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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2020
Stockholders Equity Note [Abstract]  
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

 

 

 

September 30,

 

 

December 31,

 

 

 

2020

 

 

2019

 

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

 

 

57,067,574

 

 

 

56,929,298

 

Shares outstanding

 

 

32,267,951

 

 

 

32,472,406

 

Treasury stock

 

 

 

 

 

 

 

 

Shares held

 

 

24,799,623

 

 

 

24,456,892

 

Summary of Common Shares Outstanding

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

 

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2020

 

 

2019

 

Balance at the beginning of the year

 

 

32,472,406

 

 

 

32,750,727

 

Repurchases

 

 

(342,731

)

 

 

(286,726

)

Restricted share issuances

 

 

138,276

 

 

 

137,888

 

Balance at the end of the period

 

 

32,267,951

 

 

 

32,601,889