Annual report pursuant to Section 13 and 15(d)

CAPITAL TRANSACTIONS - Narrative (Details)

v3.22.4
CAPITAL TRANSACTIONS - Narrative (Details)
 12 Months Ended
May 05, 2021
shares
Apr. 05, 2021
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
installment
$ / shares
shares
Dec. 31, 2021
USD ($)
installment
$ / shares
shares
Dec. 31, 2020
$ / shares
shares
Dec. 31, 2015
shares
Mar. 08, 2022
USD ($)
Mar. 10, 2021
USD ($)
Dec. 31, 2012
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Common stock, dividends (in dollars per share) | $ / shares   $ 1.00              
Dividends, common stock, cash   $ 19,900,000   $ 19,858,000          
Dividends declared per common share (in dollars per share) | $ / shares     $ 0 $ 1.00 $ 0        
Stock repurchase program, authorized amount             $ 30,000,000 $ 15,000,000  
Repurchase of common stock (in shares) | shares     909,000            
Repurchase of common stock     $ 13,571,000 $ 7,425,000          
Stock repurchase program, remaining authorized repurchase amount     $ 24,000,000            
Stock options                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Granted (in shares) | shares     0 0          
Shares exercised (in shares) | shares     29,000 54,000          
Granted (in dollars per share) | $ / shares     $ 0 $ 0          
Aggregate intrinsic values of options exercised     $ 300,000 $ 400,000          
Related tax benefit     $ 100,000 $ 200,000          
Outstanding options to purchase (in shares) | shares     143,000 172,000 226,000        
Aggregate Intrinsic value, outstanding     $ 0 $ 1,100,000          
Time-based stock options                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Share-based compensation expense     0 0          
Unrecognized share-based compensation expense, options     $ 0 0          
Time-based stock options | Maximum                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period     48 months            
Performance based stock options operating income margins                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unvested stock options outstanding (in shares) | shares     0            
RSUs                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Share-based compensation expense     $ 1,900,000 2,100,000          
Unrecognized share-based compensation expense, options     $ 3,000,000 $ 1,600,000          
Discount for lack of marketability     12.20%            
Performance period     3 years            
Expected volatility, minimum     50.10%            
Risk free interest rate, minimum     3.30%            
Weighted-average period over which the remaining compensation expense is expected to be recognized (years)     1 year 7 months 6 days            
Minimum withholding requirements (in shares) | shares     81,000 165,000          
RSUs | Minimum                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period     12 months            
RSUs | Maximum                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period     36 months            
Performance-Based Restricted Stock Units (RSUs)                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Share-based compensation expense     $ 1,000,000 $ 1,500,000          
Share based compensation potential compensation expense to be recognized     2,500,000            
Performance-Based Restricted Stock Units (RSUs) | Maximum                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Share based compensation potential compensation expense to be recognized     $ 5,300,000            
2012 Stock Incentive Plan                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Number of shares authorized under the plan (in shares) | shares                 1,500,000
Additional number of shares authorized under the plan (in shares) | shares 2,000,000         1,500,000      
2012 Stock Incentive Plan | Stock options                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Shares exercised (in shares) | shares     29,000 54,000          
Granted (in dollars per share) | $ / shares     $ 9.17 $ 12.00          
2012 Stock Incentive Plan | RSUs                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period     1 year 1 year          
Granted (in shares) | shares     881,000 364,000          
Weighted-average grant date fair value (in dollars per share) | $ / shares     $ 10.30 $ 13.74          
2012 Stock Incentive Plan | RSUs | Director                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Restriction period     2 years            
Number of shares subject to restriction period (in shares) | shares     94,000 88,000          
2012 Stock Incentive Plan | RSUs | Minimum                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period     12 months            
2012 Stock Incentive Plan | RSUs | Maximum                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period     36 months            
2012 Stock Incentive Plan | Time-Based Restricted Stock Units (RSUs)                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period     3 years 3 years          
Weighted-average grant date fair value (in dollars per share) | $ / shares     $ 10.76 $ 18.05          
Number of monthly installments for vesting of stock awards | installment     12 12          
2012 Stock Incentive Plan | Performance-Based Restricted Stock Units (RSUs)                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period     3 years            
Weighted-average grant date fair value (in dollars per share) | $ / shares     $ 6.01 $ 14.14          
2012 Stock Incentive Plan | Performance-Based Restricted Stock Units (RSUs) | Net Sales and Operating Income Targets                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period       3 years