Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders' Equity (Unaudited)

v3.23.2
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - 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, 2021 22,980,951        
Balance at Dec. 31, 2021 $ 230 $ 163,552 $ 51,881 $ (1,053) $ 214,610
Net income 0 0 13,817 0 13,817
Dividends paid 0 0 (13,514) 0 (13,514)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 (82) (82)
Adjustment for interest rate swap, net of tax $ 0 0 0 5,772 5,772
Stock based compensation (in shares) 76,930        
Stock based compensation $ 1 5,052 0 0 5,053
Adjustment for pension and postretirement benefit liability, net of tax $ (0) (0) (0) 82 82
Repurchase of common stock (in shares) (171,088)        
Repurchase of common stock $ (2) (5,999) 0 0 (6,001)
Balance (in shares) at Jun. 30, 2022 22,886,793        
Balance at Jun. 30, 2022 $ 229 162,605 52,184 4,637 219,655
Balance (in shares) at Mar. 31, 2022 22,976,150        
Balance at Mar. 31, 2022 $ 230 162,451 41,225 3,185 207,091
Net income 0 0 17,725 0 17,725
Dividends paid 0 0 (6,766) 0 (6,766)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 41 41
Adjustment for interest rate swap, net of tax 0 0 0 1,493 1,493
Stock based compensation 0 3,153 0 0 3,153
Adjustment for pension and postretirement benefit liability, net of tax $ 0 0 0 (41) (41)
Repurchase of common stock (in shares) (89,357)        
Repurchase of common stock $ (1) (2,999) 0 0 (3,000)
Balance (in shares) at Jun. 30, 2022 22,886,793        
Balance at Jun. 30, 2022 $ 229 162,605 52,184 4,637 219,655
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 10,854 0 10,854
Dividends paid 0 0 (13,810) 0 (13,810)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 (106) (106)
Adjustment for interest rate swap, net of tax $ 0 0 0 (116) (116)
Stock based compensation (in shares) 97,172        
Stock based compensation $ 1 4,235 0 0 4,236
Adjustment for pension and postretirement benefit liability, net of tax $ (0) (0) (0) 106 106
Balance (in shares) at Jun. 30, 2023 22,983,965        
Balance at Jun. 30, 2023 $ 230 168,516 60,508 8,906 238,160
Balance (in shares) at Mar. 31, 2023 22,956,204        
Balance at Mar. 31, 2023 $ 230 165,237 43,394 7,539 216,400
Net income 0 0 23,964 0 23,964
Dividends paid 0 0 (6,850) 0 (6,850)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 (53) (53)
Adjustment for interest rate swap, net of tax $ 0 0 0 1,420 1,420
Stock based compensation (in shares) 27,761        
Stock based compensation $ 0 3,279 0 0 3,279
Adjustment for pension and postretirement benefit liability, net of tax $ (0) (0) (0) 53 53
Balance (in shares) at Jun. 30, 2023 22,983,965        
Balance at Jun. 30, 2023 $ 230 $ 168,516 $ 60,508 $ 8,906 $ 238,160