Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY

v3.20.2
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, 2018 $ 227 $ 151,813 $ 136,765 $ (6,049) $ 282,756
Balance (in shares) at Dec. 31, 2018 22,700,991        
Increase (Decrease) in Stockholders' Equity          
Net loss     25,177   25,177
Dividends paid     (12,570)   (12,570)
Adjustment for pension and postretirement benefit liability, net of tax of $20 in 2020, ($18) in 2019       106 106
Adjustment for interest rate swap, net of tax of $1,489 in 2020, $378 in 2019       (3,527) (3,527)
Shares withheld on restricted stock vesting   (50)     (50)
Stock based compensation $ 1 2,535     2,536
Stock based compensation (in shares) 94,421        
Balance at Jun. 30, 2019 $ 228 154,298 149,372 (9,470) 294,428
Balance (in shares) at Jun. 30, 2019 22,795,412        
Balance at Dec. 31, 2018 $ 227 151,813 136,765 (6,049) 282,756
Balance (in shares) at Dec. 31, 2018 22,700,991        
Increase (Decrease) in Stockholders' Equity          
Pension termination, net of tax of ($2,237)         (6,380)
Balance at Dec. 31, 2019 $ 228 155,001 160,748 (2,814) 313,163
Balance (in shares) at Dec. 31, 2019 22,795,412        
Balance at Mar. 31, 2019 $ 228 152,816 130,176 (7,071) 276,149
Balance (in shares) at Mar. 31, 2019 22,795,412        
Increase (Decrease) in Stockholders' Equity          
Net loss     25,474   25,474
Dividends paid     (6,278)   (6,278)
Adjustment for pension and postretirement benefit liability, net of tax of $20 in 2020, ($18) in 2019       53 53
Adjustment for interest rate swap, net of tax of $1,489 in 2020, $378 in 2019       (2,452) (2,452)
Stock based compensation   1,482     1,482
Balance at Jun. 30, 2019 $ 228 154,298 149,372 (9,470) 294,428
Balance (in shares) at Jun. 30, 2019 22,795,412        
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     (113,945)   (113,945)
Dividends paid     (12,926)   (12,926)
Adjustment for pension and postretirement benefit liability, net of tax of $20 in 2020, ($18) in 2019       (114) (114)
Adjustment for interest rate swap, net of tax of $1,489 in 2020, $378 in 2019       (3,698) (3,698)
Shares withheld on restricted stock vesting   (72)     (72)
Stock based compensation $ 1 2,568     2,569
Stock based compensation (in shares) 62,045        
Balance at Jun. 30, 2020 $ 229 157,497 33,320 (6,626) 184,420
Balance (in shares) at Jun. 30, 2020 22,857,457        
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          
Net loss     (103,859)   (103,859)
Dividends paid     (6,439)   (6,439)
Adjustment for pension and postretirement benefit liability, net of tax of $20 in 2020, ($18) in 2019       (57) (57)
Adjustment for interest rate swap, net of tax of $1,489 in 2020, $378 in 2019       539 539
Stock based compensation   1,201     1,201
Balance at Jun. 30, 2020 $ 229 $ 157,497 33,320 $ (6,626) 184,420
Balance (in shares) at Jun. 30, 2020 22,857,457        
Increase (Decrease) in Stockholders' Equity          
Impact due to adoption     $ (557)   $ (557)