Quarterly report pursuant to Section 13 or 15(d)

Changes in Equity (Tables)

v3.22.2
Changes in Equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Schedule of Stockholders Equity
The following tables present changes in our equity for the six months ended June 30, 2022 and 2021 (in thousands, except shares and per share amounts):
Common Stock Treasury Stock Additional Paid-in Capital Accum.
Other
Comp.
Inc/(Loss)
Retained Earnings Total
Equity
Shares Amount Shares Amount
For the six months ended June 30, 2022:
Balances as of December 31, 2021
7,744,695  $ 78  11,461  $ (15,417) $ 28  $ (1,007) $ 668,029  $ 651,711 
Net income —  —  —  —  —  —  97,900  97,900 
Dividends paid — $3.00 per share of common stock
—  —  —  —  —  —  (23,224) (23,224)
Share-based compensation, net of forfeitures 595  —  (595) 800  1,477  —  (796) 1,481 
Periodic pension costs, net of income taxes of $2
—  —  —  —  —  — 
Balances as of March 31, 2022
7,745,290  78  10,866  (14,617) 1,505  (999) 741,909  727,876 
Net income —  —  —  —  —  —  118,894  118,894 
Dividends paid — $3.00 per share of common stock
—  —  —  —  —  —  (23,188) (23,188)
Special dividends paid — $20.00 per share of common stock
—  —  —  —  —  —  (154,586) (154,586)
Share-based compensation, net of forfeitures 104  —  (104) 140  1,851  —  (180) 1,811 
Repurchases of common stock (17,478) —  17,478  (25,534) —  —  —  (25,534)
Periodic pension costs, net of income taxes of $2
—  —  —  —  —  — 
Balances as of June 30, 2022
7,727,916  $ 78  28,240  $ (40,011) $ 3,356  $ (991) $ 682,849  $ 645,281 
Sub-share Certificates Common Stock Treasury Stock Accum.
Other
Comp.
Inc/(Loss)
Retained Earnings Net Proceeds
From All
Sources
Total
Equity
Shares Shares Amount Shares Amount
For the six months ended June 30, 2021:
Balances as of December 31, 2020
7,756,156  —  $ —  $ —  $ —  $ (2,693) $ —  $ 487,877  $ 485,184 
Net income —  —  —  —  —  —  50,052  —  50,052 
Dividends paid — $2.75 per share of common stock
—  —  —  —  —  —  (21,329) —  (21,329)
Conversion of Sub-shares into shares of common stock (7,756,156) 7,756,156  78  —  —  —  487,799  (487,877) — 
Periodic pension costs, net of income taxes of $8
—  —  —  —  —  28  —  —  28 
Balances as of March 31, 2021
—  7,756,156  78  —  —  (2,665) 516,522  —  513,935 
Net income —  —  —  —  —  —  57,046  —  57,046 
Dividends paid — $2.75 per share of common stock
—  —  —  —  —  —  (21,329) —  (21,329)
Repurchases of common stock —  (1,633) —  1,633  (2,504) —  —  —  (2,504)
Periodic pension costs, net of income taxes of $8
—  —  —  —  —  29  —  —  29 
Balances as of June 30, 2021
—  7,754,523  $ 78  1,633  $ (2,504) $ (2,636) $ 552,239  $ —  $ 547,177