| Schedule of Stockholders Equity |
The following tables present changes in our equity for the three months ended March 31, 2022 and 2021 (in thousands, except shares and per share amounts):
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Common Stock |
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Additional Paid-in Capital |
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Treasury Stock |
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Accum.
Other
Comp.
Inc/(Loss) |
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Retained Earnings |
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Total
Equity |
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Shares |
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Amount |
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Shares |
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Amount |
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For the three months ended March 31, 2022: |
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Balances as of December 31, 2021 |
7,744,695 |
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$ |
78 |
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$ |
28 |
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11,461 |
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$ |
(15,417) |
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$ |
(1,007) |
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$ |
668,029 |
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$ |
651,711 |
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| Net income |
— |
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— |
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— |
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— |
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— |
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— |
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97,900 |
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97,900 |
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Dividends paid — $3.00 per share of common stock |
— |
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— |
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— |
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— |
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— |
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— |
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(23,224) |
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(23,224) |
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| Share-based compensation, net of forfeitures |
595 |
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— |
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1,477 |
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(595) |
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800 |
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— |
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(796) |
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1,481 |
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Periodic pension costs, net of income taxes of $2 |
— |
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— |
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— |
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— |
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— |
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8 |
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— |
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8 |
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Balances as of March 31, 2022 |
7,745,290 |
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$ |
78 |
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$ |
1,505 |
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10,866 |
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$ |
(14,617) |
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$ |
(999) |
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$ |
741,909 |
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$ |
727,876 |
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Sub-share Certificates |
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Common Stock |
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Accum.
Other
Comp.
Inc/(Loss) |
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Retained Earnings |
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Net Proceeds
From All
Sources |
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Total
Equity |
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Shares |
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Shares |
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Amount |
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For the three months ended March 31, 2021: |
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Balances as of December 31, 2020 |
7,756,156 |
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— |
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$ |
— |
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$ |
(2,693) |
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$ |
— |
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$ |
487,877 |
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$ |
485,184 |
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| Net income |
— |
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— |
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— |
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— |
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50,052 |
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— |
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50,052 |
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Dividends paid — $2.75 per share of common stock |
— |
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— |
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— |
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— |
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(21,329) |
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— |
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(21,329) |
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| Conversion of Sub-shares into shares of common stock |
(7,756,156) |
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7,756,156 |
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78 |
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— |
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487,799 |
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(487,877) |
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— |
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Periodic pension costs, net of income taxes of $8 |
— |
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— |
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— |
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28 |
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— |
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— |
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28 |
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Balances as of March 31, 2021 |
— |
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7,756,156 |
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$ |
78 |
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$ |
(2,665) |
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$ |
516,522 |
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$ |
— |
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$ |
513,935 |
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