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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 16,551     16,551      
ASU adoption impact | Accounting Standards Update 2014-09 (128)     (128)      
ASU adoption impact | Accounting Standards Update 2018-02 (1,700)     1,700 (1,700)    
Pension and postretirement benefits (net of tax effect) 13,168       13,168    
Foreign currency translation (281)       (281)    
Cash dividends (11,915)     (11,915)      
Stock options exercised 933 33 900        
Stock-based compensation 3,374   3,374        
Purchase of common stock for treasury stock (4,451)           (4,451)
Issuance of treasury stock 528   353       175
Balance at end of period at Sep. 30, 2018 295,230 37,198 36,809 250,432 294 (461) (29,042)
Balance at beginning of period at Jun. 30, 2018 288,470 37,177 33,681 250,242 (5,508) (461) (26,661)
Increase (Decrease) in Stockholders' Equity              
Net earnings 2,851     2,851      
ASU adoption impact | Accounting Standards Update 2018-02       1,700 (1,700)    
Pension and postretirement benefits (net of tax effect) 7,396       7,396    
Foreign currency translation 106       106    
Cash dividends (4,361)     (4,361)      
Stock options exercised 702 21 681        
Stock-based compensation 2,430   2,430        
Purchase of common stock for treasury stock (2,462)           (2,462)
Issuance of treasury stock 98   17       81
Balance at end of period at Sep. 30, 2018 295,230 37,198 36,809 250,432 294 (461) (29,042)
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 34,903     34,903      
Pension and postretirement benefits (net of tax effect) 333       333    
Foreign currency translation (509)       (509)    
Cash dividends (13,665)     (13,665)      
Stock options exercised 963 2 832       129
Stock-based compensation 882   882        
Purchase of common stock for treasury stock (3,358)           (3,358)
Issuance of treasury stock 587   510       77
Balance at end of period at Sep. 30, 2019 323,639 37,200 40,306 278,551 404 (306) (32,516)
Balance at beginning of period at Jun. 30, 2019 316,452 37,200 39,746 270,772 1,066 (306) (32,026)
Increase (Decrease) in Stockholders' Equity              
Net earnings 12,721     12,721      
Pension and postretirement benefits (net of tax effect) (16)       (16)    
Foreign currency translation (646)       (646)    
Cash dividends (4,942)     (4,942)      
Stock options exercised 215   192       23
Stock-based compensation 328   328        
Purchase of common stock for treasury stock (521)           (521)
Issuance of treasury stock 48   40       8
Balance at end of period at Sep. 30, 2019 $ 323,639 $ 37,200 $ 40,306 $ 278,551 $ 404 $ (306) $ (32,516)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.