XML 58 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Cumulative Convertible Preferred Stock The following table provides certain information for the convertible Series A preferred stock as of the dates presented (in thousands, except conversion factor):
 
 
 
As of December 31,
 
 
2018
 
2017
Shares issued and outstanding
 
10

 
10

Conversion factor
 
2.50

 
2.50

Common shares resulting if converted
 
25

 
25
Activity Relating to Common Shares The following table summarizes the activity relating to shares of the Company’s Common Stock during the periods presented (in thousands):
 
 
 
Issued
Shares
 
Treasury
Shares
 
Outstanding
Shares
Balance, as of December 31, 2015
 
45,525

 
(10,415
)
 
35,110

Shares repurchased
 
—

 
(441
)
 
(441
)
Shares reissued
 
—

 
584

 
584

Options exercised
 
124

 
—

 
124

Shares acquired through cashless exercise (1)
 
—

 
(325
)
 
(325
)
Shares cancelled
 
(325
)
 
325

 
—

Balance, as of December 31, 2016
 
45,324

 
(10,272
)
 
35,052

Shares repurchased
 
—

 
(771
)
 
(771
)
Vesting of performance share units
 
115

 
—

 
115

Options exercised
 
804

 
—

 
804

Common stock issued
 
26

 
—

 
26

Shares acquired through cashless exercise (1)
 
—

 
(491
)
 
(491
)
Shares cancelled
 
(491
)
 
491

 
—

Balance, as of December 31, 2017
 
45,778

 
(11,043
)
 
34,735

Shares repurchased
 
—

 
(688
)
 
(688
)
Vesting of performance share units
 
127

 
—

 
127

Options exercised
 
1,890

 
—

 
1,890

Restricted stock grant
 
80

 
—

 
80

Shares acquired through cashless exercise (1)
 
—

 
(1,361
)
 
(1,361
)
Shares cancelled
 
(1,361
)
 
1,361

 
—

Balance, as of December 31, 2018
 
46,514

 
(11,731
)
 
34,783

 
(1)
All shares acquired represent shares tendered to cover the strike price for options and tax withholdings on the intrinsic value of options exercised or performance share units or restricted stock (as defined in “—Note 9 (Share-Based Compensation)”) vested. These shares have been canceled by the Company.
Summary of Dividends Declared on its Outstanding Shares of Common Stock to its Shareholders The Company declared dividends on its outstanding shares of common stock to its shareholders of record as follows for the periods presented (in thousands, except per share amounts):
 
 
 
For the Years Ended December 31,
 
 
2018
 
2017
 
2016
 
 
Per Share
Amount
 
Aggregate
Amount (1)
 
Per Share
Amount
 
Aggregate
Amount (1)
 
Per Share
Amount
 
Aggregate
Amount
First Quarter
 
$
0.14

 
$
4,904

 
$
0.14

 
$
4,932

 
$
0.14

 
$
4,915

Second Quarter
 
$
0.14

 
$
4,920

 
$
0.14

 
$
4,887

 
$
0.14

 
$
4,913

Third Quarter
 
$
0.16

 
$
5,592

 
$
0.14

 
$
4,830

 
$
0.14

 
$
4,903

Fourth Quarter
 
$
0.29

 
$
10,130

 
$
0.27

 
$
9,392

 
$
0.27

 
$
9,461


 
(1)
Includes dividend equivalents due to certain employees who hold Performance Share Units which are subject to time-vesting conditions.