Equity and Noncontrolling Interest

3 Months Ended

Mar. 31, 2021

Stockholders Equity [Abstract]

Stockholders Equity Note Disclosure [Text Block]

Note 16 – Equity

The following tables present the changes in equity, net of tax, for the three months ended March 31, 2021 and 2020:

Accumulated

Capital in

Other

Common

Excess of

Retained

Comprehensive

Noncontrolling

Stock

Par Value

Earnings

Loss

Interest

Total

Balance at December 31, 2020

$

17,851

$

905,171

$

423,940

$

(26,598)

$

550

$

1,320,914

Net income

—

—

38,615

—

17

38,632

Amounts reported in other comprehensive 

loss

—

—

—

(26,630)

(2)

(26,632)

Dividends ($

0.395

 per share)

—

—

(7,062)

—

—

(7,062)

Share issuance and equity-based

compensation plans

24

3,577

—

—

—

3,601

Balance at March 31, 2021

$

17,875

$

908,748

$

455,493

$

(53,228)

$

565

$

1,329,453

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)

Distributions to noncontrolling 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

The following tables show the reclassifications from and resulting balances of AOCI for the three months ended March 31, 2021

and 2020:

Defined

Unrealized

Currency

Benefit

Gain (Loss) in 

Translation

Retirement

Available-for -

Derivative

Adjustments

Plans

Sale Securities

Instruments

Total

Balance at December 31, 2020

$

(2,875)

$

(23,467)

$

3,342

$

(3,598)

$

(26,598)

Other comprehensive (loss) income before

reclassifications

(25,459)

781

(745)

730

(24,693)

Amounts reclassified from AOCI

—

862

(3,085)

—

(2,223)

Current period other comprehensive (loss) income

(25,459)

1,643

(3,830)

730

(26,916)

Related tax amounts

—

(351)

805

(168)

286

Net current period other comprehensive (loss) income

(25,459)

1,292

(3,025)

562

(26,630)

Balance at March 31, 2021

$

(28,334)

$

(22,175)

$

317

$

(3,036)

$

(53,228)

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)

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 income of associated companies. The amounts reported in other

comprehensive income for non-controlling interest are related to currency translation adjustments.