Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Equity

v3.24.0.1
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, 2020 22,857,457        
Balance at Dec. 31, 2020 $ 229 $ 157,758 $ 47,712 $ (5,495) $ 200,204
Net income 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 income 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 (in shares) (171,088)        
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
Net income 0 0 23,723 0 23,723
Dividends paid 0 0 (27,441) 0 (27,441)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 3 3
Adjustment for interest rate swap, net of tax $ 0 0 0 (2,775) (2,775)
Stock based compensation (in shares) 97,172        
Stock based compensation $ 1 952 0 0 953
Balance (in shares) at Dec. 31, 2023 22,983,965        
Balance at Dec. 31, 2023 $ 230 $ 165,233 $ 59,746 $ 6,356 $ 231,565