v3.25.2
Interim Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common shares at par value
Additional paid-in capital
Treasury shares
Accumulated other comprehensive income (loss)
Retained earnings
Shareholder’s equity beginning balance at Dec. 31, 2023 $ 540,430 $ 445 $ 137,623 $ (49) $ (20,638) $ 423,049
Net Income 70,661         70,661
Other comprehensive income (3,263)       (3,263)  
Total comprehensive income 67,398       (3,263) 70,661
Issuance of common shares under share-based compensation plan 2,264 5 2,259      
Purchase of treasury shares (12,603)     (12,603)    
Cancellation of treasury shares 0 (6) (8,667) 8,673    
Vesting of Earnout Shares 15,088 11 15,077      
Dividends paid (24,368)         (24,368)
Shareholder’s equity ending balance at Jun. 30, 2024 588,209 455 146,292 (3,979) (23,901) 469,342
Shareholder’s equity beginning balance at Dec. 31, 2024 654,832 453 144,936 (3,677) (18,553) 531,673
Net Income 61,446         61,446
Other comprehensive income 19,384       19,384  
Total comprehensive income 80,830       19,384 61,446
Issuance of common shares under share-based compensation plan 3,593 3 3,590      
Purchase of treasury shares (35,048)     (35,048)    
Cancellation of treasury shares 0 (10) (23,159) 23,169    
Dividends paid (41,891)         (41,891)
Shareholder’s equity ending balance at Jun. 30, 2025 $ 662,316 $ 446 $ 125,367 $ (15,556) $ 831 $ 551,228