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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2019 15,227,604        
Balance at Dec. 31, 2019 $ 15 $ 57,442 $ 107,581 $ (7,484) $ 157,554
Common shares issued upon exercise of options, net (in shares) 9,620        
Common shares issued upon exercise of options, net   50 (17)   33
Share-based compensation expense   1,061     1,061
Net income     18,541   18,541
Cash flow hedges, net of taxes       (11) (11)
Pensions, net of taxes       732 732
Change in currency translation adjustment, net of taxes       (1,401) (1,401)
Restricted shares issued (in shares) 38,015        
Restricted shares issued         0
Cash dividends declared     (1,521)   (1,521)
Tax benefit from vesting of acquisition-related restricted stock   (13)     (13)
Common stock reacquired and retired (in shares) (43,458)        
Common stock reacquired and retired   (159) (341)   (500)
Balance (in shares) at Jun. 30, 2020 15,231,781        
Balance at Jun. 30, 2020 $ 15 58,381 124,243 (8,164) 174,475
Balance (in shares) at Mar. 31, 2020 15,222,161        
Balance at Mar. 31, 2020 $ 15 57,669 109,086 (8,380) 158,390
Common shares issued upon exercise of options, net (in shares) 9,620        
Common shares issued upon exercise of options, net   50 (17)   33
Share-based compensation expense   662     662
Net income     15,174   15,174
Cash flow hedges, net of taxes       (6) (6)
Pensions, net of taxes       384 384
Change in currency translation adjustment, net of taxes       (162) (162)
Balance (in shares) at Jun. 30, 2020 15,231,781        
Balance at Jun. 30, 2020 $ 15 58,381 124,243 (8,164) $ 174,475
Balance (in shares) at Dec. 31, 2020 15,391,660       15,391,660
Balance at Dec. 31, 2020 $ 15 61,844 141,972 (12,201) $ 191,630
Common shares issued upon exercise of options, net (in shares) 230,158       234,092
Common shares issued upon exercise of options, net $ 1 2,299 (178)   $ 2,122
Share-based compensation expense   1,669     1,669
Net income     16,855   16,855
Cash flow hedges, net of taxes       (11) (11)
Pensions, net of taxes       6,335 6,335
Change in currency translation adjustment, net of taxes       386 386
Performance based shares issued (in shares) 42,823        
Performance based shares issued         0
Restricted shares issued (in shares) 159,889        
Restricted shares issued         0
Tax withheld on exercise of performance based shares   (405)     (405)
Cash dividends declared     (3,437)   (3,437)
Tax benefit from vesting of acquisition-related restricted stock   171     $ 171
Balance (in shares) at Jun. 30, 2021 15,824,530       15,824,530
Balance at Jun. 30, 2021 $ 16 65,578 155,212 (5,491) $ 215,315
Balance (in shares) at Mar. 31, 2021 15,582,835        
Balance at Mar. 31, 2021 $ 15 62,773 150,734 (12,139) 201,383
Share-based compensation expense   837     837
Net income     6,377   6,377
Cash flow hedges, net of taxes       (6) (6)
Pensions, net of taxes       5,621 5,621
Change in currency translation adjustment, net of taxes       1,033 1,033
Common shares issued upon exercise of options and SARs, net (in shares) 219,412        
Common shares issued upon exercise of options and SARs, net $ 1 2,001 (10)   1,992
Performance based shares issued (in shares) 3,148        
Performance based shares issued         0
Restricted shares issued (in shares) 19,135        
Restricted shares issued         0
Tax withheld on exercise of performance based shares   (33)     (33)
Cash dividends declared     (1,889)   $ (1,889)
Balance (in shares) at Jun. 30, 2021 15,824,530       15,824,530
Balance at Jun. 30, 2021 $ 16 $ 65,578 $ 155,212 $ (5,491) $ 215,315