XML 16 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common stock
Paid-in capital
Retained Earnings
Accumulated other comprehensive  loss
Beginning Balance (in shares) at Dec. 31, 2018   20,764      
Balance at beginning of year at Dec. 31, 2018 $ 279,493 $ 208 $ 258,637 $ 55,264 $ (34,616)
Comprehensive (loss) income:          
Net loss (4,867)     (4,867)  
Translation adjustment 1,306       1,306
Net change in cash flow hedges 596       596
Effect of retirement benefit obligations 13       13
Comprehensive loss (2,952)        
Net issuance of restricted shares to employees (in shares)   169      
Net issuance of restricted shares to employees   $ 1 (1)    
Stock compensation expense 900   900    
Net exercise of stock options (in shares)   19      
Shares effectively repurchased for required employee withholding taxes (in shares)   (25)      
Shares effectively repurchased for required employee withholding taxes (232)   (232)    
Dividends [1] (898)     (898)  
Ending Balance (in shares) at Mar. 31, 2019   20,927      
Balance at end of year at Mar. 31, 2019 276,311 $ 209 259,304 49,499 (32,701)
Beginning Balance (in shares) at Dec. 31, 2018   20,764      
Balance at beginning of year at Dec. 31, 2018 279,493 $ 208 258,637 55,264 (34,616)
Comprehensive (loss) income:          
Net loss (16,380)        
Translation adjustment (1,647)        
Net change in cash flow hedges 1,578        
Effect of retirement benefit obligations 25        
Comprehensive loss (16,424)        
Ending Balance (in shares) at Jun. 30, 2019   21,255      
Balance at end of year at Jun. 30, 2019 263,104 $ 213 260,461 37,090 (34,660)
Beginning Balance (in shares) at Mar. 31, 2019   20,927      
Balance at beginning of year at Mar. 31, 2019 276,311 $ 209 259,304 49,499 (32,701)
Comprehensive (loss) income:          
Net loss (11,513)     (11,513)  
Translation adjustment (2,953)       (2,953)
Net change in cash flow hedges 982       982
Effect of retirement benefit obligations 12       12
Comprehensive loss (13,472)        
Restricted shares issued to directors (in shares)   61      
Restricted shares issued to directors   $ 1 (1)    
Net issuance of restricted shares to employees (in shares)   250      
Net issuance of restricted shares to employees   $ 3 (3)    
Stock compensation expense 1,186   1,186    
Net exercise of stock options (in shares)   34      
Net exercise of stock options 133   133    
Shares effectively repurchased for required employee withholding taxes (in shares)   (17)      
Shares effectively repurchased for required employee withholding taxes (158)   (158)    
Dividends [1] (896)     (896)  
Ending Balance (in shares) at Jun. 30, 2019   21,255      
Balance at end of year at Jun. 30, 2019 263,104 $ 213 260,461 37,090 (34,660)
Beginning Balance (in shares) at Dec. 31, 2019   21,256      
Balance at beginning of year at Dec. 31, 2019 236,317 $ 213 263,386 7,173 (34,455)
Comprehensive (loss) income:          
Net loss (28,164)     (28,164)  
Translation adjustment (4,458)       (4,458)
Net change in cash flow hedges (2,877)       (2,877)
Effect of retirement benefit obligations 20       20
Comprehensive loss (35,479)        
Performance shares issued to employees (in shares)   62      
Performance shares issued to employees   $ 1 (1)    
Net issuance of restricted shares to employees (in shares)   220      
Net issuance of restricted shares to employees   $ 2 (2)    
Stock compensation expense 1,320   1,320    
Shares effectively repurchased for required employee withholding taxes (in shares)   (52)      
Shares effectively repurchased for required employee withholding taxes (299) $ (1) (298)    
Dividends [1] (932)     (932)  
Ending Balance (in shares) at Mar. 31, 2020   21,486      
Balance at end of year at Mar. 31, 2020 200,927 $ 215 264,405 (21,923) (41,770)
Beginning Balance (in shares) at Dec. 31, 2019   21,256      
Balance at beginning of year at Dec. 31, 2019 236,317 $ 213 263,386 7,173 (34,455)
Comprehensive (loss) income:          
Net loss (32,141)        
Translation adjustment (6,972)        
Net change in cash flow hedges (2,776)        
Effect of retirement benefit obligations 39        
Comprehensive loss (41,850)        
Dividends       (1,800)  
Ending Balance (in shares) at Jun. 30, 2020   21,769      
Balance at end of year at Jun. 30, 2020 194,871 $ 218 265,630 (26,813) (44,164)
Beginning Balance (in shares) at Mar. 31, 2020   21,486      
Balance at beginning of year at Mar. 31, 2020 200,927 $ 215 264,405 (21,923) (41,770)
Comprehensive (loss) income:          
Net loss (3,977)     (3,977)  
Translation adjustment (2,514)       (2,514)
Net change in cash flow hedges 101       101
Effect of retirement benefit obligations 19       19
Comprehensive loss (6,371)        
Net issuance of restricted shares to employees (in shares)   309      
Net issuance of restricted shares to employees   $ 3 (3)    
Stock compensation expense 1,415   1,415    
Shares effectively repurchased for required employee withholding taxes (in shares)   (26)      
Shares effectively repurchased for required employee withholding taxes (187)   (187)    
Dividends [1] (913)     (913)  
Ending Balance (in shares) at Jun. 30, 2020   21,769      
Balance at end of year at Jun. 30, 2020 $ 194,871 $ 218 $ 265,630 $ (26,813) $ (44,164)
[1] Cash dividends declared per share of common stock were $0.085 and $0.085 in the six months ended June 30, 2019 and 2020, respectively.