Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2019

Stockholders' Equity Note [Abstract]

Treasury Stock [Text Block]

On February 7, 2019, the Board of Directors authorized a new stock repurchase program with a maximum dollar limit of $25,000 in stock repurchases, which replaced the previous program. During the three months ended March 31, 2019, 31,500 shares of common stock were repurchased for approximately $849, of which $567 was repurchased under the previous program and $282 was repurchased under the most recent board-authorized share repurchase plan. Approximately $24,718 is available for future purchases.

Summary of Share Count and Par Value Data Related to Shareholders' Equity

Share count and par value data related to shareholders’ equity are as follows:

	As of
	March 31,	December 31,
	2019	2018
Preferred Stock
Par value per share	No par value	No par value
Shares authorized	25,000,000	25,000,000
Shares outstanding	—	—
Common Stock
Par value per share	No par value	No par value
Shares authorized	75,000,000	75,000,000
Shares issued	56,923,130	56,786,849
Shares outstanding	32,855,508	32,750,727
Treasury stock
Shares held	24,067,622	24,036,122

Summary of Common Shares Outstanding

A roll-forward of common shares outstanding is as follows:

	Three Months Ended
	March 31,		March 31,
	2019		2018
Balance at the beginning of the year	32,750,727		32,938,466
Repurchases	(31,500	)	—
Restricted share issuances	136,281		79,304
Balance at the end of the period	32,855,508		33,017,770

Certain potentially dilutive restricted stock units are excluded from diluted earning per share because they are anti-dilutive. The number of awards that were anti-dilutive at March 31, 2019 and March 31, 2018 were 91,098 and 78,317, respectively.