XML 32 R21.htm IDEA: XBRL DOCUMENT v3.20.2
Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Summary of Changes in Stockholders' Equity

A summary of the changes in stockholders’ equity for the three and six months ended June 30, 2020 and 2019, is as follows (in thousands except per share amounts):

 

 

 

Common Stock

 

 

Additional

Paid-in

 

 

Dividends

Paid In Excess

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Of Earnings

 

 

Total

 

BALANCE, MARCH 31, 2020

 

 

41,391

 

 

$

414

 

 

$

656,981

 

 

$

(70,920

)

 

$

586,475

 

Net earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10,973

 

 

 

10,973

 

Dividends declared — $0.37 per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(15,768

)

 

 

(15,768

)

Shares issued pursuant to ATM Program, net

 

 

404

 

 

 

4

 

 

 

11,940

 

 

 

 

 

 

11,944

 

Shares issued pursuant to dividend reinvestment

 

 

1

 

 

 

 

 

 

16

 

 

 

 

 

 

16

 

Stock-based compensation/settlements

 

 

 

 

 

 

 

 

868

 

 

 

 

 

 

868

 

BALANCE, JUNE 30, 2020

 

 

41,796

 

 

$

418

 

 

$

669,805

 

 

$

(75,715

)

 

$

594,508

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BALANCE, DECEMBER 31, 2019

 

 

41,368

 

 

$

414

 

 

$

656,127

 

 

$

(67,102

)

 

$

589,439

 

Net earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

23,673

 

 

 

23,673

 

Cumulative-effect adjustment for the adoption of new accounting pronouncement (Note 2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(886

)

 

 

(886

)

Dividends declared — $0.74 per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(31,400

)

 

 

(31,400

)

Shares issued pursuant to ATM Program, net

 

 

404

 

 

 

4

 

 

 

11,912

 

 

 

 

 

 

11,916

 

Shares issued pursuant to dividend reinvestment

 

 

13

 

 

 

 

 

 

410

 

 

 

 

 

 

410

 

Stock-based compensation/settlements

 

 

11

 

 

 

 

 

 

1,356

 

 

 

 

 

 

1,356

 

BALANCE, JUNE 30, 2020

 

 

41,796

 

 

$

418

 

 

$

669,805

 

 

$

(75,715

)

 

$

594,508

 

 

 

 

Common Stock

 

 

Additional

Paid-in

 

 

Dividends

Paid In Excess

 

 

 

 

 

 

 

Shares

 

 

Amount

 

 

Capital

 

 

Of Earnings

 

 

Total

 

BALANCE, MARCH 31, 2019

 

 

40,883

 

 

$

409

 

 

$

638,877

 

 

$

(61,051

)

 

$

578,235

 

Net earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13,198

 

 

 

13,198

 

Dividends declared — $0.35 per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(14,628

)

 

 

(14,628

)

Shares issued pursuant to ATM Program, net

 

 

213

 

 

 

2

 

 

 

6,678

 

 

 

 

 

 

6,680

 

Shares issued pursuant to dividend reinvestment

 

 

12

 

 

 

 

 

 

361

 

 

 

 

 

 

361

 

Stock-based compensation/settlements

 

 

 

 

 

 

 

 

665

 

 

 

 

 

 

665

 

BALANCE, JUNE 30, 2019

 

 

41,108

 

 

$

411

 

 

$

646,581

 

 

$

(62,481

)

 

$

584,511

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BALANCE, DECEMBER 31, 2018

 

 

40,855

 

 

$

409

 

 

$

638,178

 

 

$

(57,423

)

 

$

581,164

 

Net earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24,125

 

 

 

24,125

 

Dividends declared — $0.70 per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(29,183

)

 

 

(29,183

)

Shares issued pursuant to ATM Program, net

 

 

213

 

 

 

2

 

 

 

6,661

 

 

 

 

 

 

6,663

 

Shares issued pursuant to dividend reinvestment

 

 

24

 

 

 

 

 

 

718

 

 

 

 

 

 

718

 

Stock-based compensation/settlements

 

 

16

 

 

 

 

 

 

1,024

 

 

 

 

 

 

1,024

 

BALANCE, JUNE 30, 2019

 

 

41,108

 

 

$

411

 

 

$

646,581

 

 

$

(62,481

)

 

$

584,511