Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.24.0.1
Consolidated Statements of Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2020     67,897 (10,366)        
Balance at Dec. 31, 2020     $ 6,790 $ (42,421) $ 74,437 $ 0 $ 22,652 $ 61,458
Shares issued - stock-based compensation (in shares)     1,665 (573)        
Shares issued - stock-based compensation     $ 166 $ 0 1,203 0 0 1,369
Stock-based compensation expense     0 $ 0 1,060 0 0 1,060
Treasury stock (in shares)       0        
Treasury stock     0 $ (1,426) 0 0 0 (1,426)
Net income     $ 0 $ 0 0 0 81,836 81,836
Balance (in shares) at Dec. 31, 2021     69,562 (10,939)        
Balance at Dec. 31, 2021     $ 6,956 $ (43,847) 76,700 0 104,488 144,297
Shares issued - stock-based compensation (in shares)     614 0        
Shares issued - stock-based compensation     $ 61 $ 0 251 0 0 312
Stock-based compensation expense     $ 0 $ 0 2,105 0 0 2,105
Treasury stock (in shares)     0 (691)        
Treasury stock     $ 0 $ (3,805) 0 0 0 (3,805)
Net income     0 0 0 0 51,890 51,890
Conversion of Liability Awards to Equity     $ 0 $ 0 5,336 0 0 5,336
Acquisition of TransGlobe (in shares)     49,307 0        
Acquisition of TransGlobe     $ 4,931 $ 0 269,214 0 0 274,145
Dividend distributions             (9,354) (9,354)
Other comprehensive income     $ 0 $ 0 0 1,179 0 1,179
Balance (in shares) at Dec. 31, 2022     119,483 (11,630)        
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022 $ (3,120) $ (3,120)            
Balance at Dec. 31, 2022     $ 11,948 $ (47,652) 353,606 1,179 147,024 466,105
Shares issued - stock-based compensation (in shares)     1,915 0        
Shares issued - stock-based compensation     $ 192 $ 0 482 0 0 674
Stock-based compensation expense     $ 0 $ 0 3,410 0 0 3,410
Treasury stock (in shares)     0 (5,421)        
Treasury stock     $ 0 $ (23,570) 0 0 0 (23,570)
Net income     0 0 0 0 60,354 60,354
Dividend distributions             (26,772) (26,772)
Other comprehensive income     $ 0 $ 0 0 1,701 0 1,701
Balance (in shares) at Dec. 31, 2023     121,398 (17,051)        
Balance at Dec. 31, 2023     $ 12,140 $ (71,222) $ 357,498 $ 2,880 $ 177,486 $ 478,782