Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders' Equity (Unaudited)

v3.23.2
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2021   11,085,000      
Beginning balance at Dec. 31, 2021 $ 111,590 $ 11,085 $ 46,058 $ 63,080 $ (8,633)
Treasury stock, beginning balance (in shares) at Dec. 31, 2021         918,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 21,317     21,317  
Issuance of shares of common stock from treasury $ 364   (348)   $ 712
Issuance of shares of common stock from treasury (in shares) (75,783)       (76,000)
Exercise of stock options for shares, net $ 161       $ 161
Exercise of stock options for shares, net (in shares)         (17,000)
Stock-based compensation 452   452    
Ending balance (in shares) at Jun. 30, 2022   11,085,000      
Ending balance at Jun. 30, 2022 133,884 $ 11,085 46,162 84,397 $ (7,760)
Treasury stock, ending balance (in shares) at Jun. 30, 2022         825,000
Beginning balance (in shares) at Mar. 31, 2022   11,085,000      
Beginning balance at Mar. 31, 2022 122,354 $ 11,085 46,028 73,340 $ (8,099)
Treasury stock, beginning balance (in shares) at Mar. 31, 2022         861,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 11,057     11,057  
Issuance of shares of common stock from treasury $ 110   (198)   $ 308
Issuance of shares of common stock from treasury (in shares) (32,701)       (33,000)
Exercise of stock options for shares, net $ 43   12   $ 31
Exercise of stock options for shares, net (in shares)         (3,000)
Stock-based compensation 320   320    
Ending balance (in shares) at Jun. 30, 2022   11,085,000      
Ending balance at Jun. 30, 2022 133,884 $ 11,085 46,162 84,397 $ (7,760)
Treasury stock, ending balance (in shares) at Jun. 30, 2022         825,000
Beginning balance (in shares) at Dec. 31, 2022   11,085,000      
Beginning balance at Dec. 31, 2022 $ 134,259 $ 11,085 47,021 85,146 $ (8,993)
Treasury stock, beginning balance (in shares) at Dec. 31, 2022 924,504       924,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) $ (19,835)     (19,835)  
Issuance of shares of common stock from treasury $ 0   (476)   $ 476
Issuance of shares of common stock from treasury (in shares) (48,776)       (49,000)
Stock-based compensation $ 406   406    
Repurchase of shares of common stock (in shares)         52,000
Repurchase of shares of common stock (504)       $ (504)
Ending balance (in shares) at Jun. 30, 2023   11,085,000      
Ending balance at Jun. 30, 2023 $ 114,326 $ 11,085 46,951 65,311 $ (9,021)
Treasury stock, ending balance (in shares) at Jun. 30, 2023 926,884       927,000
Beginning balance (in shares) at Mar. 31, 2023   11,085,000      
Beginning balance at Mar. 31, 2023 $ 129,044 $ 11,085 46,903 79,947 $ (8,891)
Treasury stock, beginning balance (in shares) at Mar. 31, 2023         913,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) (14,636)     (14,636)  
Issuance of shares of common stock from treasury $ 0   (47)   $ 47
Issuance of shares of common stock from treasury (in shares) (4,797)       (5,000)
Stock-based compensation $ 95   95    
Repurchase of shares of common stock (in shares)         19,000
Repurchase of shares of common stock (177)       $ (177)
Ending balance (in shares) at Jun. 30, 2023   11,085,000      
Ending balance at Jun. 30, 2023 $ 114,326 $ 11,085 $ 46,951 $ 65,311 $ (9,021)
Treasury stock, ending balance (in shares) at Jun. 30, 2023 926,884       927,000