Equity and Noncontrolling Interest

3 Months Ended

Mar. 31, 2018

Stockholders Equity Note Disclosure [Text Block]

Note 15 – Equity

The following tables present the changes in equity, net of tax, for the three months ended March 31, 2018 and 2017:

									Accumulated
					Capital in				Other
			Common		Excess of		Retained		Comprehensive		Noncontrolling
			Stock		Par Value		Earnings		Loss		Interest		Total
Balance at December 31, 2017			$	13,308	$	93,528	$	365,182	$	(65,100)	$	1,946	$	408,864
	Net income			—		—		12,732		—		55		12,787
	Amounts reported in other comprehensive
		income		—		—		—		6,362		95		6,457
	Dividends ($0.355 per share)			—		—		(4,729)		—		—		(4,729)
	Distributions to noncontrolling affiliate			—		—		—		—		(834)		(834)
	Share issuance and equity-based
		compensation plans		15		203		—		—		—		218
Balance at March 31, 2018			$	13,323	$	93,731	$	373,185	$	(58,738)	$	1,262	$	422,763

Balance at December 31, 2016			$	13,278	$	112,475	$	364,414	$	(87,407)	$	9,846	$	412,606
	Net income			—		—		6,992		—		622		7,614
	Amounts reported in other comprehensive
		income		—		—		—		5,446		520		5,966
	Dividends ($0.345 per share)			—		—		(4,587)		—		—		(4,587)
	Share issuance and equity-based
		compensation plans		13		363		—		—		—		376
Balance at March 31, 2017			$	13,291	$	112,838	$	366,819	$	(81,961)	$	10,988	$	421,975

The following tables show the reclassifications from and resulting balances of AOCI for the three months ended March 31, 2018 and 2017:

							Unrealized
			Currency		Defined		Gain (Loss) in
			Translation		Benefit		Available-for-
			Adjustments		Pension Plans		Sale Securities		Total
Balance at December 31, 2017			$	(31,893)	$	(34,093)	$	886	$	(65,100)
	Other comprehensive income (loss) before
		reclassifications		6,764		(697)		(443)		5,624
	Amounts reclassified from AOCI			—		783		(172)		611
	Current period other comprehensive income (loss)			6,764		86		(615)		6,235
	Related tax amounts			—		(2)		129		127
	Net current period other comprehensive income (loss)			6,764		84		(486)		6,362
Balance at March 31, 2018			$	(25,129)	$	(34,009)	$	400	$	(58,738)

Balance at December 31, 2016			$	(52,255)	$	(36,168)	$	1,016	$	(87,407)
	Other comprehensive income (loss) before
		reclassifications		4,928		(341)		665		5,252
	Amounts reclassified from AOCI			—		850		(360)		490
	Current period other comprehensive income			4,928		509		305		5,742
	Related tax amounts			—		(191)		(105)		(296)
	Net current period other comprehensive income			4,928		318		200		5,446
Balance at March 31, 2017			$	(47,327)	$	(35,850)	$	1,216	$	(81,961)

Approximately 25% and 75% of the amounts reclassified from AOCI to the Condensed Consolidated Statements of Income for defined benefit retirement plans during the three months ended March 31, 2018 and 2017 were recorded in COGS and SG&A, respectively. See Note 8 of Notes to Condensed Consolidated Financial Statements for further information. All reclassifications related to unrealized gain (loss) in available-for-sale securities relate to the Company’s equity interest in a captive insurance company and are recorded in equity in net (loss) income of associated companies. The amounts reported in other comprehensive income for non-controlling interest are related to currency translation adjustments.