Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Treasury
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Total
Balance at Dec. 31, 2021 $ 53 $ 32,087 $ (13,870) $ 34,396 $ (250) $ 52,416
Balance (in shares) at Dec. 31, 2021 5,284,500          
Treasury Stock, balance (in shares) at Dec. 31, 2021     859,828      
Increase (Decrease) in Stockholders' Equity            
Net income       12,497   12,497
Translation adjustment         (2,618) (2,618)
Dividends paid       (2,989)   (2,989)
Share-based compensation expense   1,923       1,923
Restricted stock grants (net of forfeitures)   (1,295) $ 1,295      
Restricted stock grants (net of forfeitures) (in shares)     (74,449)      
Treasury shares repurchased     $ (655)     (655)
Treasury shares repurchased (in shares)     20,689      
Balance at Dec. 31, 2022 $ 53 32,715 $ (13,230) 43,904 (2,868) $ 60,574
Balance (in shares) at Dec. 31, 2022 5,284,500         5,284,500
Treasury Stock, balance (in shares) at Dec. 31, 2022     806,068     806,068
Increase (Decrease) in Stockholders' Equity            
Net income       12,323   $ 12,323
Translation adjustment         2,346 2,346
Dividends paid       (3,012)   (3,012)
Share-based compensation expense   4,246       4,246
Restricted stock grants (net of forfeitures)   (2,314) $ 2,314      
Restricted stock grants (net of forfeitures) (in shares)     (132,526)      
Treasury shares repurchased     $ (1,707)     (1,707)
Treasury shares repurchased (in shares)     37,510      
Balance at Dec. 31, 2023 $ 53 $ 34,647 $ (12,623) $ 53,215 $ (522) $ 74,770
Balance (in shares) at Dec. 31, 2023 5,284,500         5,284,500
Treasury Stock, balance (in shares) at Dec. 31, 2023     711,052     711,052