,154)     (1,154)      
Declaration of dividends (24,202)       (24,202)    
Ending Balance at Dec. 31, 2016 371,190 $ 453   82,263 381,864 (6,408) (86,982)
Ending balance, shares at Dec. 31, 2016   45,324 10        
Vesting of performance share units $ (1,183) $ 1   (1)     (1,183)
Vesting of performance share units, shares 115 115          
Stock option exercises $ (6,039) $ 8   5,578     (11,625)
Stock option exercises, shares 804 804          
Common stock issued $ 635 $ 1   634      
Common stock issued, shares 26 26          
Purchases of treasury stock $ (18,141)           (18,141)
Retirement of treasury shares   $ (5)   (12,803)     12,808
Retirement of treasury shares, shares (491) (491)          
Share-based compensation $ 10,515     10,515      
Net income 106,935       106,935    
Change in net unrealized gains (losses) [1] 127         127  
Declaration of dividends (24,051)       (24,051)    
Ending Balance at Dec. 31, 2017 $ 439,988 $ 458   $ 86,186 $ 464,748 $ (6,281) $ (105,123)
Ending balance, shares at Dec. 31, 2017   45,778 10        
[1] Represents change in fair value of available for sale investments, net of income tax provision of $76 thousand for the year ended December 31, 2017 and a change in fair value of available for sale investments, net of income tax benefit of $1,486 thousand and $1,369 thousand for the years ended December 31, 2016 and 2015, respectively.
[2] Excess tax benefits (shortfall), net for the years ended December 31, 2016 and 2015 were recognized in additional paid-in capital. For the year ended December 31, 2017 excess tax benefits (shortfall) were recognized in income tax expense in the consolidated statements of income when the share-based awards vest or are settled. See “—Note 2 (Summary of Significant Accounting Policies – Recently Adopted Accounting Pronouncements).”