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SHAREHOLDERS' EQUITY
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
SHAREHOLDERS' EQUITY SHAREHOLDERS’ EQUITY
Treasury Stock

During the three months ended September 30, 2022, the Company repurchased 46,332 shares of its outstanding common stock. During the three months ended September 30, 2021, there were no shares repurchased.

During the nine months ended September 30, 2022, the Company repurchased 77,743 shares of its outstanding common stock. During the nine months ended September 30, 2021, the Company repurchased 190,748 shares of its outstanding common stock, which included 171,433 shares of its outstanding common stock repurchased pursuant to a tender offer.

As of September 30, 2022, the Company had 1,874,930 shares of common stock outstanding. As of September 30, 2021, the Company had 1,921,761 shares of common stock outstanding.

Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss), reflected in the Consolidated Statement of Shareholders’ Equity, represents net income plus the results of certain shareholders’ equity changes not reflected in the Consolidated Statements of Operations, such as foreign currency translation and certain pension and post-retirement benefit obligations. The after-tax components of accumulated other comprehensive income, are as follows (in thousands):
 Foreign
Currency
Translation		Pension
Postretirement
Benefit
Obligation		Accumulated
Other
Comprehensive
Income (Loss), Net
Balance as of December 31, 2021$1,961 $381 $2,342 
Current-period change (1)
(5,395)— (5,395)
Balance as of September 30, 2022$(3,434)$381 $(3,053)

(1) No material amounts reclassified from accumulated other comprehensive income.

Dividends

On March 4, 2022, the Board declared a dividend of $0.20 per share that was paid on March 30, 2022 to shareholders of record on March 16, 2022, for an aggregate amount of $0.4 million.

On June 3, 2022, the Board declared a dividend of $0.20 per share that was paid on June 29, 2022 to shareholders of record on June 15, 2022, for an aggregate amount of $0.4 million.

On August 30, 2022, the Board declared a dividend of $0.20 per share that was paid on September 28, 2022 to shareholders of record on September 14, 2022, for an aggregate amount of $0.4 million.