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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Number of Common Shares outstanding
Treasury Shares
Additional Paid-In Capital
Common Shares held in treasury
Retained earnings
Accumulated other comprehensive loss
Total
Balance at Dec. 31, 2017     $ 228,486 $ (7,118) $ 92,264 $ (69,560) $ 244,072
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2017 28,180            
Treasury Stock, Shares, Beginning Balance at Dec. 31, 2017   786          
Net income         13,380   13,380
Unrealized gain on derivatives, net           795 795
Currency translation adjustments           3,894 3,894
Issuance of Common Shares ( in shares) 446            
Issuance of restricted Common Shares ( in treasury shares)   (446)          
Repurchased Common Shares for treasury       (1,387)     (1,387)
Repurchased Common Shares for treasury (in shares) (136)            
Repurchased Common Shares for treasury (in treasury shares)   136          
Share-based compensation     (925)       (925)
Balance at Mar. 31, 2018     227,561 (8,505) 105,432 (64,871) 259,617
Common Stock, Shares, Outstanding, Ending Balance at Mar. 31, 2018 28,490            
Treasury Stock, Shares, Ending Balance at Mar. 31, 2018   476          
Balance at Dec. 31, 2017     228,486 (7,118) 92,264 (69,560) 244,072
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2017 28,180            
Treasury Stock, Shares, Beginning Balance at Dec. 31, 2017   786          
Net income             28,500
Unrealized gain on derivatives, net [1]             636
Balance at Jun. 30, 2018     228,856 (8,911) 120,552 (82,451) 258,046
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2018 28,483            
Treasury Stock, Shares, Ending Balance at Jun. 30, 2018   483          
Cumulative effect of a accounting change         (212)   (212)
Balance at Mar. 31, 2018     227,561 (8,505) 105,432 (64,871) 259,617
Common Stock, Shares, Outstanding, Beginning Balance at Mar. 31, 2018 28,490            
Treasury Stock, Shares, Beginning Balance at Mar. 31, 2018   476          
Net income         15,120   15,120
Unrealized gain on derivatives, net           (159) (159) [1]
Currency translation adjustments           (17,421) (17,421)
Issuance of Common Shares ( in shares) 11            
Issuance of restricted Common Shares ( in treasury shares)   (11)          
Repurchased Common Shares for treasury       (406)     (406)
Repurchased Common Shares for treasury (in shares) (18)            
Repurchased Common Shares for treasury (in treasury shares)   18          
Share-based compensation     1,295       1,295
Balance at Jun. 30, 2018     228,856 (8,911) 120,552 (82,451) 258,046
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2018 28,483            
Treasury Stock, Shares, Ending Balance at Jun. 30, 2018   483          
Balance at Dec. 31, 2018     231,647 (8,880) 146,251 (85,752) $ 283,266
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2018 28,488           28,488
Treasury Stock, Shares, Beginning Balance at Dec. 31, 2018   478         478
Net income         9,657   $ 9,657
Unrealized gain on derivatives, net           42 42
Currency translation adjustments           (3,804) (3,804)
Issuance of Common Shares ( in shares) 305            
Issuance of restricted Common Shares ( in treasury shares)   (305)          
Repurchased Common Shares for treasury       (1,883)     (1,883)
Repurchased Common Shares for treasury (in shares) (98)            
Repurchased Common Shares for treasury (in treasury shares)   98          
Share-based compensation     480       480
Balance at Mar. 31, 2019     232,127 (10,763) 155,908 (89,514) 287,758
Common Stock, Shares, Outstanding, Ending Balance at Mar. 31, 2019 28,695            
Treasury Stock, Shares, Ending Balance at Mar. 31, 2019   271          
Balance at Dec. 31, 2018     231,647 (8,880) 146,251 (85,752) $ 283,266
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2018 28,488           28,488
Treasury Stock, Shares, Beginning Balance at Dec. 31, 2018   478         478
Net income             $ 49,421
Unrealized gain on derivatives, net [1]             (70)
Balance at Jun. 30, 2019     223,831 (50,689) 195,672 (87,315) $ 281,499
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2019 27,367           27,367
Treasury Stock, Shares, Ending Balance at Jun. 30, 2019   1,599         1,599
Balance at Mar. 31, 2019     232,127 (10,763) 155,908 (89,514) $ 287,758
Common Stock, Shares, Outstanding, Beginning Balance at Mar. 31, 2019 28,695            
Treasury Stock, Shares, Beginning Balance at Mar. 31, 2019   271          
Net income         39,764   39,764
Unrealized gain on derivatives, net           (112) (112) [1]
Currency translation adjustments           2,311 2,311
Issuance of Common Shares ( in shares) 31            
Issuance of restricted Common Shares ( in treasury shares)   (31)          
Repurchased Common Shares for treasury       74     74
Repurchased Common Shares for treasury (in shares) (9)            
Repurchased Common Shares for treasury (in treasury shares)   9          
Common Share repurchase program     (10,000) (40,000)     (50,000)
Common Share repurchase program (in shares) (1,350)            
Common Share repurchase program (in treasury shares)   1,350          
Share-based compensation     1,704       1,704
Balance at Jun. 30, 2019     $ 223,831 $ (50,689) $ 195,672 $ (87,315) $ 281,499
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2019 27,367           27,367
Treasury Stock, Shares, Ending Balance at Jun. 30, 2019   1,599         1,599
[1] Net of tax benefit of $(30) and $(41) for the three months ended June 30, 2019 and 2018, respectively. Net of tax expense (benefit) of $(19) and $171 for the six months ended June 30, 2019 and 2018, respectively.