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, 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     37,606   37,606
Dividends paid     (18,879)   (18,879)
Adjustment for pension and postretirement benefit liability, net of tax       159 159
Adjustment for interest rate swap, net of tax       (4,649) (4,649)
Shares withheld on restricted stock vesting   (50)     (50)
Stock based compensation $ 1 3,060     3,061
Stock based compensation (in shares) 94,421        
Balance at Sep. 30, 2019 $ 228 154,823 155,492 (10,539) 300,004
Balance (in shares) at Sep. 30, 2019 22,795,412        
Balance at Jun. 30, 2019 $ 228 154,298 149,372 (9,470) 294,428
Balance (in shares) at Jun. 30, 2019 22,795,412        
Increase (Decrease) in Stockholders' Equity          
Net loss     12,429   12,429
Dividends paid     (6,309)   (6,309)
Adjustment for pension and postretirement benefit liability, net of tax       53 53
Adjustment for interest rate swap, net of tax       (1,122) (1,122)
Stock based compensation   525     525
Balance at Sep. 30, 2019 $ 228 154,823 155,492 (10,539) 300,004
Balance (in shares) at Sep. 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     (104,715)   (104,715)
Dividends paid     (19,411)   (19,411)
Adjustment for pension and postretirement benefit liability, net of tax       (171) (171)
Adjustment for interest rate swap, net of tax       (3,152) (3,152)
Shares withheld on restricted stock vesting   (72)     (72)
Stock based compensation $ 1 2,767     2,768
Stock based compensation (in shares) 62,045        
Balance at Sep. 30, 2020 $ 229 157,696 36,065 (6,137) 187,853
Balance (in shares) at Sep. 30, 2020 22,857,457        
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          
Net loss     9,230   9,230
Dividends paid     (6,485)   (6,485)
Adjustment for pension and postretirement benefit liability, net of tax       (57) (57)
Adjustment for interest rate swap, net of tax       546 546
Stock based compensation   199     199
Balance at Sep. 30, 2020 $ 229 $ 157,696 36,065 $ (6,137) 187,853
Balance (in shares) at Sep. 30, 2020 22,857,457        
Increase (Decrease) in Stockholders' Equity          
Impact due to adoption     $ (557)   $ (557)