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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2021
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 December 31,

 

 

 

2021

 

 

2020

 

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

 

 

57,245,060

 

 

 

57,076,410

 

Shares outstanding

 

 

32,178,715

 

 

 

32,276,787

 

Treasury stock

 

 

 

 

 

 

 

 

Shares held

 

 

25,066,345

 

 

 

24,799,623

 

Summary of Common Shares Outstanding

A roll forward of common shares outstanding is as follows:

 

 

 

As of December 31,

 

 

 

2021

 

 

2020

 

Balance at beginning of the year

 

 

32,276,787

 

 

 

32,472,406

 

Repurchases

 

 

(266,722

)

 

 

(342,731

)

Restricted stock unit issuances

 

 

168,650

 

 

 

147,112

 

Balance at end of period

 

 

32,178,715

 

 

 

32,276,787