Shareholders' Equity

6 Months Ended

Jun. 30, 2011

Shareholders' Equity

Shareholders' Equity

NOTE 13:SHAREHOLDERS' EQUITY

The Company has 10,000,000 authorized shares of common stock at a par value of $0.01; 5,000 authorized Preferred Shares at a par value of $100; and 10,000,000 authorized shares of preferred stock at a par value of $0.01.

A summary of the changes to shareholders' equity for the six months ended June 30, 2011 and 2010 is provided below:

		2011		2010
Shareholders' equity, beginning of period	$	36,425	$	37,905
Net income		632		1,821
Dividends paid on common stock		(2,847)		(2,596)
Dividends paid on preferred stock		(13)		(13)
Stock and stock option compensation		626		164
Treasury stock purchases		(1,476)		0
Exercise of stock options		1,136		0
Unrealized gain (loss) on investments		8		(92)
Changes in pension and postretirement benefit plans		193		240
Shareholders' equity, end of period	$	34,684	$	37,429