Changes In Equity And Comprehensive Income

3 Months Ended

Mar. 31, 2012

Changes In Equity And Comprehensive Income [Abstract]

Changes In Equity And Comprehensive Income

Note 4 - Changes in Equity and Comprehensive Income

A summary of the changes in equity for the three months ended March 31, 2012 and 2011 is provided below:

	Three Months Ended March 31,
	2012								2011
(in thousands)	Total Shareholders' Equity			Noncontrolling Interests		Total Equity			Total Shareholders' Equity			Noncontrolling Interests			Total Equity
Balance, beginning of period	$	813,553		$	8,503	$	822,056		$	984,944		$	8,086		$	993,030
Dividends		(15,090	)		—		(15,090	)		(13,444	)		—			(13,444	)
Reacquisition on open market		—			—		—			(29,999	)		—			(29,999	)
Exercise of stock options, net of shares reacquired		7,323			—		7,323			12,599			—			12,599
Stock compensation expense		4,007			—		4,007			3,503			—			3,503
Excess tax benefit from stock based compensation		2,947			—		2,947			3,952			—			3,952
Net income (loss)		51,662			134		51,796			48,467			(89	)		48,378
Other comprehensive income		22,791			26		22,817			31,558			80			31,638
Comprehensive income (loss)		74,453			160		74,613			80,025			(9	)		80,016
Balance, end of period	$	887,193		$	8,663	$	895,856		$	1,041,580		$	8,077		$	1,049,657

The table below provides the accumulated balances for each classification of accumulated other comprehensive income, as reflected on the Condensed Consolidated Balance Sheets.

	March 31, 2012			December 31, 2011
Currency translation adjustment	$	84,272		$	64,910
Changes in pension and postretirement plan assets and benefit obligation, net of tax benefit *		(154,993	)		(158,422	)
Accumulated other comprehensive income	$	(70,721	)	$	(93,512	)

* Net of tax benefit of $74,744 and $76,179 for March 31, 2012 and December 31, 2011, respectively.