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Other Non-Operating Income (Tables)
6 Months Ended
Jun. 30, 2017
Other Nonoperating Income (Expense) [Abstract]  
Summary of non-operating income
A summary of non-operating income is as follows:
 
Three Months Ended 
 June 30
 
Six Months Ended 
 June 30
(in thousands)
2017
 
2016
 
2017
 
2016
Foreign currency gain (loss), net
$
3,466

 
$
(24,084
)
 
$
5,194

 
$
(29,527
)
(Loss) gain on sales of businesses

 

 
(342
)
 
18,931

Gain on sale of land

 
34,072

 

 
34,072

Gain on sales of marketable equity securities (see Note 2)

 
4,502

 

 
6,256

Gain on the formation of a joint venture

 
3,232

 

 
3,232

Other, net
603

 
1,278

 
66

 
1,132

Total Other Non-Operating Income
$
4,069

 
$
19,000

 
$
4,918

 
$
34,096