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INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Shares
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Balance at Dec. 31, 2021 $ 694,024 $ 65,988 $ 347,902 $ 370,927 $ (90,793)
Balance (in shares) at Dec. 31, 2021   66,037,000      
Shares issued on grants of performance share units   $ 95 (95)    
Shares issued on grants of performance share units (in shares)   95,000      
Stock compensation expense 949   949    
Net income (loss) 88,897     88,897  
Dividends declared (4,960)     (4,960)  
Other comprehensive income (loss) (10,576)       (10,576)
Balance at Mar. 31, 2022 768,334 $ 66,083 348,756 454,864 (101,369)
Balance (in shares) at Mar. 31, 2022   66,132,000      
Balance at Dec. 31, 2022 $ 838,784 $ 66,132 354,495 598,119 (179,962)
Balance (in shares) at Dec. 31, 2022 66,167,000 66,167,000      
Shares issued on grants of performance share units   $ 254 (254)    
Shares issued on grants of performance share units (in shares)   254,000      
Stock compensation expense $ 1,226   1,226    
Net income (loss) (30,578)     (30,578)  
Dividends declared (4,982)     (4,982)  
Other comprehensive income (loss) 18,423       18,423
Balance at Mar. 31, 2023 $ 822,873 $ 66,386 $ 355,467 $ 562,559 $ (161,539)
Balance (in shares) at Mar. 31, 2023 66,421,000 66,421,000