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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 Income (Loss) 48,957     48,957    
Pension and postretirement benefits (net of tax effect) (16)       (16)  
Foreign currency translation (13,104)       (13,104)  
Cash dividends (18,285)     (18,285)    
Stock options exercised 61   50     11
Stock-based compensation 2,170   2,170      
Purchase of common stock for treasury stock (427)         (427)
Issuance of treasury stock 433   336     97
Balance at end of period at Sep. 30, 2022 422,859 37,221 51,780 384,207 (12,984) (37,365)
Balance at beginning of period at Jun. 30, 2022 416,183 37,221 51,015 372,856 (7,544) (37,365)
Net Income (Loss) 17,933     17,933    
Pension and postretirement benefits (net of tax effect) (16)       (16)  
Foreign currency translation (5,424)       (5,424)  
Cash dividends (6,582)     (6,582)    
Stock options exercised 61   50     11
Stock-based compensation 704   704      
Issuance of treasury stock     11     (11)
Balance at end of period at Sep. 30, 2022 422,859 37,221 51,780 384,207 (12,984) (37,365)
Balance at beginning of period at Dec. 31, 2022 442,422 37,221 53,282 395,155 (5,983) (37,253)
Net Income (Loss) 67,877     67,877    
Pension and postretirement benefits (net of tax effect) (103)       (103)  
Foreign currency translation (1,313)       (1,313)  
Cash dividends (21,110)     (21,110)    
Stock options exercised 967   824     143
Stock-based compensation 3,963   3,963      
Issuance of treasury stock 3   (107)     110
Balance at end of period at Sep. 30, 2023 492,706 37,221 57,962 441,922 (7,399) (37,000)
Balance at beginning of period at Jun. 30, 2023 475,592 37,221 55,833 423,877 (4,203) (37,136)
Net Income (Loss) 25,969     25,969    
Pension and postretirement benefits (net of tax effect) (38)       (38)  
Foreign currency translation (3,158)       (3,158)  
Cash dividends (7,924)     (7,924)    
Stock options exercised 909   774     135
Stock-based compensation 1,356   1,356      
Issuance of treasury stock     (1)     1
Balance at end of period at Sep. 30, 2023 $ 492,706 $ 37,221 $ 57,962 $ 441,922 $ (7,399) $ (37,000)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.