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Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Cumulative effect of change in accounting principle
Common Stock
Additional paid-in capital
Retaining Earnings
Retaining Earnings
Cumulative effect of change in accounting principle
Accumulated other comprehensive income
Balance, beginning (in shares) at Dec. 31, 2018     25,097,408        
Balance, beginning at Dec. 31, 2018 $ 888,375 $ (513) $ 25 $ 203,350 $ 715,472 $ (513) $ (30,472)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 44,521       44,521    
Stock based compensation (in shares)     70,414        
Stock based compensation 3,438     3,438      
Dividends on common stock (7,797)       (7,797)    
Change in net unrealized investment appreciation [1] 26,279           26,279
Change in liability for underfunded employee benefit plans [2] 888           888
Balance, ending (in shares) at Mar. 31, 2019     25,167,822        
Balance, ending at Mar. 31, 2019 955,191   $ 25 206,788 751,683   (3,305)
Balance, beginning (in shares) at Dec. 31, 2018     25,097,408        
Balance, beginning at Dec. 31, 2018 888,375 (513) $ 25 203,350 715,472 (513) (30,472)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 37,983            
Balance, ending (in shares) at Sep. 30, 2019     25,081,726        
Balance, ending at Sep. 30, 2019 964,168   $ 25 202,504 728,536   33,103
Balance, beginning (in shares) at Mar. 31, 2019     25,167,822        
Balance, beginning at Mar. 31, 2019 955,191   $ 25 206,788 751,683   (3,305)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (4,196)       (4,196)    
Shares repurchased (in shares)     (1,507)        
Shares repurchased (69)     (69)      
Stock based compensation (in shares)     78,885        
Stock based compensation 2,252     2,252      
Dividends on common stock (8,325)       (8,325)    
Change in net unrealized investment appreciation [1] 22,562           22,562
Change in liability for underfunded employee benefit plans [2] 888           888
Balance, ending (in shares) at Jun. 30, 2019     25,245,200        
Balance, ending at Jun. 30, 2019 968,303   $ 25 208,971 739,162   20,145
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (2,342)       (2,342)    
Shares repurchased (in shares)     (177,249)        
Shares repurchased (8,058)     (8,058)      
Stock based compensation (in shares)     13,775        
Stock based compensation 1,591     1,591      
Dividends on common stock (8,284)       (8,284)    
Change in net unrealized investment appreciation [1] 12,070           12,070
Change in liability for underfunded employee benefit plans [2] 888           888
Balance, ending (in shares) at Sep. 30, 2019     25,081,726        
Balance, ending at Sep. 30, 2019 $ 964,168   $ 25 202,504 728,536   33,103
Balance, beginning (in shares) at Dec. 31, 2019 25,015,963   25,015,963        
Balance, beginning at Dec. 31, 2019 $ 910,472 (30) $ 25 200,179 697,116 (30) 13,152
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (72,534)       (72,534)    
Shares repurchased (in shares)     (70,467)        
Shares repurchased (2,741)     (2,741)      
Stock based compensation (in shares)     70,597        
Stock based compensation 879     879      
Dividends on common stock (8,249)       (8,249)    
Change in net unrealized investment appreciation [1] 4,500           4,500
Change in liability for underfunded employee benefit plans [2] 847           847
Balance, ending (in shares) at Mar. 31, 2020     25,016,093        
Balance, ending at Mar. 31, 2020 $ 833,144   $ 25 198,317 616,303   18,499
Balance, beginning (in shares) at Dec. 31, 2019 25,015,963   25,015,963        
Balance, beginning at Dec. 31, 2019 $ 910,472 $ (30) $ 25 200,179 697,116 $ (30) 13,152
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) $ (103,815)            
Balance, ending (in shares) at Sep. 30, 2020 25,031,234   25,031,234        
Balance, ending at Sep. 30, 2020 $ 820,282   $ 25 200,849 568,501   50,907
Balance, beginning (in shares) at Mar. 31, 2020     25,016,093        
Balance, beginning at Mar. 31, 2020 833,144   $ 25 198,317 616,303   18,499
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 5,960       5,960    
Stock based compensation (in shares)     15,141        
Stock based compensation 1,479     1,479      
Dividends on common stock (8,267)       (8,267)    
Change in net unrealized investment appreciation [1] 27,504           27,504
Change in liability for underfunded employee benefit plans [2] 847           847
Balance, ending (in shares) at Jun. 30, 2020     25,031,234        
Balance, ending at Jun. 30, 2020 860,667   $ 25 199,796 613,996   46,850
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (37,241)       (37,241)    
Stock based compensation 1,053     1,053      
Dividends on common stock (8,254)       (8,254)    
Change in net unrealized investment appreciation 3,209 [1]           3,209
Change in liability for underfunded employee benefit plans $ 848 [2]           848
Balance, ending (in shares) at Sep. 30, 2020 25,031,234   25,031,234        
Balance, ending at Sep. 30, 2020 $ 820,282   $ 25 $ 200,849 $ 568,501   $ 50,907
[1] The change in net unrealized appreciation is net of reclassification adjustments and income taxes.
[2] The change in liability for underfunded employee benefit plans is net of reclassification adjustments and income taxes.