Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

Net Income for Purposes of Determining Basic and Diluted EPS

Net income for purposes of determining basic and diluted EPS for discontinued operations and net income available to common stockholders was as follows:

	Three Months Ended
	March 31,
	2022		2021
Net income from continuing operations	$	32,542	$	21,550
Net income from discontinued operations	—		10,407
Net income	32,542		31,957
Income from continuing operations attributable to participating securities	(983)		(776)
Net income applicable to common shares	$	31,559	$	31,181

Net income for purposes of determining basic and diluted EPS for continuing operations applicable to common shares was as follows:

	Three Months Ended
	March 31,
	2022		2021
Net income from continuing operations	$	32,542	$	21,550
Income from continuing operations attributable to participating securities	(983)		(754)
Net income available to common stockholders	$	31,559	$	20,796

Basic and Diluted EPS Calculation Shares

Basic and diluted EPS for continuing and discontinued operations were calculated using the following common shares:

	Three Months Ended
	March 31,
	2022	2021
Weighted-average shares for basic EPS	152,586,900	152,249,440
Plus incremental shares related to stock options and non-vested restricted stock	158,353	134,650
Weighted-average shares for diluted EPS	152,745,253	152,384,090

Outstanding Shares Not Included in the Computation of Diluted EPS

The following non-vested restricted stock was outstanding during the three months ended March 31, 2022 and 2021, but was not included in the computation of diluted EPS because the impact of the per share expense associated with the restricted stock was greater than the average market price of the common shares during the respective periods.

	Three Months Ended
	March 31,
	2022		2021
Weighted-average shares of non-vested restricted stock	—		97,222
Weighted-average expense per share	$	—	$	14.31

Schedule of Other, Net

Other, net consisted of:

	Three Months Ended
	March 31,
	2022		2021
Interest and dividend income	$	450	$	534
Net (losses) gains recognized on investment securities	(3,039)		2,415
Net periodic benefit cost other than the service costs	(236)		(244)
Other income	1,680		1
Other, net	$	(1,145)	$	2,706

Schedule of Other Assets

Other assets consisted of:

	March 31, 2022		December 31, 2021
Restricted assets	$	1,551	$	1,551
Prepaid pension costs	44,866		44,585
Other assets	34,467		30,549
Total other assets	$	80,884	$	76,685

Schedule of Other Current Liabilities

Other current liabilities consisted of:

	March 31, 2022		December 31, 2021
Accounts payable	$	7,453	$	9,443
Accrued promotional expenses	57,610		55,647
Accrued excise and payroll taxes payable, net	21,375		22,919
Accrued interest	32,667		30,676
Accrued salaries and benefits	4,042		13,982
Allowance for sales returns	6,063		6,669
Other current liabilities	10,751		10,151
Total other current liabilities	$	139,961	$	149,487

Schedule of Components of Cash, Cash Equivalents and Restricted Cash

The components of “Cash, cash equivalents and restricted cash” in the condensed consolidated statements of cash flows were as follows:

	March 31, 2022		December 31, 2021
Cash and cash equivalents	$	238,305	$	193,411
Restricted cash and cash equivalents included in other assets	1,438		1,438
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows	$	239,743	$	194,849