v3.26.1
Consolidated Condensed Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock at $1 par value
[1]
Capital in excess of par value
Reinvested earnings
Accumulated other comprehensive income (loss)
Treasury stock (at cost)
Balance at beginning of period at Dec. 31, 2024 $ 606,232 $ 37,221 $ 65,819 $ 547,796 $ (7,906) $ (36,698)
Net earnings 72,982     72,982    
Pension and postretirement benefits (net of tax effect) (97)       (97)  
Foreign currency translation 13,532       13,532  
Cash dividends (20,015)     (20,015)    
Stock options exercised 554   483     71
Stock-based compensation 4,404   4,404      
Issuance of treasury stock     (201)     201
Balance at end of period at Jun. 30, 2025 677,592 37,221 70,505 600,763 5,529 (36,426)
Balance at beginning of period at Mar. 31, 2025 641,686 37,221 67,516 576,196 (2,748) (36,499)
Net earnings 34,584     34,584    
Pension and postretirement benefits (net of tax effect) (48)       (48)  
Foreign currency translation 8,325       8,325  
Cash dividends (10,017)     (10,017)    
Stock options exercised 486   426     60
Stock-based compensation 2,576   2,576      
Issuance of treasury stock     (13)     13
Balance at end of period at Jun. 30, 2025 677,592 37,221 70,505 600,763 5,529 (36,426)
Balance at beginning of period at Dec. 31, 2025 713,294 37,221 75,290 645,876 6,474 (51,567)
Net earnings 57,055     57,055    
Pension and postretirement benefits (net of tax effect) (168)       (168)  
Foreign currency translation (6,041)       (6,041)  
Cash dividends (23,280)     (23,280)    
Stock options exercised 140   95     45
Stock-based compensation 5,347   5,347      
Purchase of common stock for treasury stock (63,467)         (63,467)
Issuance of treasury stock     (609)     609
Balance at end of period at Jun. 30, 2026 682,880 37,221 80,123 679,651 265 (114,380)
Balance at beginning of period at Mar. 31, 2026 690,431 37,221 76,996 661,540 3,852 (89,178)
Net earnings 29,720     29,720    
Pension and postretirement benefits (net of tax effect) (84)       (84)  
Foreign currency translation (3,503)       (3,503)  
Cash dividends (11,609)     (11,609)    
Stock-based compensation 3,179   3,179      
Purchase of common stock for treasury stock (25,254)         (25,254)
Issuance of treasury stock     (52)     52
Balance at end of period at Jun. 30, 2026 $ 682,880 $ 37,221 $ 80,123 $ 679,651 $ 265 $ (114,380)
[1] Each common share of stock equals $1 par value; therefore, the number of common shares is the same as the dollar value.