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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Other Assets

Other assets at December 31, 2018 and 2017 consisted of the following (in thousands):
 
2018
 
2017
Cash surrender value of life insurance
$
41,575

 
$
46,314

Investments in unconsolidated affiliates
3,760

 
3,557

Other
5,880

 
5,257

Total other assets
$
51,215

 
$
55,128


Schedule of Property, Plant and Equipment, Useful life
We estimate the useful lives and salvage values of our assets based on historical data as follows:
Buildings and leasehold improvements
3 - 40 years
Machinery and equipment
3 - 10 years
Schedule of Weighted Average Number of Shares
The following table summarizes the calculation of weighted average common shares outstanding used in the computation of diluted earnings per share for the years ended December 31, 2018, 2017 and 2016 (in thousands):
 
2018
 
2017
 
2016
Weighted average basic common shares outstanding
44,206

 
44,153

 
43,479

Effect of dilutive securities:
 
 
 
 
 
Performance shares
221

 
69

 
127

Restricted stock
47

 
42

 
64

Weighted average diluted common and potential common shares outstanding
44,474

 
44,264

 
43,670