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Consolidated 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 92,598     92,598    
Pension and postretirement benefits (net of tax effect) (74)       (74)  
Foreign currency translation 4,411       4,411  
Cash dividends (29,034)     (29,034)    
Stock options exercised 967   824     143
Stock-based compensation 5,188   5,188      
Issuance of treasury stock 4   (109)     113
Balance at end of period at Dec. 31, 2023 516,482 37,221 59,185 458,719 (1,646) (36,997)
Net earnings 124,942     124,942    
Pension and postretirement benefits (net of tax effect) 226       226  
Foreign currency translation (6,486)       (6,486)  
Cash dividends (35,865)     (35,865)    
Stock options exercised 751   646     105
Stock-based compensation 6,182   6,182      
Issuance of treasury stock     (194)     194
Balance at end of period at Dec. 31, 2024 606,232 37,221 65,819 547,796 (7,906) (36,698)
Net earnings 141,634     141,634    
Pension and postretirement benefits (net of tax effect) 473       473  
Foreign currency translation 13,907       13,907  
Cash dividends (43,554)     (43,554)    
Stock options exercised 554   483     71
Stock-based compensation 9,190   9,190      
Purchase of common stock for treasury stock (15,142)         (15,142)
Issuance of treasury stock 0   (202)     202
Balance at end of period at Dec. 31, 2025 $ 713,294 $ 37,221 $ 75,290 $ 645,876 $ 6,474 $ (51,567)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.