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Capital Stock (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Dividends declared and paid
The Company declared and paid cash dividends per share during the periods presented below:
2019:
Dividends per share
Amount (in thousands)
1st quarter
$
0.45

$
7,839

2nd quarter
0.45

7,425

3rd quarter
0.45

7,000

4th quarter
0.45

7,956

Total cash dividends declared and paid
$
1.80

$
30,220

 
 
 
2018:
Dividends per share
Amount (in thousands)
1st quarter
$
0.40

$
8,335

2nd quarter
0.40

7,998

3rd quarter
0.40

7,633

4th quarter
0.40

7,303

Total cash dividends declared and paid
$
1.60

$
31,269



Share repurchase activity Below is a table showing the share repurchase activity during the periods presented below:
2019:
Number of Shares
Average Repurchase Price per Share
Amount (in thousands)
1st quarter
872,317

$
89.70

$
78,249

2nd quarter
697,255

90.92

63,393

3rd quarter
1,169,597

78.11

91,357

4th quarter
133,379

78.72

10,499

Total shares repurchased
2,872,548

$
84.77

$
243,498

 
 
 
 
2018:
Number of Shares
Average Repurchase Price per Share
Amount (in thousands)
1st quarter
407,091

$
94.79

$
38,588

2nd quarter
960,105

81.54

78,287

3rd quarter
870,538

87.59

76,248

4th quarter
1,000,881

88.57

88,651

Total shares repurchased
3,238,615

$
87.00

$
281,774