Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Balance at Dec. 31, 2019 $ 228 $ 155,001 $ 160,748 $ (2,814) $ 313,163
Balance (in shares) at Dec. 31, 2019 22,795,412        
Increase (Decrease) in Stockholders' Equity          
Net loss     (10,086)   (10,086)
Dividends paid     (6,487)   (6,487)
Adjustment for pension and postretirement benefit liability, net of tax of $34 in 2020, ($94) in 2019 and ($558) in 2018       (57) (57)
Adjustment for interest rate swap, net of tax of $899 in 2020, $1,211 in 2019 and ($64) in 2018       (4,237) (4,237)
Shares withheld on restricted stock vesting   (72)     (72)
Stock based compensation $ 1 1,367     1,368
Stock based compensation (in shares) 62,045        
Balance at Mar. 31, 2020 $ 229 156,296 143,618 (7,108) 293,035
Balance (in shares) at Mar. 31, 2020 22,857,457        
Increase (Decrease) in Stockholders' Equity          
Impact due to adoption | ASU 2016-13     (557)   (557)
Balance at Dec. 31, 2020 $ 229 157,758 47,712 (5,495) 200,204
Balance (in shares) at Dec. 31, 2020 22,857,457        
Increase (Decrease) in Stockholders' Equity          
Net loss     742   742
Dividends paid     (6,790)   (6,790)
Adjustment for pension and postretirement benefit liability, net of tax of $34 in 2020, ($94) in 2019 and ($558) in 2018       (58) (58)
Adjustment for interest rate swap, net of tax of $899 in 2020, $1,211 in 2019 and ($64) in 2018       564 564
Stock based compensation $ 1 1,964     1,965
Stock based compensation (in shares) 98,015        
Balance at Mar. 31, 2021 $ 230 $ 159,722 $ 41,664 $ (4,989) $ 196,627
Balance (in shares) at Mar. 31, 2021 22,955,472