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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS EQUITY - USD ($)
$ in Thousands
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-In Capital
Accumulated Surplus
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Surplus
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Total
BALANCE at Dec. 31, 2019 $ 114   $ 151,055   $ 108,341   $ (5,503)   $ 254,007  
Components of comprehensive income:                    
Net income           $ 29,830       $ 29,830
Foreign currency translation adjustment               $ 2,714   2,714
COMPREHENSIVE INCOME           29,830   2,714   32,544
Issuance of common stock to non-employee directors       $ 194           194
Dividends paid           (8,212)       (8,212)
BALANCE at Dec. 31, 2020   $ 114   151,249   129,959   (2,789)   278,533
Components of comprehensive income:                    
Net income           16,255       16,255
Foreign currency translation adjustment               (2,156)   (2,156)
COMPREHENSIVE INCOME           16,255   (2,156)   14,099
Issuance of common stock to non-employee directors       200           200
Dividends paid           (8,216)       (8,216)
BALANCE at Dec. 31, 2021   114   151,449   137,998   (4,945)   284,616
Components of comprehensive income:                    
Net income           20,346       20,346
Foreign currency translation adjustment               (4,228)   (4,228)
COMPREHENSIVE INCOME           20,346   (4,228)   16,118
Issuance of common stock to non-employee directors       200           200
Stock-based compensation on nonvested restricted stock units       743           743
Dividends paid           (8,220)       (8,220)
BALANCE at Dec. 31, 2022   $ 114   $ 152,392   $ 150,124   $ (9,173)   $ 293,457