Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.8.0.1
Shareholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Summary of Changes in Shareholder's Equity
The changes in shareholders’ equity for the three months ended March 31, 2018 are summarized as follows: 
 
 
 
Number of Shares
(Dollars and Shares in thousands)
Amount
 
Common
Stock
 
Convertible
Class B Stock
Shares Authorized
 
 
40,000

 
15,000

Share Par Value
 
 
$
0.01

 
$
0.01

COMMON STOCK
 
 
 
 
 
Beginning of Period
$
297

 
22,861

 
6,852

Conversion of Class B Shares to Common Shares
—

 
226

 
(226
)
Exercise of Stock Options
1

 
19

 
34

End of Period
$
298

 
23,106

 
6,660

ADDITIONAL PAID IN CAPITAL
 
 
 
 
 
Beginning of Period
$
67,791

 
 
 
 
Stock Compensation Expense
931

 
 
 
 
Exercise of Stock Options
159

 
 
 
 
End of Period
$
68,881

 
 
 
 
ACCUMULATED OTHER COMPREHENSIVE LOSS
 
 
 
 
 
Beginning of Period
$
(13,352
)
 
 
 
 
Adoption of ASU 2018-02
(1,373
)
 
 
 
 
Foreign Currency Translation Adjustment
233

 
 
 
 
Retirement Liability Adjustment – Net of Tax
215

 
 
 
 
End of Period
$
(14,277
)
 
 
 
 
RETAINED EARNINGS
 
 
 
 
 
Beginning of Period
$
325,191

 
 
 
 
Adoption of ASU 2014-09
3,268

 
 
 
 
Adoption of ASU 2018-02
1,373

 
 
 
 
Net Income
3,294

 
 
 
 
End of Period
$
333,126

 
 
 
 
TREASURY STOCK
 
 
 
 
 
Beginning of Period
$
(50,000
)
 
(1,675
)
 
 
Purchase
—

 
—

 
 
End of Period
$
(50,000
)
 
(1,675
)
 
 
TOTAL SHAREHOLDERS’ EQUITY
 
 
 
 
 
Beginning of Period
$
329,927

 
 
 
 
 
 
 
 
 
 
End of Period
$
338,028

 
21,431

 
6,660