Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY

v3.19.3
STOCKHOLDERS' EQUITY
9 Months Ended
Sep. 30, 2019
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS’ EQUITY
A summary of changes in stockholders’ equity is presented below (in thousands): 
 
 
Nine Months Ended September 30, 2019
 
 
(In thousands)
 
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2018
 
38,073

 
$
381

 
$
501,781

 
$
1,218,593

 
$
1,720,755

Net earnings
 

 

 

 
25,412

 
25,412

Stock-based compensation expense
 

 

 
5,861

 

 
5,861

Issuance of stock
 
400

 
4

 
(4
)
 

 

Share repurchases
 
(209
)
 
(2
)
 
(8,955
)
 

 
(8,957
)
Balance at March 31, 2019
 
38,264

 
383

 
498,683

 
1,244,005

 
1,743,071

Net earnings
 

 

 

 
50,828

 
50,828

Stock-based compensation expense
 

 

 
4,201

 

 
4,201

Issuance of stock
 
3

 

 

 

 

Balance at June 30, 2019
 
38,267

 
383

 
502,884

 
1,294,833

 
1,798,100

Net earnings
 

 

 

 
69,809

 
69,809

Stock-based compensation expense
 

 

 
5,657

 

 
5,657

Issuance of stock
 
32

 

 

 

 

Balance at September 30, 2019
 
38,299

 
$
383

 
$
508,541

 
$
1,364,642

 
$
1,873,566


 
 
Nine Months Ended September 30, 2018
 
 
(In thousands)
 
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2017
 
40,331

 
$
403

 
$
584,578

 
$
991,844

 
$
1,576,825

Adoption of ASU 2014-09
 

 

 

 
(583
)
 
(583
)
Net earnings
 

 

 

 
43,874

 
43,874

Stock-based compensation expense
 

 

 
5,216

 

 
5,216

Issuance of stock
 
301

 
3

 
(3
)
 

 

Balance at March 31, 2018
 
40,632

 
406

 
589,791

 
1,035,135

 
1,625,332

Net earnings
 

 

 

 
53,838

 
53,838

Stock-based compensation expense
 

 

 
3,770

 

 
3,770

Issuance of stock
 
17

 

 

 

 

Balance at June 30, 2018
 
40,649

 
406

 
593,561

 
1,088,973

 
1,682,940

Net earnings
 

 

 

 
54,135

 
54,135

Stock-based compensation expense
 

 

 
4,762

 

 
4,762

Issuance of stock
 
3

 
1

 
(1
)
 

 

Share repurchases
 
(686
)
 
(7
)
 
(29,346
)
 

 
(29,353
)
Balance at September 30, 2018
 
39,966

 
$
400

 
$
568,976

 
$
1,143,108

 
$
1,712,484