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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
Balance at beginning of period 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
Balance at end of period 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 benefit 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
Balance at end of period at Dec. 31, 2016 256,209 37,122 [1] 28,022 223,876 (11,635) (614) (20,562)
Increase (Decrease) in Stockholders' Equity              
Net earnings 34,571     34,571      
Pension and postretirement benefits (net of tax effect) (1,102)       (1,102)    
Foreign currency translation 1,844       1,844    
Cash dividends (14,223)     (14,223)      
Stock options exercised 1,871 43 [1] 1,798       30
ESSOP transactions 359   205     154  
Stock-based compensation 1,725   1,725        
Purchase of common stock for treasury stock (4,402)           (4,402)
Issuance of treasury stock 600   432       168
Balance at end of period at Dec. 31, 2017 $ 277,452 $ 37,165 [1] $ 32,182 $ 244,224 $ (10,893) $ (460) $ (24,766)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.