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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, 2019 $ 331,068 $ 37,200 $ 41,956 $ 285,879 $ 425 $ (154) $ (34,238)
Net earnings 11,854     11,854      
Pension and postretirement benefits (net of tax effect) 1       1    
Foreign currency translation (627)       (627)    
Cash dividends (4,948)     (4,948)      
Stock options exercised 478 20 438       20
Stock-based compensation 307   307        
Purchase of common stock for treasury stock (2,467)           (2,467)
Issuance of treasury stock 55   (11)       66
Balance at end of period at Mar. 31, 2020 335,721 37,220 42,690 292,785 (201) $ (154) (36,619)
Balance at beginning of period at Dec. 31, 2020 361,259 37,221 44,964 314,850 1,313   (37,089)
Net earnings 13,781     13,781      
Pension and postretirement benefits (net of tax effect) 3       3    
Foreign currency translation (714)       (714)    
Cash dividends (5,248)     (5,248)      
Stock options exercised 352   281       71
Stock-based compensation 374   374        
Issuance of treasury stock 42   (20)       62
Balance at end of period at Mar. 31, 2021 $ 369,849 $ 37,221 $ 45,599 $ 323,383 $ 602   $ (36,956)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.