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Equity and Noncontrolling Interest
 3 Months Ended
Mar. 31, 2020
Stockholders Equity [Abstract]  
Stockholders Equity Note Disclosure [Text Block] Note 16 – EquityThe following tables present the changes in equity, net of tax, for the three months ended March 31, 2020 and 2019:

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

 

 

 

 

 

 

 

 

 

 

Capital in

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

Common

 

Excess of

 

Retained

 

Comprehensive

 

Noncontrolling

 

 

 

 

 

 

Stock

 

Par Value

 

Earnings

 

Loss

 

Interest

 

Total

Balance at December 31, 2019

$

17,735

 

$

888,218

 

$

412,979

 

$

(78,170)

 

$

1,604

 

$

1,242,366

 

Cumulative effect of an accounting change

 

-

 

 

-

 

 

(402)

 

 

-

 

 

-

 

 

(402)

Balance at January 1, 2020

 

17,735

 

 

888,218

 

 

412,577

 

 

(78,170)

 

 

1,604

 

 

1,241,964

 

Net (loss) income

 

-

 

 

-

 

 

(28,381)

 

 

-

 

 

37

 

 

(28,344)

 

Amounts reported in other comprehensive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

loss

 

-

 

 

-

 

 

-

 

 

(43,354)

 

 

(132)

 

 

(43,486)

 

Dividends ($0.385 per share)

 

-

 

 

-

 

 

(6,834)

 

 

-

 

 

-

 

 

(6,834)

 

Acquisition of noncontrolling interest

 

-

 

 

(707)

 

 

-

 

 

-

 

 

(340)

 

 

(1,047)

 

Distribution to noncontrolling interest

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

affiliate shareholders

 

-

 

 

-

 

 

-

 

 

-

 

 

(751)

 

 

(751)

 

Share issuance and equity-based

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

compensation plans

 

17

 

 

1,022

 

 

-

 

 

-

 

 

-

 

 

1,039

Balance at March 31, 2020

$

17,752

 

$

888,533

 

$

377,362

 

$

(121,524)

 

$

418

 

$

1,162,541

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2018

$

13,338

 

$

97,304

 

$

405,125

 

$

(80,715)

 

$

1,317

 

$

436,369

 

Cumulative effect of an accounting change

 

-

 

 

-

 

 

(44)

 

 

-

 

 

-

 

 

(44)

Balance at January 1, 2019

 

13,338

 

 

97,304

 

 

405,081

 

 

(80,715)

 

 

1,317

 

 

436,325

 

Net income

 

-

 

 

-

 

 

13,844

 

 

-

 

 

56

 

 

13,900

 

Amounts reported in other comprehensive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

income (loss)

 

-

 

 

-

 

 

-

 

 

1,548

 

 

(1)

 

 

1,547

 

Dividends ($0.370 per share)

 

-

 

 

-

 

 

(4,933)

 

 

-

 

 

-

 

 

(4,933)

 

Share issuance and equity-based

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

compensation plans

 

(4)

 

 

(472)

 

 

-

 

 

-

 

 

-

 

 

(476)

Balance at March 31, 2019

$

13,334

 

$

96,832

 

$

413,992

 

$

(79,167)

 

$

1,372

 

$

446,363

The following tables show the reclassifications from and resulting balances of AOCI for the three months ended March 31, 2020 and 2019:

 

 

 

 

 

 

Defined

 

Unrealized

 

 

 

 

 

 

 

 

Currency

 

Benefit

 

Gain (Loss) in

 

 

 

 

 

 

 

 

Translation

 

Retirement

 

Available-for-

 

Derivative

 

 

 

 

 

 

Adjustments

 

Plans

 

Sale Securities

 

Instruments

 

Total

Balance at December 31, 2019

$

(44,568)

 

$

(34,533)

 

$

1,251

 

$

(320)

 

$

(78,170)

 

Other comprehensive (loss) income before

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

reclassifications

 

(54,619)

 

 

828

 

 

(2,135)

 

 

(5,170)

 

 

(61,096)

 

Amounts reclassified from AOCI

 

-

 

 

24,366

 

 

(32)

 

 

-

 

 

24,334

 

Current period other comprehensive (loss) income

 

(54,619)

 

 

25,194

 

 

(2,167)

 

 

(5,170)

 

 

(36,762)

 

Related tax amounts

 

-

 

 

(8,237)

 

 

456

 

 

1,189

 

 

(6,592)

 

Net current period other comprehensive (loss) income

 

(54,619)

 

 

16,957

 

 

(1,711)

 

 

(3,981)

 

 

(43,354)

Balance at March 31, 2020

$

(99,187)

 

$

(17,576)

 

$

(460)

 

$

(4,301)

 

$

(121,524)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2018

$

(49,322)

 

$

(30,551)

 

$

(842)

 

$

-

 

$

(80,715)

 

Other comprehensive (loss) income before

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

reclassifications

 

(431)

 

 

160

 

 

1,707

 

 

-

 

 

1,436

 

Amounts reclassified from AOCI

 

-

 

 

733

 

 

(96)

 

 

-

 

 

637

 

Current period other comprehensive (loss) income

 

(431)

 

 

893

 

 

1,611

 

 

-

 

 

2,073

 

Related tax amounts

 

-

 

 

(187)

 

 

(338)

 

 

-

 

 

(525)

 

Net current period other comprehensive (loss) income

 

(431)

 

 

706

 

 

1,273

 

 

-

 

 

1,548

Balance at March 31, 2019

$

(49,753)

 

$

(29,845)

 

$

431

 

$

-

 

$

(79,167)

All reclassifications related to unrealized (loss) gain in available-for-sale securities relate to the Company’s equity interest in a captive insurance company and are recorded in equity in net income of associated companies. The amounts reported in other comprehensive income for non-controlling interest are related to currency translation adjustments.