Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.23.1
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Common stock in treasury, at cost (in shares)         1,123,000
Beginning balance at Dec. 31, 2020 $ 80,295 $ 10,300 $ 37,719 $ 42,835 $ (10,559)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 20,245     20,245  
Issuance of shares of common stock - Rights Offering $ 10,010 $ 785 9,225 0  
Issuance of common stock from the treasury (in shares) (191,673)       (192,000)
Issuance of shares of common stock - Rights Offering (in shares) 785,103 785,000     13,000
Issuance of shares of common stock from treasury $ 132   (1,670)   $ 1,802
Exercise of stock options , net 109   (15)   124
Share-based compensation 799   799   0
Ending balance at Dec. 31, 2021 $ 111,590 $ 11,085 46,058 63,080 $ (8,633)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Common stock in treasury, at cost (in shares) 918,471       918,000
Net income (loss) $ 22,066     22,066  
Issuance of shares of common stock - Rights Offering $ 364 0 (449)    
Issuance of common stock from the treasury (in shares) (86,274)       (86,000)
Issuance of shares of common stock - Rights Offering (in shares)         18,000
Issuance of shares of common stock from treasury $ 175   5   $ 813
Exercise of stock options , net 1,407   1,407   $ 170
Repurchase of stock (in shares)         110,000
Repurchase of common stock (1,343)   0   $ (1,343)
Ending balance at Dec. 31, 2022 $ 134,259 $ 11,085 $ 47,021 $ 85,146 $ (8,993)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Common stock in treasury, at cost (in shares) 924,504       924,000