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Stockholders' Equity and Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes the amounts reclassified out of AOCI and recognized in the Consolidated Statement of Operations:

 
 
Amount reclassified from AOCI
 
Details about AOCI components
 
2017
 
2016
 
2015
Location of loss (gain) reclassified from AOCI into income
 
 
(In thousands)
 
Loss (gain) on cash flow hedging
 
 
 
 
 
 
 
Foreign exchange contracts
 
$
(158
)
 
$
(11
)
 
$
(860
)
Cost of sales
Interest rate contracts
 
(3,466
)
 
1,187

 
1,460

Interest expense
 
 
(3,624
)
 
1,176

 
600

Total before income tax expense
Tax effect
 
1,255

 
(419
)
 
(191
)
Income tax expense (benefit)
 
 
$
(2,369
)
 
$
757

 
$
409

Net of tax
 
 
 
 
 
 
 
 
Pension and postretirement plan
 
 
 
 
 
 
 
Actuarial loss
 
$
955

 
$
1,145

 
$
1,333

(a) 
Prior-service credit
 
(10
)
 
(49
)
 
(57
)
(a) 
 
 
945

 
1,096

 
1,276

Total before income tax expense
Tax effect
 
(363
)
 
(408
)
 
(420
)
Income tax benefit
 
 
$
582

 
$
688

 
$
856

Net of tax
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(1,787
)
 
$
1,445

 
$
1,265

Net of tax

(a) NACCO and NACoal's AOCI components are included in the computation of pension and postretirement expense. See Note 14 for a discussion of the Company's pension and postretirement expense.
Schedule of Earnings Per Share
The weighted average number of shares of Class A common stock and Class B common stock outstanding used to calculate basic and diluted earnings per share were as follows:
 
2017
 
2016
 
2015
Basic weighted average shares outstanding
6,830

 
6,818

 
7,001

Dilutive effect of restricted stock awards
43

 
36

 
21

Diluted weighted average shares outstanding
6,873

 
6,854

 
7,022

 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
Continuing operations
$
4.17

 
$
0.43

 
$
0.32

Discontinued operations
$
0.27

 
$
3.91

 
$
2.82

Basic earnings per share
$
4.44

 
$
4.34

 
$
3.14

 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
Continuing operations
$
4.14

 
$
0.43

 
$
0.32

Discontinued operations
$
0.27

 
$
3.89

 
$
2.81

Diluted earnings per share
$
4.41

 
$
4.32

 
$
3.13