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Supplemental Stockholders' Equity Information
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Supplemental Stockholders' Equity Information
SUPPLEMENTAL STOCKHOLDERS’ EQUITY INFORMATION
In 2015, the Board of Directors authorized up to $101.1 million of repurchases of shares of the Company’s Class A Common Stock. As of March 31, 2019, repurchases under this authorization totaled $84.9 million (excluding commissions) and $16.2 million remained under this authorization. The Company did not repurchase any shares during the first quarter of 2019. All purchases were made pursuant to our publicly announced share repurchase program. Our Board of Directors has authorized us to purchase shares under this authorization from time to time, subject to market conditions and other factors. There is no expiration date with respect to this authorization.
The following table summarizes the changes in AOCI by component as of March 31, 2019:
(In thousands)
 
Foreign Currency Translation Adjustments
 
Funded Status of Benefit Plans
 
Net Unrealized (Loss)/Gain on Available-For-Sale Securities
 
Total Accumulated Other Comprehensive Loss
Balance as of December 30, 2018
 
$
4,677

 
$
(520,308
)
 
$
(2,093
)
 
$
(517,724
)
Other comprehensive (loss)/income before reclassifications, before tax
 
(1,649
)
 

 
2,074

 
425

Amounts reclassified from accumulated other comprehensive loss, before tax
 

 
4,896

 

 
4,896

Income tax expense/(benefit)
 
(431
)
 
1,288

 
542

 
1,399

Net current-period other comprehensive (loss)/income, net of tax
 
(1,218
)
 
3,608

 
1,532

 
3,922

Balance as of March 31, 2019
 
$
3,459

 
$
(516,700
)
 
$
(561
)
 
$
(513,802
)

The following table summarizes the reclassifications from AOCI for the first quarter of 2019:
(In thousands)

Detail about accumulated other comprehensive loss components
 
 Amounts reclassified from accumulated other comprehensive loss
 
Affects line item in the statement where net income is presented
Funded status of benefit plans:
 
 
 
 
Amortization of prior service credit(1)
 
$
(1,677
)
 
Other components of net periodic benefit costs/(income)
Amortization of actuarial loss(1)
 
6,573

 
Other components of net periodic benefit costs/(income)
Total reclassification, before tax(2)
 
4,896

 
 
Income tax expense
 
1,288

 
Income tax expense
Total reclassification, net of tax
 
$
3,608

 
 
(1) These AOCI components are included in the computation of net periodic benefit cost for pension and other retirement benefits. See Note 10 for more information.
(2) There were no reclassifications relating to noncontrolling interest for the quarter ended March 31, 2019.