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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Number of Common Shares outstanding
Treasury shares
Additional Paid-In Capital
Common Shares held in treasury
Retained earnings
Accumulated other comprehensive loss
Total
Balance at Dec. 31, 2018     $ 231,647 $ (8,880) $ 146,251 $ (85,752) $ 283,266
Net income         9,657   9,657
Common Stock, Share, Beginning Balance (in shares) at Dec. 31, 2018 28,488            
Treasury Stock, Shares, Beginning Balance at Dec. 31, 2018   478          
Unrealized gain on derivatives, net           42 42 [1]
Currency translation adjustments           (3,804) (3,804)
Issuance of Common Shares ( in shares) 305            
Issuance of Common Shares ( in treasury shares)   (305)          
Repurchased Common Shares for treasury,net       (1,883)     (1,883)
Repurchased Common Shares for treasury (in shares) (98)            
Repurchased Common Shares for treasury (in treasury shares)   98          
Share-based compensation     480       480
Balance at Mar. 31, 2019     232,127 (10,763) 155,908 (89,514) 287,758
Common Stock, Share, Ending Balance (in shares) at Mar. 31, 2019 28,695            
Treasury Stock, Shares, Ending Balance at Mar. 31, 2019   271          
Balance at Dec. 31, 2019     225,607 (50,773) 206,542 (91,472) 289,904
Net income         3,490   $ 3,490
Common Stock, Share, Beginning Balance (in shares) at Dec. 31, 2019 27,408           27,408
Treasury Stock, Shares, Beginning Balance at Dec. 31, 2019   1,558         1,558
Unrealized gain on derivatives, net           (3,655) $ (3,655) [1]
Currency translation adjustments           (17,119) (17,119)
Issuance of Common Shares ( in shares) 267            
Issuance of Common Shares ( in treasury shares)   (267)          
Repurchased Common Shares for treasury,net       4,769     4,769
Repurchased Common Shares for treasury (in shares) (75)            
Repurchased Common Shares for treasury (in treasury shares)   75          
Common Share repurchase program     10,000 (14,995)     (4,995)
Common Share repurchase program (in shares) (607)            
Common Share repurchase program (in treasury shares)   607          
Share-based compensation     (5,101)       (5,101)
Balance at Mar. 31, 2020     $ 230,506 $ (60,999) $ 210,032 $ (112,246) $ 267,293
Common Stock, Share, Ending Balance (in shares) at Mar. 31, 2020 26,993           26,993
Treasury Stock, Shares, Ending Balance at Mar. 31, 2020   1,973         1,973
[1] Net of tax (benefit) expense of $(972) and $11 for the three months ended March 31, 2020 and 2019, respectively.