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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock at $1 par value
Capital in excess of par value
Reinvested earnings
Accumulated other comprehensive income (loss)
Employee benefit stock
Treasury stock
Beginning balance at Dec. 31, 2013 $ 196,563 $ 41,008 [1] $ 25,123 $ 170,318 $ (7,524) $ (1,075) $ (31,287)
Increase (Decrease) in Stockholders' Equity              
Net earnings 29,678     29,678      
Pension and postretirement benefits (net of tax effect) (2,611)       (2,611)    
Foreign currency translation (1,721)       (1,721)    
Cash dividends (10,631)     (10,631)      
Stock options exercised 730 38 [1] 692        
Tax benefit on stock options and dividends 38   38        
ESSOP transactions 367   214     153  
Stock-based compensation 1,449   1,449        
Issuance of treasury stock 469   314       155
Ending balance at Dec. 31, 2014 214,331 41,046 [1] 27,830 189,365 (11,856) (922) (31,132)
Increase (Decrease) in Stockholders' Equity              
Net earnings 25,938     25,938      
Pension and postretirement benefits (net of tax effect) (77)       (77)    
Foreign currency translation (847)       (847)    
Cash dividends (11,259)     (11,259)      
Stock options exercised 1,641 57 [1] 1,517       67
Tax benefit on stock options and dividends 141   141        
ESSOP transactions 396   242     154  
Stock-based compensation 1,541   1,541        
Issuance of treasury stock 470   355       115
Ending balance at Dec. 31, 2015 232,275 41,103 [1] 31,626 204,044 (12,780) (768) (30,950)
Increase (Decrease) in Stockholders' Equity              
Net earnings 32,295     32,295      
Pension and postretirement benefits (net of tax effect) 1,473       1,473    
Foreign currency translation (328)       (328)    
Cash dividends (12,463)     (12,463)      
Stock options exercised 569 19 [1] 528       22
Tax deficiency on stock options and dividends (110)   (110)        
ESSOP transactions 443   289     154  
Stock-based compensation 1,537   1,537        
Retirement of treasury stock 0 (4,000) (6,260)       10,260
Issuance of treasury stock 518   412       106
Ending balance at Dec. 31, 2016 $ 256,209 $ 37,122 [1] $ 28,022 $ 223,876 $ (11,635) $ (614) $ (20,562)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.