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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 36,249     36,249      
Pension and postretirement benefits (net of tax effect) (9)       (9)    
Foreign currency translation 268       268    
Cash dividends (15,132)     (15,132)      
Stock options exercised 505 20 458       27
Stock-based compensation 1,041   1,041        
Purchase of common stock for treasury stock (2,934)           (2,934)
Issuance of treasury stock 487   395       92
Balance at end of period at Sep. 30, 2020 351,543 37,220 43,850 306,996 684 (154) (37,053)
Balance at beginning of period at Jun. 30, 2020 341,143 37,220 43,456 297,370 245 (154) (36,994)
Net earnings 14,861     14,861      
Pension and postretirement benefits (net of tax effect) (11)       (11)    
Foreign currency translation 450       450    
Cash dividends (5,235)     (5,235)      
Stock options exercised 27   20       7
Stock-based compensation 336   336        
Purchase of common stock for treasury stock (61)           (61)
Issuance of treasury stock 33   38       (5)
Balance at end of period at Sep. 30, 2020 351,543 37,220 43,850 306,996 684 $ (154) (37,053)
Balance at beginning of period at Dec. 31, 2020 361,259 37,221 44,964 314,850 1,313   (37,089)
Net earnings 43,608     43,608      
Pension and postretirement benefits (net of tax effect) 9       9    
Foreign currency translation (155)       (155)    
Cash dividends (16,408)     (16,408)      
Stock options exercised 2,037   1,623       414
Stock-based compensation 1,537   1,537        
Purchase of common stock for treasury stock (460)           (460)
Issuance of treasury stock 397   308       89
Balance at end of period at Sep. 30, 2021 391,824 37,221 48,432 342,050 1,167   (37,046)
Balance at beginning of period at Jun. 30, 2021 381,847 37,221 46,500 332,104 3,411   (37,389)
Net earnings 15,855     15,855      
Pension and postretirement benefits (net of tax effect) 4       4    
Foreign currency translation (2,248)       (2,248)    
Cash dividends (5,909)     (5,909)      
Stock options exercised 1,685   1,342       343
Stock-based compensation 590   590        
Balance at end of period at Sep. 30, 2021 $ 391,824 $ 37,221 $ 48,432 $ 342,050 $ 1,167   $ (37,046)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.