Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.23.1
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balance (in shares) at Dec. 31, 2019 67,674,000 (9,649,000)        
Balance at Dec. 31, 2019 $ 6,767 $ (41,429) $ 73,549 $ 0 $ 70,833 $ 109,720
Shares issued - stock-based compensation (in shares) 223,000 (44,000)        
Shares issued - stock-based compensation $ 23 $ 0 40 0 0 63
Stock-based compensation expense 0 $ 0 848 0 0 848
Treasury stock (in shares)   (673)        
Treasury stock 0 $ (992) 0 0 0 (992)
Net income (loss) $ 0 $ 0 0 0 (48,181) (48,181)
Balance (in shares) at Dec. 31, 2020 67,897,000 (10,366,000)        
Balance at Dec. 31, 2020 $ 6,790 $ (42,421) 74,437 0 22,652 61,458
Shares issued - stock-based compensation (in shares) 1,665,000 (573,000)        
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 0 (1,426) 0 0 0 (1,426)
Net income (loss) $ 0 $ 0 0 0 81,836 81,836
Balance (in shares) at Dec. 31, 2021 69,562,000 (10,939,000)        
Balance at Dec. 31, 2021 $ 6,956 $ (43,847) 76,700 0 104,488 144,297
Shares issued - stock-based compensation (in shares) 614          
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 (691,000)        
Treasury stock $ 0 $ (3,805) 0 0 0 (3,805)
Net income (loss) $ 0 0 0 0 51,890 51,890
Conversion of liability awards to equity     5,336     5,336
Acquisition of TransGlobe (in shares) 49,307,000          
Acquisition of TransGlobe $ 4,931 $ 0 269,214 0 0 274,145
Dividend Distributions         (9,354) (9,354)
Other comprehensive income       1,179   1,179
Balance (in shares) at Dec. 31, 2022 119,483,000 (11,630,000)        
Balance at Dec. 31, 2022 $ 11,948 $ (47,652) $ 353,606 $ 1,179 $ 147,024 $ 466,105