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Consolidated Condensed Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock at $1 par value
[1]
Capital in excess of par value
Reinvested earnings
Accumulated other comprehensive income (loss)
Treasury stock (at cost)
Balance at beginning of period at Dec. 31, 2021 $ 403,070 $ 37,221 $ 49,224 $ 353,535 $ 136 $ (37,046)
Net earnings 31,024     31,024    
Foreign currency translation (7,680)       (7,680)  
Cash dividends (11,703)     (11,703)    
Stock-based compensation 1,466   1,466      
Purchase of common stock for treasury stock (427)         (427)
Issuance of treasury stock 433   325     108
Balance at end of period at Jun. 30, 2022 416,183 37,221 51,015 372,856 (7,544) (37,365)
Balance at beginning of period at Mar. 31, 2022 409,881 37,221 49,758 362,046 (2,179) (36,965)
Net earnings 16,664     16,664    
Foreign currency translation (5,365)       (5,365)  
Cash dividends (5,854)     (5,854)    
Stock-based compensation 851   851      
Purchase of common stock for treasury stock (427)         (427)
Issuance of treasury stock 433   406     27
Balance at end of period at Jun. 30, 2022 416,183 37,221 51,015 372,856 (7,544) (37,365)
Balance at beginning of period at Dec. 31, 2022 442,422 37,221 53,282 395,155 (5,983) (37,253)
Net earnings 41,908     41,908    
Pension and postretirement benefits (net of tax effect) (65)       (65)  
Foreign currency translation 1,845       1,845  
Cash dividends (13,186)     (13,186)    
Stock options exercised 58   50     8
Stock-based compensation 2,607   2,607      
Issuance of treasury stock 3   (106)     109
Balance at end of period at Jun. 30, 2023 475,592 37,221 55,833 423,877 (4,203) (37,136)
Balance at beginning of period at Mar. 31, 2023 458,037 37,221 54,245 407,979 (4,258) (37,150)
Net earnings 22,493     22,493    
Pension and postretirement benefits (net of tax effect) (33)       (33)  
Foreign currency translation 88       88  
Cash dividends (6,595)     (6,595)    
Stock-based compensation 1,601   1,601      
Issuance of treasury stock 1   (13)     14
Balance at end of period at Jun. 30, 2023 $ 475,592 $ 37,221 $ 55,833 $ 423,877 $ (4,203) $ (37,136)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.