Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders' Equity

v3.23.3
Condensed 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       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          
Treasury Stock, 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          
Treasury Stock, balance (in shares) at Dec. 31, 2021     859,828      
Increase (Decrease) in Stockholders' Equity            
Net income           7,735
Translation adjustment           (5,487)
Balance at Sep. 30, 2022 $ 53 32,385 $ (13,183) 39,893 (5,737) 53,411
Balance (in shares) at Sep. 30, 2022 5,284,500          
Treasury Stock, balance (in shares) at Sep. 30, 2022     806,747      
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          
Treasury Stock, 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          
Treasury Stock, balance (in shares) at Jun. 30, 2022     825,404      
Increase (Decrease) in Stockholders' Equity            
Net income       2,234   2,234
Translation adjustment         (3,152) (3,152)
Dividends paid       (748)   (748)
Share-based compensation expense   791       791
Restricted stock grants (net of forfeitures)   (397) $ 397      
Restricted stock grants (net of forfeitures) (in shares)     (22,756)      
Treasury shares repurchased     $ (127)     (127)
Treasury shares repurchased (in shares)     4,099      
Balance at Sep. 30, 2022 $ 53 32,385 $ (13,183) 39,893 (5,737) 53,411
Balance (in shares) at Sep. 30, 2022 5,284,500          
Treasury Stock, balance (in shares) at Sep. 30, 2022     806,747      
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       3,324   $ 3,324
Translation adjustment         613 613
Dividends paid       (749)   (749)
Share-based compensation expense   546       546
Restricted stock grants (net of forfeitures)   (765) $ 765      
Restricted stock grants (net of forfeitures) (in shares)     (43,824)      
Treasury shares repurchased     $ (214)     (214)
Treasury shares repurchased (in shares)     5,604      
Balance at Mar. 31, 2023 $ 53 32,496 $ (12,679) 46,479 (2,255) 64,094
Balance (in shares) at Mar. 31, 2023 5,284,500          
Treasury Stock, balance (in shares) at Mar. 31, 2023     767,848      
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           $ 7,077
Translation adjustment           175
Balance at Sep. 30, 2023 $ 53 33,895 $ (12,357) 48,724 (2,693) $ 67,622
Balance (in shares) at Sep. 30, 2023 5,284,500         5,284,500
Treasury Stock, balance (in shares) at Sep. 30, 2023     704,872     704,872
Balance at Mar. 31, 2023 $ 53 32,496 $ (12,679) 46,479 (2,255) $ 64,094
Balance (in shares) at Mar. 31, 2023 5,284,500          
Treasury Stock, balance (in shares) at Mar. 31, 2023     767,848      
Increase (Decrease) in Stockholders' Equity            
Net income       1,381   1,381
Translation adjustment         1,004 1,004
Dividends paid       (754)   (754)
Share-based compensation expense   2,238       2,238
Restricted stock grants (net of forfeitures)   (1,258) $ 1,258      
Restricted stock grants (net of forfeitures) (in shares)     (71,965)      
Treasury shares repurchased     $ (981)     (981)
Treasury shares repurchased (in shares)     19,703      
Balance at Jun. 30, 2023 $ 53 33,476 $ (12,402) 47,106 (1,251) 66,982
Balance (in shares) at Jun. 30, 2023 5,284,500          
Treasury Stock, balance (in shares) at Jun. 30, 2023     715,586      
Increase (Decrease) in Stockholders' Equity            
Net income       2,372   2,372
Translation adjustment         (1,442) (1,442)
Dividends paid       (754)   (754)
Share-based compensation expense   711       711
Restricted stock grants (net of forfeitures)   (292) $ 292      
Restricted stock grants (net of forfeitures) (in shares)     (16,737)      
Treasury shares repurchased     $ (247)     (247)
Treasury shares repurchased (in shares)     6,023      
Balance at Sep. 30, 2023 $ 53 $ 33,895 $ (12,357) $ 48,724 $ (2,693) $ 67,622
Balance (in shares) at Sep. 30, 2023 5,284,500         5,284,500
Treasury Stock, balance (in shares) at Sep. 30, 2023     704,872     704,872