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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Stockholders' Equity, Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Other Comprehensive Income (Loss)
Treasury Stock
Equity Balance at Dec. 31, 2015 $ 398,227 $ 139 $ 24,371 $ 368,053 $ 5,664 $ 0
Stock issued under Stock Option Plan 2,593 0 1,571 0 0 1,022
Common dividends declared [1] (12,250) 0 0 (12,250) 0 0
Other comprehensive gain (loss) (4,106) 0 0 0 (4,106) 0
Reclassification of Treasury Stock per Maryland Law 0 1 0 1,021 0 (1,022)
Common dividends declared [1] (12,250) 0 0 (12,250) 0 0
Net income 45,342 0 0 45,342 0 0
Common dividends declared [1] (12,250) 0 0 (12,250) 0 0
Equity Balance at Dec. 31, 2016 429,806 140 25,942 402,166 1,558 0
Stock issued under Stock Option Plan 3,811 0 2,261 0 0 1,550
Common dividends declared [2] (13,202) 0 0 (13,202) 0 0
Other comprehensive gain (loss) (317) 0 0 0 (317) 0
Reclassification of Treasury Stock per Maryland Law 0 1 0 1,549 0 (1,550)
Common dividends declared [2] (13,202) 0 0 (13,202) 0 0
Net income 51,564 0 0 51,564 0 0
Common dividends declared [2] (13,202) 0 0 (13,202) 0 0
Equity Balance at Dec. 31, 2017 471,662 141 28,203 442,077 1,241 0
Stock issued under Stock Option Plan 2,961 0 1,918 0 0 1,043
Common dividends declared [3] (16,966) 0 0 (16,966) 0 0
Other comprehensive gain (loss) 8,114 0 0 0 8,114 0
Reclassification of Treasury Stock per Maryland Law 0 1 0 139 0 (140)
Common dividends declared [3] (16,966) 0 0 (16,966) 0 0
Net income 67,109 0 0 67,109 0 0
Common dividends declared [3] (16,966) 0 0 (16,966) 0 0
Purchase of the Company's common stock (903) 0 0 0 0 (903)
Reclassification of stranded tax effects resulting from change in Federal income tax rate 0 0 0 (272) 272 0
Equity Balance at Dec. 31, 2018 $ 531,977 $ 142 $ 30,121 $ 492,087 $ 9,627 $ 0
[1] $.88 per share dividend.
[2] $.94 per share dividend.
[3] $1.20 per share dividend.