Changes in Equity and Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2013

A summary of the changes in equity for the three months ended March 31, 2013 and 2012 is provided below:



	Three Months Ended March 31,
	2013								2012
(in thousands)	Total Shareholders’ Equity			Noncontrolling Interests		Total Equity			Total Shareholders’ Equity			Noncontrolling Interests		Total Equity
Balance, beginning of period	$	918,383		$	8,993	$	927,376		$	813,553		$	8,503	$	822,056
Dividends	(16,144		)	—		(16,144		)	(15,090		)	—		(15,090		)
Reacquisition on open market	—			—		—			—			—		—
Exercise of stock options, net of shares reacquired	13,609			—		13,609			7,323			—		7,323
Stock compensation expense	5,379			—		5,379			4,007			—		4,007
Excess tax benefit from stock based compensation	2,928			—		2,928			2,947			—		2,947
Net income	57,791			151		57,942			51,662			134		51,796
Other comprehensive income (loss)	(17,807		)	10		(17,797		)	22,791			26		22,817
Comprehensive income	39,984			161		40,145			74,453			160		74,613
Balance, end of period	$	964,139		$	9,154	$	973,293		$	887,193		$	8,663	$	895,856

Classification Of Accumulated Other Comprehensive Income Reflected On Consolidated Balance Sheets

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



		Defined Benefit Pension and Other Postretirement Items*			Currency Translation Adjustment			Total

Balance as of December 31, 2012		$	(197,806	)	$	69,729		$	(128,077	)
	Other comprehensive income before reclassifications	—			(19,910		)	(19,910		)
	Amounts reclassified from accumulated other comprehensive income	2,104			—			2,104
Net current-period other comprehensive income (loss)		2,104			(19,910		)	(17,806		)
Balance as of March 31, 2013		$	(195,702	)	$	49,819		$	(145,883	)

* Net of tax benefit of $88,580 and $89,540 for March 31, 2013 and December 31, 2012, respectively.