Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders' Equity (Unaudited)

v3.23.3
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) 21,941     21,941  
Issuance of shares of common stock from treasury $ 364   (387)   $ 751
Issuance of shares of common stock from treasury (in shares) (79,903)       (80,000)
Exercise of stock options for shares, net $ 175   5   $ 170
Exercise of stock options for shares, net (in shares)         (18,000)
Stock-based compensation 961   961    
Repurchase of shares of common stock (in shares)         30,000
Repurchase of shares of common stock (492)       $ (492)
Ending balance (in shares) at Sep. 30, 2022   11,085,000      
Ending balance at Sep. 30, 2022 134,539 $ 11,085 46,637 85,021 $ (8,204)
Treasury stock, ending balance (in shares) at Sep. 30, 2022         850,000
Beginning balance (in shares) at Jun. 30, 2022   11,085,000      
Beginning balance at Jun. 30, 2022 133,884 $ 11,085 46,162 84,397 $ (7,760)
Treasury stock, beginning balance (in shares) at Jun. 30, 2022         825,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) 624     624  
Issuance of shares of common stock from treasury $ 0   (39)   $ 39
Issuance of shares of common stock from treasury (in shares) (4,102)       (4,000)
Exercise of stock options for shares, net $ 13   4   $ 9
Exercise of stock options for shares, net (in shares)         (1,000)
Stock-based compensation 510   510    
Repurchase of shares of common stock (in shares)         30,000
Repurchase of shares of common stock (492)       $ (492)
Ending balance (in shares) at Sep. 30, 2022   11,085,000      
Ending balance at Sep. 30, 2022 134,539 $ 11,085 46,637 85,021 $ (8,204)
Treasury stock, ending balance (in shares) at Sep. 30, 2022         850,000
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) $ (37,767)     (37,767)  
Issuance of shares of common stock from treasury $ 0   (542)   $ 542
Issuance of shares of common stock from treasury (in shares) (55,636)       (55,000)
Stock-based compensation $ 710   710    
Repurchase of shares of common stock (in shares)         96,000
Repurchase of shares of common stock (900)       $ (900)
Ending balance (in shares) at Sep. 30, 2023   11,085,000      
Ending balance at Sep. 30, 2023 $ 96,302 $ 11,085 47,189 47,379 $ (9,351)
Treasury stock, ending balance (in shares) at Sep. 30, 2023 964,822       965,000
Beginning balance (in shares) at Jun. 30, 2023   11,085,000      
Beginning balance at Jun. 30, 2023 $ 114,326 $ 11,085 46,951 65,311 $ (9,021)
Treasury stock, beginning balance (in shares) at Jun. 30, 2023         927,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income (loss) (17,932)     (17,932)  
Issuance of shares of common stock from treasury $ 0   (67)   $ 67
Issuance of shares of common stock from treasury (in shares) (6,860)       (7,000)
Stock-based compensation $ 305   305    
Repurchase of shares of common stock (in shares)         45,000
Repurchase of shares of common stock (397)       $ (397)
Ending balance (in shares) at Sep. 30, 2023   11,085,000      
Ending balance at Sep. 30, 2023 $ 96,302 $ 11,085 $ 47,189 $ 47,379 $ (9,351)
Treasury stock, ending balance (in shares) at Sep. 30, 2023 964,822       965,000