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Stockholders' Equity and Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
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
 
2018
 
2017
Location of loss (gain) reclassified from AOCI into income
Loss (gain) on cash flow hedging
 
 
 
 
 
Foreign exchange contracts
 
$
—

 
$
(158
)
Cost of sales
Interest rate contracts
 
—

 
(3,466
)
Interest expense
 
 
—

 
(3,624
)
Total before income tax expense
Tax effect
 
—

 
1,255

Income tax expense (benefit)
 
 
$
—

 
$
(2,369
)
Net of tax
 
 
 
 
 
 
Pension and postretirement plan
 
 
 
 
 
Actuarial loss
 
$
580

 
$
955

(a) 
Prior-service credit
 
(6
)
 
(10
)
(a) 
 
 
574

 
945

Total before income tax expense
Tax effect
 
(85
)
 
(363
)
Income tax benefit
 
 
$
489

 
$
582

Net of tax
 
 
 
 
 
 
Total reclassifications for the period
 
$
489

 
$
(1,787
)
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:
 
2018
 
2017
Basic weighted average shares outstanding
6,924

 
6,830

Dilutive effect of restricted stock awards
36

 
43

Diluted weighted average shares outstanding
6,960

 
6,873

 
 
 
 
Basic earnings per share:
 
 
 
Continuing operations
$
5.02

 
$
4.17

Discontinued operations
—

 
0.27

Basic earnings per share
$
5.02

 
$
4.44

 
 
 
 
Diluted earnings per share:
 
 
 
Continuing operations
$
5.00

 
$
4.14

Discontinued operations
—

 
0.27

Diluted earnings per share
$
5.00

 
$
4.41