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Consolidated Condensed Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock at $1 par value
[1]
Capital in excess of par value
Reinvested earnings
Accumulated other comprehensive income (loss)
Treasury stock (at cost)
Balance at beginning of period at Dec. 31, 2022 $ 442,422 $ 37,221 $ 53,282 $ 395,155 $ (5,983) $ (37,253)
Net earnings 41,908     41,908    
Pension and postretirement benefits (net of tax effect) (65)       (65)  
Foreign currency translation 1,845       1,845  
Cash dividends (13,186)     (13,186)    
Stock options exercised 58   50     8
Stock-based compensation 2,607   2,607      
Issuance of treasury stock 3   (106)     109
Balance at end of period at Jun. 30, 2023 475,592 37,221 55,833 423,877 (4,203) (37,136)
Balance at beginning of period at Mar. 31, 2023 458,037 37,221 54,245 407,979 (4,258) (37,150)
Net earnings 22,493     22,493    
Pension and postretirement benefits (net of tax effect) (33)       (33)  
Foreign currency translation 88       88  
Cash dividends (6,595)     (6,595)    
Stock-based compensation 1,601   1,601      
Issuance of treasury stock 1   (13)     14
Balance at end of period at Jun. 30, 2023 475,592 37,221 55,833 423,877 (4,203) (37,136)
Balance at beginning of period at Dec. 31, 2023 516,482 37,221 59,185 458,719 (1,646) (36,997)
Net earnings 62,187     62,187    
Pension and postretirement benefits (net of tax effect) (64)       (64)  
Foreign currency translation (3,633)       (3,633)  
Cash dividends (15,866)     (15,866)    
Stock options exercised 751   646     105
Stock-based compensation 3,281   3,281      
Issuance of treasury stock     (197)     197
Balance at end of period at Jun. 30, 2024 563,138 37,221 62,915 505,040 (5,343) (36,695)
Balance at beginning of period at Mar. 31, 2024 535,567 37,221 60,468 479,925 (5,268) (36,779)
Net earnings 33,056     33,056    
Pension and postretirement benefits (net of tax effect) (31)       (31)  
Foreign currency translation (44)       (44)  
Cash dividends (7,941)     (7,941)    
Stock options exercised 521   450     71
Stock-based compensation 2,010   2,010      
Issuance of treasury stock     (13)     13
Balance at end of period at Jun. 30, 2024 $ 563,138 $ 37,221 $ 62,915 $ 505,040 $ (5,343) $ (36,695)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.