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STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning balance at Dec. 31, 2021 $ 542,762 $ 544 $ 64,779 $ 705,600 $ (80,304) $ (147,857)
Increase (Decrease) in Stockholders' Equity            
Net income (loss) income (110,379)     (110,379)    
Other comprehensive income (loss) (31,109)       (31,109)  
Comprehensive (loss) income (141,488)          
Cash dividends declared (12,534)     (12,534)    
Share-based compensation expense 2,419   2,419      
RSUs and PSAs (1,237)   (4,643)     3,406
Ending balance at Jun. 30, 2022 389,922 544 62,555 582,687 (111,413) (144,451)
Beginning balance at Mar. 31, 2022 416,733 544 61,873 591,012 (91,424) (145,272)
Increase (Decrease) in Stockholders' Equity            
Net income (loss) income (2,052)     (2,052)    
Other comprehensive income (loss) (19,989)       (19,989)  
Comprehensive (loss) income (22,041)          
Cash dividends declared (6,273)     (6,273)    
Share-based compensation expense 1,510   1,510      
RSUs and PSAs (7)   (828)     821
Ending balance at Jun. 30, 2022 389,922 544 62,555 582,687 (111,413) (144,451)
Beginning balance at Dec. 31, 2022 318,004 544 60,663 498,863 (97,895) (144,171)
Increase (Decrease) in Stockholders' Equity            
Net income (loss) income (50,524)     (50,524)    
Other comprehensive income (loss) 10,299       10,299  
Comprehensive (loss) income (40,225)          
Share-based compensation expense 1,307   1,307      
RSUs and PSAs (248)   (4,025)     3,777
Ending balance at Jun. 30, 2023 278,838 544 57,945 448,339 (87,596) (140,394)
Beginning balance at Mar. 31, 2023 312,587 544 59,256 485,279 (90,423) (142,069)
Increase (Decrease) in Stockholders' Equity            
Net income (loss) income (36,940)     (36,940)    
Other comprehensive income (loss) 2,827       2,827  
Comprehensive (loss) income (34,113)          
Share-based compensation expense 376   376      
RSUs and PSAs (12)   (1,687)     1,675
Ending balance at Jun. 30, 2023 $ 278,838 $ 544 $ 57,945 $ 448,339 $ (87,596) $ (140,394)