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Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock Outstanding
Common Stock
Value of Shares Held in Rabbi Trust at Cost
Deferred Compensation and Other Retirement Benefit Obligations
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Income/(Loss)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common Stock, Shares, Outstanding   27,450,190            
Prior Period Reclassification Adjustment $ 0 [1]           $ 397 [2] $ (397) [2]
Net income 27,555           27,555  
Other comprehensive income (5,136)             (5,136)
Common dividend declared (10,454)           (10,454)  
Proceeds from exercise of stock options, net of cash paid   19,256            
Proceeds from exercise of stock options, net of cash paid 143   $ 0     $ 143    
Stock based compensation 1,041         1,041    
Restricted stock awards issued, net of awards surrendered   36,961            
Restricted stock awards issued, net of awards surrendered (1,318)   0     (1,318)    
Shares issued under direct stock purchase plan   5,921            
Shares issued under direct stock purchase plan 419         419    
Increase (Decrease) in Deferred Compensation and Other Retirement Benefits       $ (1) $ 1      
Increase (Decrease) in Deferred Compensation 0              
Period End Balance at Mar. 31, 2018 956,059   273 (4,591) 4,591 479,715 $ 484,266 (8,195)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Prior Period Reclassification Adjustment               (397)
Net income 58,673              
Other comprehensive income (7,055)              
Cash dividends declared per common share (in dollars per share)             $ 0.76  
Period End Balance at Jun. 30, 2018 977,065   274 (4,653) 4,653 481,979 $ 504,926 (10,114)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock Issued During Period, Value, Acquisitions 0              
Period End Balance at Dec. 31, 2018 1,073,490   279 (4,718) 4,718 527,648 546,736 (1,173)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets [1] 0           831 (831)
Common Stock, Shares, Outstanding   27,512,328            
Net income 31,118           $ 31,118  
Other comprehensive income (1,919)             (1,919)
Cash dividends declared per common share (in dollars per share)             $ 0.38  
Common dividend declared (10,458)           $ (10,458)  
Proceeds from exercise of stock options, net of cash paid   1,500            
Proceeds from exercise of stock options, net of cash paid 41   0     41    
Stock based compensation 1,351         1,351    
Restricted stock awards issued, net of awards surrendered   6,256            
Restricted stock awards issued, net of awards surrendered (20)   1     (21)    
Shares issued under direct stock purchase plan   12,440            
Shares issued under direct stock purchase plan 893         893    
Increase (Decrease) in Deferred Compensation and Other Retirement Benefits       (62) 62      
Increase (Decrease) in Deferred Compensation 0              
Period End Balance at Jun. 30, 2018 977,065   274 (4,653) 4,653 481,979 504,926 (10,114)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common Stock, Shares, Outstanding   27,532,524            
Common Stock, Shares, Outstanding   28,080,408            
Net income 35,225           35,225  
Other comprehensive income 8,054             8,054
Common dividend declared (12,379)           (12,379)  
Stock Issued During Period, Shares, Acquisitions   0            
Stock Issued During Period, Value, Acquisitions 0   0     0    
Proceeds from exercise of stock options, net of cash paid   6,000            
Proceeds from exercise of stock options, net of cash paid 165         165    
Stock based compensation 915         915    
Restricted stock awards issued, net of awards surrendered   44,407            
Restricted stock awards issued, net of awards surrendered (1,419)   1     (1,420)    
Shares issued under direct stock purchase plan   6,689            
Shares issued under direct stock purchase plan 487         487    
Increase (Decrease) in Deferred Compensation and Other Retirement Benefits       119 (119)      
Increase (Decrease) in Deferred Compensation 0              
Period End Balance at Mar. 31, 2019 1,104,538   280 (4,599) 4,599 527,795 $ 569,582 6,881
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 65,853              
Other comprehensive income 22,129              
Cash dividends declared per common share (in dollars per share)             $ 0.88  
Stock Issued During Period, Value, Acquisitions 499,693              
Period End Balance at Jun. 30, 2019 1,636,003   342 (4,648) 4,648 1,029,594 $ 585,111 20,956
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common Stock, Shares, Outstanding   28,137,504            
Net income 30,628           $ 30,628  
Other comprehensive income 14,075             14,075
Cash dividends declared per common share (in dollars per share)             $ 0.44  
Common dividend declared (15,099)           $ (15,099)  
Stock Issued During Period, Shares, Acquisitions   6,166,010            
Stock Issued During Period, Value, Acquisitions 499,693   61     499,632    
Proceeds from exercise of stock options, net of cash paid   5,000            
Proceeds from exercise of stock options, net of cash paid 116         116    
Stock based compensation 1,517         1,517    
Restricted stock awards issued, net of awards surrendered   6,067            
Restricted stock awards issued, net of awards surrendered (12)   1     (13)    
Shares issued under direct stock purchase plan   6,480            
Shares issued under direct stock purchase plan 547         547    
Increase (Decrease) in Deferred Compensation and Other Retirement Benefits       (49) 49      
Period End Balance at Jun. 30, 2019 $ 1,636,003   $ 342 $ (4,648) $ 4,648 $ 1,029,594 $ 585,111 $ 20,956
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common Stock, Shares, Outstanding   34,321,061            
[1]
Represents adjustment needed to reflect the cumulative impact on retained earnings for the classification and measurement of investments in equity securities. Pursuant to the Company's adoption of Accounting Standards Update 2016-01, the Company's investments in equity securities will no longer be classified as available for sale, therefore the Company was required to reclassify the net unrealized gain recognized on the change in fair value of these equity securities from other comprehensive income to retained earnings.
[2]
Represents adjustment needed to reflect the cumulative impact on retained earnings for reclassification of the income tax effects attributable to accumulated other comprehensive income, as a result of the Tax Cuts and Jobs Act (the "Tax Act"). Pursuant to the Company's adoption of Accounting Standards Update 2018-02, the Company has elected to reclassify amounts stranded in other comprehensive income to retained earnings.