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Consolidated Statements of Shareholders' Equity (Deficit) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in- Capital
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
[1]
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
[1]
Beginning balance (in shares) at Dec. 31, 2019   55,702,628            
Beginning balance at Dec. 31, 2019 $ (23,511) $ 951 $ 231,160 $ (4,550) $ (1,219,905) $ 968,833 $ (6,831) $ (6,831)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 55,463         55,463    
Other comprehensive income (loss) (664)     (664)        
Share based payment activity (in shares) [2]   294,826            
Share based payment activity [2] (1,787)   (9,607)   8,089 (269)    
Dividends declared [2] (12,452)         (12,452)    
Treasury purchases (in shares)   (657,031)            
Treasury purchases (54,072)       (54,072)      
Ending balance (in shares) at Mar. 31, 2020   55,340,423            
Ending balance at Mar. 31, 2020 $ (43,854) $ 951 221,553 (5,214) (1,265,888) 1,004,744    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cash dividends declared per share (in dollars per share) $ 0.225              
Beginning balance (in shares) at Dec. 31, 2020 55,535,554 55,535,554            
Beginning balance at Dec. 31, 2020 $ (5,752) $ 951 233,921 (4,646) (1,260,478) 1,024,500    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 22,337         22,337    
Other comprehensive income (loss) 52     52        
Share based payment activity (in shares) [2]   48,781            
Share based payment activity [2] 7,644   3,617   4,030 (3)    
Dividends declared [2] $ 0         0    
Treasury purchases (in shares) 0 (46,499)            
Treasury purchases $ (5,046)       (5,046)      
Ending balance (in shares) at Mar. 31, 2021 55,537,836 55,537,836            
Ending balance at Mar. 31, 2021 $ 19,235 $ 951 $ 237,538 $ (4,594) $ (1,261,494) $ 1,046,834    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cash dividends declared per share (in dollars per share) $ 0              
[1] Reflects the cumulative effect of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326) and subsequent amendments issued thereafter (collectively "Topic 326"), which was adopted on January 1, 2020. Refer to Note 3.
[2] During the fourth quarter of 2019, the Company's board of directors announced a 5% increase to the quarterly dividend rate to $0.225 per share from $0.215 per share, beginning with the dividend payable in the first quarter of 2020. On February 28, 2020, the Company’s board of directors declared a quarterly cash dividend of $0.225 per share of common stock. The dividend was payable on April 16, 2020 to shareholders of record on April 2, 2020. In April 2020, subsequent to the payment of the dividend and in light of uncertainty resulting from the COVID-19 pandemic, we suspended future, undeclared dividends. During 2020 and 2021, accumulated dividends were paid to certain shareholders upon vesting of certain performance vested restricted stock units ("PVRSU") which are captured in Share based payment activity. On May 7, 2021, the Company's board of directors declared a quarterly cash dividend of $0.225 per share of common stock. Refer to Note 14.