v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (unaudited) - USD ($)
$ in Thousands
Total
Treasury Shares
Common stock
Preferred Shares Issued
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Shares, beginning balance (in shares) at Dec. 31, 2020   (15,680,000)          
Common Shares Issued, beginning balance (in shares) at Dec. 31, 2020     46,817,000        
Preferred Shares Issued, beginning balance (in shares) at Dec. 31, 2020       10,000      
Beginning balance at Dec. 31, 2020 $ 449,262 $ (225,506) $ 468 $ 0 $ 103,445 $ 567,512 $ 3,343
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Vesting of performance share units (in shares)   16,000 [1] 62,000        
Vesting of performance share units (241) $ (241)          
Vesting of restricted stock units (in shares)   (17,000) [1] (65,000)        
Vesting of restricted stock units (254) $ (254) $ 1   (1)    
Retirement of treasury shares (in shares)   33,000 [1] 33,000        
Retirement of treasury shares 0 $ 495     (495)    
Purchases of treasury stock (in shares)   (15,000)          
Purchases of treasury stock (245) $ (245)          
Share-based compensation 1,675       1,675    
Net income (loss) 26,408         26,408  
Other comprehensive income (loss), net of taxes (16,910)           (16,910)
Declaration of dividends ($0.16 per common share and $0.25 per preferred share) (5,030)         (5,030)  
Treasury Shares, ending balance (in shares) at Mar. 31, 2021   (15,695,000)          
Common Shares Issued shares, ending balance (in shares) at Mar. 31, 2021     46,911,000        
Preferred Shares Issued, ending balance (in shares) at Mar. 31, 2021       10,000      
Ending balance at Mar. 31, 2021 454,665 $ (225,751) $ 469 $ 0 104,624 588,890 (13,567)
Treasury Shares, beginning balance (in shares) at Dec. 31, 2020   (15,680,000)          
Common Shares Issued, beginning balance (in shares) at Dec. 31, 2020     46,817,000        
Preferred Shares Issued, beginning balance (in shares) at Dec. 31, 2020       10,000      
Beginning balance at Dec. 31, 2020 449,262 $ (225,506) $ 468 $ 0 103,445 567,512 3,343
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 68,532            
Other comprehensive income (loss), net of taxes (10,741)            
Treasury Shares, ending balance (in shares) at Sep. 30, 2021   15,797,000          
Common Shares Issued shares, ending balance (in shares) at Sep. 30, 2021     46,964,000        
Preferred Shares Issued, ending balance (in shares) at Sep. 30, 2021       10,000      
Ending balance at Sep. 30, 2021 494,275 $ (227,115) $ 470 $ 0 107,382 620,936 (7,398)
Treasury Shares, beginning balance (in shares) at Mar. 31, 2021   (15,695,000)          
Common Shares Issued, beginning balance (in shares) at Mar. 31, 2021     46,911,000        
Preferred Shares Issued, beginning balance (in shares) at Mar. 31, 2021       10,000      
Beginning balance at Mar. 31, 2021 454,665 $ (225,751) $ 469 $ 0 104,624 588,890 (13,567)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Vesting of restricted stock units (in shares)   (20,000) [1] (73,000)        
Vesting of restricted stock units (288) $ (288) $ 1   (1)    
Retirement of treasury shares (in shares)   20,000 [1] 20,000        
Retirement of treasury shares 0 $ 288     (288)    
Share-based compensation 1,569       1,569    
Net income (loss) 21,941         21,941  
Other comprehensive income (loss), net of taxes 7,996           7,996
Declaration of dividends ($0.16 per common share and $0.25 per preferred share) (5,041)         (5,041)  
Treasury Shares, ending balance (in shares) at Jun. 30, 2021   (15,695,000)          
Common Shares Issued shares, ending balance (in shares) at Jun. 30, 2021     46,964,000        
Preferred Shares Issued, ending balance (in shares) at Jun. 30, 2021       10,000      
Ending balance at Jun. 30, 2021 480,842 $ (225,751) $ 470 $ 0 105,904 605,790 (5,571)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Purchases of treasury stock (in shares)   (102,000)          
Purchases of treasury stock (1,364) $ (1,364)          
Share-based compensation 1,478       1,478    
Net income (loss) 20,183         20,183  
Other comprehensive income (loss), net of taxes (1,827)           (1,827)
Declaration of dividends ($0.16 per common share and $0.25 per preferred share) (5,037)            
Treasury Shares, ending balance (in shares) at Sep. 30, 2021   15,797,000          
Common Shares Issued shares, ending balance (in shares) at Sep. 30, 2021     46,964,000        
Preferred Shares Issued, ending balance (in shares) at Sep. 30, 2021       10,000      
Ending balance at Sep. 30, 2021 $ 494,275 $ (227,115) $ 470 $ 0 107,382 620,936 (7,398)
Treasury Shares, beginning balance (in shares) at Dec. 31, 2021 (15,797,000) (15,797,000)          
Common Shares Issued, beginning balance (in shares) at Dec. 31, 2021 47,018,000   47,018,000        
Preferred Shares Issued, beginning balance (in shares) at Dec. 31, 2021 10,000     10,000      
Beginning balance at Dec. 31, 2021 $ 429,702 $ (227,115) $ 470 $ 0 108,202 563,713 (15,568)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Vesting of performance share units (in shares)   9,000 [2] 33,000        
Vesting of performance share units (104) $ (104) $ 1   (1)    
Vesting of restricted stock units (in shares)   (6,000) [2] (27,000)        
Vesting of restricted stock units (105) $ (105)          
Retirement of treasury shares (in shares)   15,000 [2] 15,000        
Retirement of treasury shares 0 $ 209     (209)    
Purchases of treasury stock (in shares)   (320,000)          
Purchases of treasury stock (3,879) $ (3,879)          
Share-based compensation 1,107       1,107    
Net income (loss) 17,537         17,537  
Other comprehensive income (loss), net of taxes (42,910)           (42,910)
Declaration of dividends ($0.16 per common share and $0.25 per preferred share) (5,007)         (5,007)  
Treasury Shares, ending balance (in shares) at Mar. 31, 2022   (16,117,000)          
Common Shares Issued shares, ending balance (in shares) at Mar. 31, 2022     47,063,000        
Preferred Shares Issued, ending balance (in shares) at Mar. 31, 2022       10,000      
Ending balance at Mar. 31, 2022 $ 396,341 $ (230,994) $ 471 $ 0 109,099 576,243 (58,478)
Treasury Shares, beginning balance (in shares) at Dec. 31, 2021 (15,797,000) (15,797,000)          
Common Shares Issued, beginning balance (in shares) at Dec. 31, 2021 47,018,000   47,018,000        
Preferred Shares Issued, beginning balance (in shares) at Dec. 31, 2021 10,000     10,000      
Beginning balance at Dec. 31, 2021 $ 429,702 $ (227,115) $ 470 $ 0 108,202 563,713 (15,568)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (47,368)            
Other comprehensive income (loss), net of taxes $ (100,097)            
Treasury Shares, ending balance (in shares) at Sep. 30, 2022 (16,603,000) (16,603,000)          
Common Shares Issued shares, ending balance (in shares) at Sep. 30, 2022 47,116,000   47,116,000        
Preferred Shares Issued, ending balance (in shares) at Sep. 30, 2022 10,000     10,000      
Ending balance at Sep. 30, 2022 $ 260,637 $ (236,915) $ 471 $ 0 111,397 501,349 (115,665)
Treasury Shares, beginning balance (in shares) at Mar. 31, 2022   (16,117,000)          
Common Shares Issued, beginning balance (in shares) at Mar. 31, 2022     47,063,000        
Preferred Shares Issued, beginning balance (in shares) at Mar. 31, 2022       10,000      
Beginning balance at Mar. 31, 2022 396,341 $ (230,994) $ 471 $ 0 109,099 576,243 (58,478)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Grant of restricted stock awards (in shares)     53,000        
Grant of restricted stock awards 0            
Purchases of treasury stock (in shares)   (283,000)          
Purchases of treasury stock (3,502) $ (3,502)          
Share-based compensation 990       990    
Net income (loss) 7,370         7,370  
Other comprehensive income (loss), net of taxes (29,656)           (29,656)
Declaration of dividends ($0.16 per common share and $0.25 per preferred share) (4,992)         (4,992)  
Treasury Shares, ending balance (in shares) at Jun. 30, 2022   (16,400,000)          
Common Shares Issued shares, ending balance (in shares) at Jun. 30, 2022     47,116,000        
Preferred Shares Issued, ending balance (in shares) at Jun. 30, 2022       10,000      
Ending balance at Jun. 30, 2022 366,551 $ (234,496) $ 471 $ 0 110,089 578,621 (88,134)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Purchases of treasury stock (in shares)   (203,000)          
Purchases of treasury stock (2,419) $ (2,419)          
Share-based compensation 1,308       1,308    
Net income (loss) (72,275)         (72,275)  
Other comprehensive income (loss), net of taxes (27,531)           (27,531)
Declaration of dividends ($0.16 per common share and $0.25 per preferred share) $ (4,997)         (4,997)  
Treasury Shares, ending balance (in shares) at Sep. 30, 2022 (16,603,000) (16,603,000)          
Common Shares Issued shares, ending balance (in shares) at Sep. 30, 2022 47,116,000   47,116,000        
Preferred Shares Issued, ending balance (in shares) at Sep. 30, 2022 10,000     10,000      
Ending balance at Sep. 30, 2022 $ 260,637 $ (236,915) $ 471 $ 0 $ 111,397 $ 501,349 $ (115,665)
[1] All shares acquired represent shares tendered to cover the strike price for options and tax withholdings on the intrinsic value of options exercised, restricted stock vested, performance share units vested, or restricted stock units vested. These shares have been cancelled by the Company.
[2]  All shares acquired represent shares tendered to cover the strike price for options and tax withholdings on the intrinsic value of options exercised, restricted stock vested, performance share units vested, or restricted stock units vested. These shares have been cancelled by the Company.