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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, 2022 $ 318,004 $ 544 $ 60,663 $ 498,863 $ (97,895) $ (144,171)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (50,524)     (50,524)    
Other comprehensive (loss) income 10,299       10,299  
Comprehensive loss (40,225)          
Share-based compensation expense 1,307   1,307      
Delivery of treasury shares:            
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 [Roll Forward]            
Net loss (36,940)     (36,940)    
Other comprehensive (loss) income 2,827       2,827  
Comprehensive loss (34,113)          
Share-based compensation expense 376   376      
Delivery of treasury shares:            
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)
Beginning balance at Dec. 31, 2023 256,854 544 58,759 419,810 (82,509) (139,750)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (42,626)     (42,626)    
Other comprehensive (loss) income (10,019)       (10,019)  
Comprehensive loss (52,645)          
Share-based compensation expense 1,469   1,469      
Delivery of treasury shares:            
RSUs and PSAs (158)   (4,832)     4,674
Ending balance at Jun. 30, 2024 205,520 544 55,396 377,184 (92,528) (135,076)
Beginning balance at Mar. 31, 2024 223,322 544 56,781 393,463 (90,211) (137,255)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net loss (16,279)     (16,279)    
Other comprehensive (loss) income (2,317)       (2,317)  
Comprehensive loss (18,596)          
Share-based compensation expense 798   798      
Delivery of treasury shares:            
RSUs and PSAs (4)   (2,183)     2,179
Ending balance at Jun. 30, 2024 $ 205,520 $ 544 $ 55,396 $ 377,184 $ (92,528) $ (135,076)