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Shareholders' Equity
9 Months Ended
Sep. 30, 2011
Shareholders' Equity [Abstract] 
Shareholders' Equity

NOTE 16: 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 nine months ended September 30, 2011 and 2010 is provided below:

 

 

2011

 

 

2010

Shareholders' equity, beginning of period

$

36,425

 

$

37,905

Net income (loss)

 

(1,057)

 

 

3,087

Dividends paid on common stock

 

(4,273)

 

 

(3,896)

Dividends paid on preferred stock

 

(19)

 

 

(19)

Stock and stock option compensation

 

821

 

 

252

Treasury stock purchases

 

(1,474)

 

 

(17)

Exercise of stock options

 

1,138

 

 

36

Changes in unrealized gain (loss) on investments

 

32

 

 

(18)

Changes in pension and postretirement benefit plans

 

290

 

 

360

 

 

 

 

 

 

Shareholders' equity, end of period

$

31,883

 

$

37,690