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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)
Employee benefit stock
Treasury stock (at cost)
Balance at beginning of period at Dec. 31, 2017 $ 277,451 $ 37,165 $ 32,182 $ 244,224 $ (10,893) $ (461) $ (24,766)
Increase (Decrease) in Stockholders' Equity              
Net earnings 13,700     13,700      
ASU adoption impact | Accounting Standards Update 2014-09 (128)     (128)      
Pension and postretirement benefits (net of tax effect) 5,772       5,772    
Foreign currency translation (387)       (387)    
Cash dividends (7,554)     (7,554)      
Stock options exercised 231 12 219        
Stock-based compensation 944   944        
Purchase of common stock for treasury stock (1,989)           (1,989)
Issuance of treasury stock 430   336       94
Balance at end of period at Jun. 30, 2018 288,470 37,177 33,681 250,242 (5,508) (461) (26,661)
Balance at beginning of period at Mar. 31, 2018 280,722 37,177 32,871 247,865 (10,411) (461) (26,319)
Increase (Decrease) in Stockholders' Equity              
Net earnings 6,154     6,154      
Pension and postretirement benefits (net of tax effect) 5,711       5,711    
Foreign currency translation (808)       (808)    
Cash dividends (3,777)     (3,777)      
Stock-based compensation 473   473        
Purchase of common stock for treasury stock (370)           (370)
Issuance of treasury stock 365   337       28
Balance at end of period at Jun. 30, 2018 288,470 37,177 33,681 250,242 (5,508) (461) (26,661)
Balance at beginning of period at Dec. 31, 2018 303,503 37,198 38,082 257,313 580 (306) (29,364)
Increase (Decrease) in Stockholders' Equity              
Net earnings 22,182     22,182      
Pension and postretirement benefits (net of tax effect) 349       349    
Foreign currency translation 137       137    
Cash dividends (8,723)     (8,723)      
Stock options exercised 748 2 640       106
Stock-based compensation 554   554        
Purchase of common stock for treasury stock (2,837)           (2,837)
Issuance of treasury stock 539   470       69
Balance at end of period at Jun. 30, 2019 316,452 37,200 39,746 270,772 1,066 (306) (32,026)
Balance at beginning of period at Mar. 31, 2019 308,613 37,200 38,756 263,777 311 (306) (31,125)
Increase (Decrease) in Stockholders' Equity              
Net earnings 11,358     11,358      
Pension and postretirement benefits (net of tax effect) 360       360    
Foreign currency translation 395       395    
Cash dividends (4,363)     (4,363)      
Stock options exercised 277   243       34
Stock-based compensation 289   289        
Purchase of common stock for treasury stock (964)           (964)
Issuance of treasury stock 487   458       29
Balance at end of period at Jun. 30, 2019 $ 316,452 $ 37,200 $ 39,746 $ 270,772 $ 1,066 $ (306) $ (32,026)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.