Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Shareholders' Equity

v3.22.2
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2020   27,316,000    
Beginning balance at Dec. 31, 2020 $ 547,329 $ 273 $ 242,916 $ 304,140
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 11,181     11,181
Stock options exercised (in shares)   40,000    
Stock options exercised 2,147   2,147  
Share-based compensation expense 2,613   2,613  
Payment of dividends to shareholders (5,797)   3 (5,800)
Payment of minimum tax withholdings on share-based awards (in shares)   (35,000)    
Payment of minimum tax withholdings on share-based awards (2,744)     (2,744)
Repurchases and retirement of common stock (in shares)   (114,000)    
Repurchases and retirement of common stock (9,998) $ (1)   (9,997)
Issuance of share-based awards (in shares)   111,000    
Issuance of share-based awards 0 $ 1 (1)  
Ending balance (in shares) at Mar. 31, 2021   27,318,000    
Ending balance at Mar. 31, 2021 544,731 $ 273 247,678 296,780
Beginning balance (in shares) at Dec. 31, 2020   27,316,000    
Beginning balance at Dec. 31, 2020 547,329 $ 273 242,916 304,140
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 41,858      
Ending balance (in shares) at Jun. 30, 2021   27,120,000    
Ending balance at Jun. 30, 2021 550,349 $ 271 252,466 297,612
Beginning balance (in shares) at Mar. 31, 2021   27,318,000    
Beginning balance at Mar. 31, 2021 544,731 $ 273 247,678 296,780
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 30,677     30,677
Stock options exercised (in shares)   26,000    
Stock options exercised 1,416   1,416  
Common stock issued under employee stock purchase plan (in shares)   5,000    
Common stock issued under employee stock purchase plan 388   388  
Share-based compensation expense 2,981   2,981  
Payment of dividends to shareholders (5,768)   3 (5,771)
Payment of minimum tax withholdings on share-based awards (in shares)   (1,000)    
Payment of minimum tax withholdings on share-based awards (82)     (82)
Repurchases and retirement of common stock (in shares)   (252,000)    
Repurchases and retirement of common stock (23,994) $ (2)   (23,992)
Issuance of share-based awards (in shares)   24,000    
Issuance of share-based awards 0      
Ending balance (in shares) at Jun. 30, 2021   27,120,000    
Ending balance at Jun. 30, 2021 $ 550,349 $ 271 252,466 297,612
Beginning balance (in shares) at Dec. 31, 2021 26,968,788 26,969,000    
Beginning balance at Dec. 31, 2021 $ 593,654 $ 270 258,474 334,910
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 42,686     42,686
Stock options exercised (in shares)   3,000    
Stock options exercised 206   206  
Share-based compensation expense 2,761   2,761  
Payment of dividends to shareholders (6,502)   4 (6,506)
Payment of minimum tax withholdings on share-based awards (in shares)   (30,000)    
Payment of minimum tax withholdings on share-based awards (3,254)     (3,254)
Repurchases and retirement of common stock (in shares)   (176,000)    
Repurchases and retirement of common stock (17,780) $ (2)   (17,778)
Issuance of share-based awards (in shares)   96,000    
Issuance of share-based awards 0 $ 1 (1)  
Ending balance (in shares) at Mar. 31, 2022   26,862,000    
Ending balance at Mar. 31, 2022 $ 611,771 $ 269 261,444 350,058
Beginning balance (in shares) at Dec. 31, 2021 26,968,788 26,969,000    
Beginning balance at Dec. 31, 2021 $ 593,654 $ 270 258,474 334,910
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income $ 98,116      
Ending balance (in shares) at Jun. 30, 2022 26,879,522 26,880,000    
Ending balance at Jun. 30, 2022 $ 664,350 $ 269 265,129 398,952
Beginning balance (in shares) at Mar. 31, 2022   26,862,000    
Beginning balance at Mar. 31, 2022 611,771 $ 269 261,444 350,058
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 55,430     55,430
Common stock issued under employee stock purchase plan (in shares)   5,000    
Common stock issued under employee stock purchase plan 374   374  
Share-based compensation expense 3,306   3,306  
Payment of dividends to shareholders (6,492)   5 (6,497)
Payment of minimum tax withholdings on share-based awards (in shares)   (1,000)    
Payment of minimum tax withholdings on share-based awards (39)     (39)
Issuance of share-based awards (in shares)   14,000    
Issuance of share-based awards $ 0      
Ending balance (in shares) at Jun. 30, 2022 26,879,522 26,880,000    
Ending balance at Jun. 30, 2022 $ 664,350 $ 269 $ 265,129 $ 398,952