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Equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity  
Schedule of reconciliation of company's equity

The following table reconciles the Company’s equity for the six months ended June 30, 2022:

Accumulated

Capital in

Other

Common

Excess of

Reinvested

Comprehensive

    

Stock

    

Par Value

    

Earnings

    

Loss

(Dollars in thousands)

Balance, December 31, 2021

$

9,709

$

68,718

$

147,762

$

(24,794)

Net earnings

 

 

 

4,053

 

Foreign currency translation adjustments

 

 

 

 

521

Pension liability adjustment, net of tax

 

 

 

 

154

Cash dividends declared

 

 

 

(2,316)

 

Stock option exercised, net of shares withheld for emloyee taxes and strike price

8

Share-based compensation expense

350

Shares purchased and retired

(75)

(1,722)

Balance, March 31, 2022

$

9,634

$

69,076

$

147,777

$

(24,119)

Net earnings

4,495

Foreign currency translation adjustments

(1,235)

Pension liability adjustment, net of tax

170

Cash dividends declared

(2,307)

Stock option exercised, net of shares withheld for emloyee taxes and strike price

15

193

Share-based compensation expense

468

Shares purchased and retired

(29)

(701)

Balance, June 30, 2022

$

9,620

$

69,737

$

149,264

$

(25,184)

The following table reconciles the Company’s equity for the six months ended June 30, 2021:

Accumulated

Capital in

Other

Common

Excess of

Reinvested

Comprehensive

    

Stock

    

Par Value

    

Earnings

    

Loss

 

(Dollars in thousands)

Balance, December 31, 2020

$

9,797

$

67,178

$

138,955

$

(28,005)

Net earnings

 

 

 

1,325

 

Foreign currency translation adjustments

 

 

 

 

(143)

Pension liability adjustment, net of tax

 

 

 

 

183

Cash dividends declared

 

 

 

(2,336)

 

Share-based compensation expense

 

545

Shares purchased and retired

(62)

(1,017)

Balance, March 31, 2021

$

9,735

$

67,723

$

136,927

$

(27,965)

Net earnings

3,820

Foreign currency translation adjustments

176

Pension liability adjustment, net of tax

182

Cash dividends declared

(2,334)

Share-based compensation expense

327

Shares purchased and retired

(21)

(435)

Balance, June 30, 2021

$

9,714

$

68,050

$

137,978

$

(27,607)