Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholder's Equity

v3.22.2
Condensed Consolidated Statements of Stockholder's Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Treasury
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Total
Balance at Dec. 31, 2020 $ 53 $ 31,962 $ (14,747) $ 28,191 $ (742) $ 44,717
Balance (in shares) at Dec. 31, 2020 5,284,500          
Balance (in shares) at Dec. 31, 2020     922,503      
Increase (Decrease) in Stockholders' Equity            
Net income       1,520   1,520
Translation adjustment         1,039 1,039
Dividends paid       (750)   (750)
Share-based compensation expense   279       279
Restricted stock grants (net of forfeitures)   (883) $ 883      
Restricted stock grants (net of forfeitures) (in shares)     (52,190)      
Treasury shares repurchased     $ (57)     (57)
Treasury shares repurchased (in shares)     2,990      
Balance at Mar. 31, 2021 $ 53 31,358 $ (13,921) 28,961 297 46,748
Balance (in shares) at Mar. 31, 2021 5,284,500          
Balance (in shares) at Mar. 31, 2021     873,303      
Balance at Dec. 31, 2020 $ 53 31,962 $ (14,747) 28,191 (742) 44,717
Balance (in shares) at Dec. 31, 2020 5,284,500          
Balance (in shares) at Dec. 31, 2020     922,503      
Increase (Decrease) in Stockholders' Equity            
Net income           3,311
Translation adjustment           1,275
Balance at Jun. 30, 2021 $ 53 32,037 $ (14,393) 30,003 533 48,233
Balance (in shares) at Jun. 30, 2021 5,284,500          
Balance (in shares) at Jun. 30, 2021     898,715      
Balance at Mar. 31, 2021 $ 53 31,358 $ (13,921) 28,961 297 46,748
Balance (in shares) at Mar. 31, 2021 5,284,500          
Balance (in shares) at Mar. 31, 2021     873,303      
Increase (Decrease) in Stockholders' Equity            
Net income       1,791   1,791
Translation adjustment         236 236
Dividends paid       (749)   (749)
Share-based compensation expense   337       337
Restricted stock grants (net of forfeitures)   342 $ (342)      
Restricted stock grants (net of forfeitures) (in shares)     20,184      
Treasury shares repurchased     $ (130)     (130)
Treasury shares repurchased (in shares)     5,228      
Balance at Jun. 30, 2021 $ 53 32,037 $ (14,393) 30,003 533 48,233
Balance (in shares) at Jun. 30, 2021 5,284,500          
Balance (in shares) at Jun. 30, 2021     898,715      
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         5,284,500
Balance (in shares) at Dec. 31, 2021     859,828     859,828
Increase (Decrease) in Stockholders' Equity            
Net income       2,712   $ 2,712
Translation adjustment         (626) (626)
Dividends paid       (746)   (746)
Share-based compensation expense   369       369
Restricted stock grants (net of forfeitures)   (502) $ 502      
Restricted stock grants (net of forfeitures) (in shares)     (29,499)      
Treasury shares repurchased     $ (216)     (216)
Treasury shares repurchased (in shares)     7,118      
Balance at Mar. 31, 2022 $ 53 31,954 $ (13,584) 36,362 (876) 53,909
Balance (in shares) at Mar. 31, 2022 5,284,500          
Balance (in shares) at Mar. 31, 2022     837,447      
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         5,284,500
Balance (in shares) at Dec. 31, 2021     859,828     859,828
Increase (Decrease) in Stockholders' Equity            
Net income           $ 5,503
Translation adjustment           (2,335)
Balance at Jun. 30, 2022 $ 53 31,991 $ (13,453) 38,407 (2,585) $ 54,413
Balance (in shares) at Jun. 30, 2022 5,284,500         5,284,500
Balance (in shares) at Jun. 30, 2022     825,404     825,404
Balance at Mar. 31, 2022 $ 53 31,954 $ (13,584) 36,362 (876) $ 53,909
Balance (in shares) at Mar. 31, 2022 5,284,500          
Balance (in shares) at Mar. 31, 2022     837,447      
Increase (Decrease) in Stockholders' Equity            
Net income       2,791   2,791
Translation adjustment         (1,709) (1,709)
Dividends paid       (746)   (746)
Share-based compensation expense   345       345
Restricted stock grants (net of forfeitures)   (308) $ 308      
Restricted stock grants (net of forfeitures) (in shares)     (17,194)      
Treasury shares repurchased     $ (177)     (177)
Treasury shares repurchased (in shares)     5,151      
Balance at Jun. 30, 2022 $ 53 $ 31,991 $ (13,453) $ 38,407 $ (2,585) $ 54,413
Balance (in shares) at Jun. 30, 2022 5,284,500         5,284,500
Balance (in shares) at Jun. 30, 2022     825,404     825,404