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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
Common Stock, Share, Beginning Balance (in shares) at Dec. 31, 2018 28,488            
Treasury Stock, Shares, Beginning Balance at Dec. 31, 2018   478          
Net income (loss)         9,657   9,657
Unrealized gain (loss) on derivatives, net           42 42
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, 2018     231,647 (8,880) 146,251 (85,752) 283,266
Common Stock, Share, Beginning Balance (in shares) at Dec. 31, 2018 28,488            
Treasury Stock, Shares, Beginning Balance at Dec. 31, 2018   478          
Net income (loss)             56,082
Unrealized gain (loss) on derivatives, net [1]             (196)
Balance at Sep. 30, 2019     224,251 (50,836) 202,333 (99,168) 276,580
Common Stock, Share, Ending Balance (in shares) at Sep. 30, 2019 27,402            
Treasury Stock, Shares, Ending Balance at Sep. 30, 2019   1,564          
Balance at Mar. 31, 2019     232,127 (10,763) 155,908 (89,514) 287,758
Common Stock, Share, Beginning Balance (in shares) at Mar. 31, 2019 28,695            
Treasury Stock, Shares, Beginning Balance at Mar. 31, 2019   271          
Net income (loss)         39,764   39,764
Unrealized gain (loss) on derivatives, net           (112) (112)
Currency translation adjustments           2,311 2,311
Issuance of Common Shares ( in shares) 31            
Issuance of Common Shares ( in treasury shares)   (31)          
Repurchased Common Shares for treasury, net       74     74
Repurchased Common Shares for treasury (in shares) (9)            
Repurchased Common Shares for treasury (in treasury shares)   9          
Common Share repurchase program     (10,000) (40,000)     (50,000)
Common Share repurchase program (in shares) (1,350)            
Common Share repurchase program (in treasury shares)   1,350          
Share-based compensation     1,704       1,704
Balance at Jun. 30, 2019     223,831 (50,689) 195,672 (87,315) 281,499
Common Stock, Share, Ending Balance (in shares) at Jun. 30, 2019 27,367            
Treasury Stock, Shares, Ending Balance at Jun. 30, 2019   1,599          
Net income (loss)         6,661   6,661
Unrealized gain (loss) on derivatives, net           (126) (126) [1]
Currency translation adjustments           (11,727) (11,727)
Issuance of Common Shares ( in shares) 62            
Issuance of Common Shares ( in treasury shares)   (62)          
Repurchased Common Shares for treasury, net       (147)     (147)
Repurchased Common Shares for treasury (in shares) (27)            
Repurchased Common Shares for treasury (in treasury shares)   27          
Share-based compensation     420       420
Balance at Sep. 30, 2019     224,251 (50,836) 202,333 (99,168) 276,580
Common Stock, Share, Ending Balance (in shares) at Sep. 30, 2019 27,402            
Treasury Stock, Shares, Ending Balance at Sep. 30, 2019   1,564          
Balance at Dec. 31, 2019     225,607 (50,773) 206,542 (91,472) $ 289,904
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
Net income (loss)         3,490   $ 3,490
Unrealized gain (loss) on derivatives, net           (3,655) (3,655)
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            
Treasury Stock, Shares, Ending Balance at Mar. 31, 2020   1,973          
Balance at Dec. 31, 2019     225,607 (50,773) 206,542 (91,472) $ 289,904
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
Net income (loss)             $ (11,530)
Unrealized gain (loss) on derivatives, net [1]             (1,423)
Balance at Sep. 30, 2020     232,060 (60,482) 195,012 (102,218) $ 264,372
Common Stock, Share, Ending Balance (in shares) at Sep. 30, 2020 27,006           27,006
Treasury Stock, Shares, Ending Balance at Sep. 30, 2020   1,960         1,960
Balance at Mar. 31, 2020     230,506 (60,999) 210,032 (112,246) $ 267,293
Common Stock, Share, Beginning Balance (in shares) at Mar. 31, 2020 26,993            
Treasury Stock, Shares, Beginning Balance at Mar. 31, 2020   1,973          
Net income (loss)         (21,734)   (21,734)
Unrealized gain (loss) on derivatives, net           1,210 1,210
Currency translation adjustments           1,821 1,821
Issuance of Common Shares ( in shares) 12            
Issuance of Common Shares ( in treasury shares)   (12)          
Repurchased Common Shares for treasury, net       360     360
Repurchased Common Shares for treasury (in shares) (4)            
Repurchased Common Shares for treasury (in treasury shares)   4          
Share-based compensation     312       312
Balance at Jun. 30, 2020     230,818 (60,639) 188,298 (109,215) 249,262
Common Stock, Share, Ending Balance (in shares) at Jun. 30, 2020 27,001            
Treasury Stock, Shares, Ending Balance at Jun. 30, 2020   1,965          
Net income (loss)         6,714   6,714
Unrealized gain (loss) on derivatives, net           1,022 1,022 [1]
Currency translation adjustments           5,975 5,975
Issuance of Common Shares ( in shares) 6            
Issuance of Common Shares ( in treasury shares)   (6)          
Repurchased Common Shares for treasury, net       157     157
Repurchased Common Shares for treasury (in shares) (1)            
Repurchased Common Shares for treasury (in treasury shares)   1          
Share-based compensation     1,242       1,242
Balance at Sep. 30, 2020     $ 232,060 $ (60,482) $ 195,012 $ (102,218) $ 264,372
Common Stock, Share, Ending Balance (in shares) at Sep. 30, 2020 27,006           27,006
Treasury Stock, Shares, Ending Balance at Sep. 30, 2020   1,960         1,960
[1] Net of tax expense (benefit) of $272 and $(34) for the three months ended September 30, 2020 and 2019, respectively. Net of tax benefit of $(378) and $(53) for the nine months ended September 30, 2020 and 2019, respectively.