Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 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 six months ended June 30, 2019, 179,966 shares of common stock were repurchased for approximately $5,002, of which $567 was repurchased under the previous program and $4,435 was repurchased under the most recent board-authorized share repurchase plan. Approximately $20,565 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
	June 30,	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	56,923,369	56,786,849
Shares outstanding	32,707,281	32,750,727
Treasury stock
Shares held	24,216,088	24,036,122

Summary of Common Shares Outstanding

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

	Six Months Ended
	June 30,		June 30,
	2019		2018
Balance at the beginning of the year	32,750,727		32,938,466
Repurchases	(179,966	)	—
Restricted share issuances	136,520		148,577
Balance at the end of the period	32,707,281		33,087,043

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 for the six month periods ended June 30, 2019 and June 30, 2018 were 108,894 and 72,658, respectively. There were no outstanding anti-dilutive awards impacting the three month periods ended June 30, 2019 and June 30, 2018.