STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2021

Equity [Abstract]

Schedule of Stockholders Equity

The following table summarizes the changes in stockholders' equity for the three and six months ended June 30, 2021 and 2020 (in thousands):

	Common Stock			Treasury Stock, at cost		Paid-in capital		Retained Earnings (Deficit)		AOCI (1)		Total Stockholders' Equity
	Shares Outstanding	Par Value
Balance at December 31, 2020	41,370,504	$	9	$	(77,852)	$	79,812	$	160,068	$	(30,132)	$	131,905
Net income	—	—		—		—		25,735		—		25,735
Foreign currency translation adjustment	—	—		—		—		—		3,855		3,855
Dividends	—	—		—		—		(2,368)		—		(2,368)
Share based compensation expense	—	—		—		2,683		—		—		2,683
Proceeds from exercise of stock options	15,852	—		—		48		—		—		48
Common stock issued for RSUs vesting, net of shares withheld and withholding paid for employee taxes	237,423	—		—		(1,668)		—		—		(1,668)
Balance at March 31, 2021	41,623,779	$	9	$	(77,852)	$	80,875	$	183,435	$	(26,277)	$	160,190
Net income	—	—		—		—		104,517		—		104,517
Foreign currency translation adjustment	—	—		—		—		—		4,714		4,714
Dividends	—	—		—		—		(4,582)		—		(4,582)
Share based compensation expense	—	—		—		3,467		—		—		3,467
Proceeds from exercise of stock options	43,920	—		—		191		—		—		191
Repurchase of common stock	(104,487)	—		(1,752)		—		—		—		(1,752)
Common stock issued for RSUs vesting, net of shares withheld and withholding paid for employee taxes	116,329	—		—		(43)		—		—		(43)
Balance at June 30, 2021	41,679,541	$	9	$	(79,604)	$	84,490	$	283,370	$	(21,563)	$	266,702
(1) Accumulated other comprehensive income (loss)

	Common Stock			Treasury Stock, at cost		Paid-in capital		Retained Earnings (Deficit)		AOCI (1)		Total Stockholders' Equity
	Shares Outstanding	Par Value
Balance at December 31, 2019	41,156,224	$	9	$	(72,343)	$	68,087	$	93,423	$	(38,663)	$	50,513
Net income from continuing operations	—	—		—		—		36,013		—		36,013
Net income from discontinued operations	—	—		—		—		292		—		292
Foreign currency translation adjustment	—	—		—		—		—		(22,193)		(22,193)
Dividends	—	—		—		—		(2,256)		—		(2,256)
Share based compensation expense	—	—		—		3,194		—		—		3,194
Proceeds from exercise of stock options	42,094	—		—		126		—		—		126
Repurchase of common stock	(540,762)	—		(5,509)		—		—		—		(5,509)
Common stock issued for RSUs vesting, net of shares withheld and withholding paid for employee taxes	121,891	—		—		(609)		—		—		(609)
Balance at March 31, 2020	40,779,447	$	9	$	(77,852)	$	70,798	$	127,472	$	(60,856)	$	59,571
Net income from continuing operations	—	—		—		—		21,080		—		21,080
Net income from discontinued operations	—	—		—		—		993		—		993
Foreign currency translation adjustment	—	—		—		—		—		10,261		10,261
Dividends	—	—		—		—		(2,244)		—		(2,244)
Share based compensation expense	—	—		—		3,310		—		—		3,310
Common stock issued for RSUs vesting, net of shares withheld and withholding paid for employee taxes	105,098	—		—		(29)		—		—		(29)
Balances at June 30, 2020	40,884,545	$	9	$	(77,852)	$	74,079	$	147,301	$	(50,595)	$	92,942
(1) Accumulated other comprehensive income (loss)

Schedule of Dividends

The table below summarizes the Company's quarterly dividends for 2021. The dividend policy was first instituted during the first quarter of 2020.

						Dividends Paid
	Date of declaration	Record date	Date paid	Dividend per share		(in thousands)
Q1 2021	February 4, 2021	February 16, 2021	March 2, 2021	$	0.055	$	2,284
Q2 2021	May 3, 2021	May 14, 2021	May 27, 2021	$	0.11	$	4,580