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CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY - USD ($)
$ in Thousands
Common Stock
Treasury
Paid-in-Capital
Accumulated Other Comprehensive Income/(Loss)
Retained Earnings.
Impact of adoption of ASC
Retained Earnings.
Impact of adoption of ASC
Total
Beginning balance, value (Adoption of ASC 326) at Dec. 31, 2019         $ 2,486   $ 2,486  
Beginning balance, value at Dec. 31, 2019 $ 491,146   $ 89,413 $ (21,109)   $ 273,659   $ 833,109
Beginning Balance, Shares at Dec. 31, 2019 491,146,000              
Net income         266,756   266,756
Other comprehensive income / (loss), net of tax:                
Pension settlement loss, net of tax       (127)       (127)
Foreign currency translation adjustments       10,443       10,443
Change in derivatives               (104)
Interest rate swaps, net of tax       (104)       (104)
Cash dividends           (160,487)   (160,487)
Stock compensation $ 802   20,315     (267)   20,850
Stock compensation, Shares 802,000              
Employee stock buybacks $ (336)   (7,971)     32   (8,275)
Employee stock buybacks, Shares (336,000)              
Ending balance, value at Dec. 31, 2020 $ 491,612 101,757 (10,897)   382,179   964,651
Ending Balance, Shares at Dec. 31, 2020 491,612,000              
Ending Balance, Shares at Dec. 31, 2020              
Net income         356,565   356,565
Other comprehensive income / (loss), net of tax:                
Foreign currency translation adjustments       (5,895)       (5,895)
Change in derivatives               381
Interest rate swaps, net of tax       381       381
Cash dividends           (208,656)   (208,656)
Stock compensation $ 593   14,272         14,865
Stock compensation, Shares 593,000              
Employee stock buybacks $ (294)   (10,400)         (10,694)
Employee stock buybacks, Shares (294,000)              
Ending balance, value at Dec. 31, 2021 $ 491,911 105,629 (16,411)   530,088   1,111,217
Ending Balance, Shares at Dec. 31, 2021 491,911,000              
Ending Balance, Shares at Dec. 31, 2021              
Net income         368,599   368,599
Other comprehensive income / (loss), net of tax:                
Foreign currency translation adjustments       (14,215)       (14,215)
Unrealized losses on available for sale securities       (936)       (936)
Change in derivatives              
Cash dividends           (211,618)   (211,618)
Stock compensation $ 765   20,450         21,215
Stock compensation, Shares 765,000              
Employee stock buybacks $ (228)   (6,837)         (7,065)
Employee stock buybacks, Shares (228,000)              
Ending balance, value at Dec. 31, 2022 $ 492,448   $ 119,242 $ (31,562)   $ 687,069   $ 1,267,197
Ending Balance, Shares at Dec. 31, 2022 492,448,000              
Ending Balance, Shares at Dec. 31, 2022