SHAREHOLDERS’ EQUITY

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

SHAREHOLDERS’ EQUITY

SHAREHOLDERS’ EQUITY

Shareholders’ Equity and Preferred Stock

As of June 30, 2024 there were 4,421,876 shares of our common stock outstanding and 12,000,000 shares authorized at $0.30 par value per share.

As of June 30, 2024 we had 500,000 authorized shares of preferred stock, none of which had been issued.

Accumulated Other Comprehensive Income (loss)

A summary of changes in accumulated other comprehensive loss included within shareholders’ equity is as follows (in thousands):

	Six Months Ended June 30, 2024								Six Months Ended June 30, 2023
	(unaudited)								(unaudited)
	Foreign Currency Translation Adjustments		Defined Benefit Pension Plans		Tax Provision		Total		Foreign Currency Translation Adjustments		Defined Benefit Pension Plans		Tax Provision		Total
Balance, beginning of period	$	(25,853)	$	(11,041)	$	(38)	$	(36,932)	$	(28,859)	$	(10,474)	$	336	$	(38,997)
Other comprehensive income (loss)	(3,192)		174		(5)		(3,023)		2,055		—		(46)		2,009
Balance, end of period	$	(29,045)	$	(10,867)	$	(43)	$	(39,955)	$	(26,804)	$	(10,474)	$	290	$	(36,988)