Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders' Equity (Unaudited)

v3.23.3
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 27,097 0 27,097
Dividends paid 0 0 (20,273) 0 (20,273)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 (123) (123)
Adjustment for interest rate swap, net of tax $ 0 0 0 9,565 9,565
Stock based compensation (in shares) 76,930        
Stock based compensation $ 1 5,562 0 0 5,563
Adjustment for pension and postretirement benefit liability, net of tax $ (0) (0) (0) 123 123
Repurchase of common stock (in shares) (171,088)        
Repurchase of common stock $ (2) (5,999) 0 0 (6,001)
Balance (in shares) at Sep. 30, 2022 22,886,793        
Balance at Sep. 30, 2022 $ 229 163,115 58,705 8,389 230,438
Balance (in shares) at Jun. 30, 2022 22,886,793        
Balance at Jun. 30, 2022 $ 229 162,605 52,184 4,637 219,655
Net income 0 0 13,280 0 13,280
Dividends paid 0 0 (6,759) 0 (6,759)
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 3,793 3,793
Stock based compensation (in shares) 0        
Stock based compensation $ 0 510 0 0 510
Adjustment for pension and postretirement benefit liability, net of tax $ 0 0 0 (41) (41)
Balance (in shares) at Sep. 30, 2022 22,886,793        
Balance at Sep. 30, 2022 $ 229 163,115 58,705 8,389 230,438
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 16,646 0 16,646
Dividends paid 0 0 (20,689) 0 (20,689)
Adjustment for pension and postretirement benefit liability, net of tax 0 0 0 (159) (159)
Adjustment for interest rate swap, net of tax $ 0 0 0 (204) (204)
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) 159 159
Balance (in shares) at Sep. 30, 2023 22,983,965        
Balance at Sep. 30, 2023 $ 230 168,516 59,421 8,765 236,932
Balance (in shares) at Jun. 30, 2023 22,983,965        
Balance at Jun. 30, 2023 $ 230 168,516 60,508 8,906 238,160
Net income 0 0 5,792 0 5,792
Dividends paid 0 0 (6,879) 0 (6,879)
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 (88) (88)
Stock based compensation (in shares) 0        
Stock based compensation $ 0 0 0 0 0
Adjustment for pension and postretirement benefit liability, net of tax $ (0) (0) (0) 53 53
Balance (in shares) at Sep. 30, 2023 22,983,965        
Balance at Sep. 30, 2023 $ 230 $ 168,516 $ 59,421 $ 8,765 $ 236,932