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Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional paid-in capital
Retaining Earnings
Accumulated other comprehensive income
Balance, beginning (in shares) at Dec. 31, 2021   25,082,104      
Beginning balance at Dec. 31, 2021 $ 879,121 $ 25 $ 203,375 $ 621,384 $ 54,337
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 28,349     28,349  
Stock based compensation (in shares)   37,140      
Stock based compensation 631   631    
Dividends on common stock (3,767)     (3,767)  
Change in net unrealized investment appreciation (depreciation) [1] (65,793)       (65,793)
Change in liability for underfunded employee benefit plans [2] (2,916)       (2,916)
Balance, ending (in shares) at Mar. 31, 2022   25,119,244      
Ending balance at Mar. 31, 2022 835,625 $ 25 204,006 645,966 (14,372)
Balance, beginning (in shares) at Dec. 31, 2021   25,082,104      
Beginning balance at Dec. 31, 2021 879,121 $ 25 203,375 621,384 54,337
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) (5,089)        
Balance, ending (in shares) at Sep. 30, 2022   25,191,414      
Ending balance at Sep. 30, 2022 700,795 $ 25 206,811 604,469 (110,510)
Balance, beginning (in shares) at Mar. 31, 2022   25,119,244      
Beginning balance at Mar. 31, 2022 835,625 $ 25 204,006 645,966 (14,372)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) (10,457)     (10,457)  
Stock based compensation (in shares)   67,404      
Stock based compensation 2,159   2,159    
Dividends on common stock (4,028)     (4,028)  
Change in net unrealized investment appreciation (depreciation) [1] (39,480)       (39,480)
Change in liability for underfunded employee benefit plans [2] (2,916)       (2,916)
Balance, ending (in shares) at Jun. 30, 2022   25,186,648      
Ending balance at Jun. 30, 2022 780,903 $ 25 206,165 631,481 (56,768)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) (22,981)     (22,981)  
Stock based compensation (in shares)   4,766      
Stock based compensation 646   646    
Dividends on common stock (4,031)     (4,031)  
Change in net unrealized investment appreciation (depreciation) [1] (50,826)       (50,826)
Change in liability for underfunded employee benefit plans [2] (2,916)       (2,916)
Balance, ending (in shares) at Sep. 30, 2022   25,191,414      
Ending balance at Sep. 30, 2022 $ 700,795 $ 25 206,811 604,469 (110,510)
Balance, beginning (in shares) at Dec. 31, 2022 25,210,541 25,210,541      
Beginning balance at Dec. 31, 2022 $ 740,114 $ 25 207,030 620,555 (87,496)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 694     694  
Stock based compensation (in shares)   21,012      
Stock based compensation 980   980    
Dividends on common stock (4,037)     (4,037)  
Change in net unrealized investment appreciation (depreciation) [3] 14,650       14,650
Change in liability for underfunded employee benefit plans [4] (607)       (607)
Balance, ending (in shares) at Mar. 31, 2023   25,231,553      
Ending balance at Mar. 31, 2023 $ 751,795 $ 25 208,010 617,213 (73,453)
Balance, beginning (in shares) at Dec. 31, 2022 25,210,541 25,210,541      
Beginning balance at Dec. 31, 2022 $ 740,114 $ 25 207,030 620,555 (87,496)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) $ (49,308)        
Balance, ending (in shares) at Sep. 30, 2023 25,263,742 25,263,742      
Ending balance at Sep. 30, 2023 $ 644,937 $ 25 209,931 559,126 (124,145)
Balance, beginning (in shares) at Mar. 31, 2023   25,231,553      
Beginning balance at Mar. 31, 2023 751,795 $ 25 208,010 617,213 (73,453)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) (56,382)     (56,382)  
Stock based compensation (in shares)   31,396      
Stock based compensation 977   977    
Dividends on common stock (4,042)     (4,042)  
Change in net unrealized investment appreciation (depreciation) [3] (15,376)       (15,376)
Change in liability for underfunded employee benefit plans [4] (606)       (606)
Balance, ending (in shares) at Jun. 30, 2023   25,262,949      
Ending balance at Jun. 30, 2023 676,365 $ 25 208,987 556,788 (89,435)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 6,380     6,380  
Stock based compensation (in shares)   793      
Stock based compensation 944   944    
Dividends on common stock (4,042)     (4,042)  
Change in net unrealized investment appreciation (depreciation) [3] (34,103)       (34,103)
Change in liability for underfunded employee benefit plans [4] $ (607)       (607)
Balance, ending (in shares) at Sep. 30, 2023 25,263,742 25,263,742      
Ending balance at Sep. 30, 2023 $ 644,937 $ 25 $ 209,931 $ 559,126 $ (124,145)
[1] The change in net unrealized appreciation (depreciation) 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.
[3] The change in net unrealized appreciation (depreciation) is net of reclassification adjustments and income taxes.
[4] The change in liability for underfunded employee benefit plans is net of reclassification adjustments and income taxes.