Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.22.4
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2019 22,795,412        
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2019 $ 0 $ 0 $ (557) $ 0 $ (557)
Balance at Dec. 31, 2019 $ 228 155,001 160,748 (2,814) 313,163
Net loss (in shares) 0        
Net income (loss) $ 0 0 (86,553) 0 (86,553)
Dividends paid 0 0 (25,926) 0 (25,926)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 (97) (97)
Adjustment for interest rate swap, net of tax 0 0 0 (2,584) (2,584)
Shares withheld on restricted stock vesting $ 0 (72) 0 0 (72)
Stock based compensation (in shares) 62,045        
Stock based compensation $ 1 2,829 0 0 2,830
Balance (in shares) at Dec. 31, 2020 22,857,457        
Balance at Dec. 31, 2020 $ 229 157,758 47,712 (5,495) 200,204
Net income (loss) 0 0 30,691 0 30,691
Dividends paid 0 0 (26,522) 0 (26,522)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 329 329
Adjustment for interest rate swap, net of tax $ 0 0 0 4,113 4,113
Stock based compensation (in shares) 123,494        
Stock based compensation $ 1 5,794 0 0 5,795
Balance (in shares) at Dec. 31, 2021 22,980,951        
Balance at Dec. 31, 2021 $ 230 163,552 51,881 (1,053) 214,610
Net loss (in shares) (171,088)        
Net income (loss) $ 0 0 38,609 0 38,609
Dividends paid 0 0 (27,026) 0 (27,026)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 541 541
Adjustment for interest rate swap, net of tax $ 0 0 0 9,640 9,640
Stock based compensation (in shares) 76,930        
Stock based compensation $ 1 6,728 0 0 6,729
Repurchase of common stock $ (2) (5,999) 0 0 (6,001)
Balance (in shares) at Dec. 31, 2022 22,886,793        
Balance at Dec. 31, 2022 $ 229 $ 164,281 $ 63,464 $ 9,128 $ 237,102