Equity

6 Months Ended

Jun. 30, 2021

Equity [Abstract]

Equity [Text Block]

Note 16 – Equity

The following tables present the changes in equity, net of tax, for the three and six months ended June 30, 2021 and 2020:

Accumulated

Capital in

Other

Common

Excess of

Retained

Comprehensive

Noncontrolling

Stock

Par Value

Earnings

Loss

Interest

Total

Balance at March 31, 2021

$

17,875

$

908,748

$

455,493

$

(53,228)

$

565

$

1,329,453

Net income

—

—

33,570

—

30

33,600

Amounts reported in other comprehensive 

income

—

—

—

17,285

8

17,293

Dividends ($

0.395

 per share)

—

—

(7,062)

—

—

(7,062)

Share issuance and equity-based

compensation plans

3

2,114

—

—

—

2,117

Balance at June 30, 2021

$

17,878

$

910,862

$

482,001

$

(35,943)

$

603

$

1,375,401

Balance at March 31, 2020

$

17,752

$

888,533

$

376,853

$

(121,524)

$

418

$

1,162,032

Net (loss) income

—

—

(7,735)

—

13

(7,722)

Amounts reported in other comprehensive 

income

—

—

—

12,260

1

12,261

Dividends ($

0.385

 per share)

—

—

(6,853)

—

—

(6,853)

Share issuance and equity-based

compensation plans

48

7,575

—

—

—

7,623

Balance at June 30, 2020

$

17,800

$

896,108

$

362,265

$

(109,264)

$

432

$

1,167,341

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

—

—

72,185

—

47

72,232

Amounts reported in other comprehensive 

(loss) income

—

—

—

(9,345)

6

(9,339)

Dividends ($

0.790

 per share)

—

—

(14,124)

—

—

(14,124)

Share issuance and equity-based

compensation plans

27

5,691

—

—

—

5,718

Balance at June 30, 2021

$

17,878

$

910,862

$

482,001

$

(35,943)

$

603

$

1,375,401

Balance at December 31, 2019

$

17,735

$

888,218

$

412,979

$

(78,170)

$

1,604

$

1,242,366

Cumulative effect of an accounting change

—

—

(911)

—

—

(911)

Balance at January 1, 2020

17,735

888,218

412,068

(78,170)

1,604

1,241,455

Net (loss) income

—

—

(36,116)

—

50

(36,066)

Amounts reported in other comprehensive 

loss

—

—

—

(31,094)

(131)

(31,225)

Dividends ($

0.770

0 per share)

—

—

(13,687)

—

—

(13,687)

Acquisition of noncontrolling interest

—

(707)

—

—

(340)

(1,047)

Distributions to noncontrolling affiliate

shareholders

—

—

—

—

(751)

(751)

Share issuance and equity-based

compensation plans

65

8,597

—

—

—

8,662

Balance at June 30, 2020

$

17,800

$

896,108

$

362,265

$

(109,264)

$

432

$

1,167,341

The following tables show the reclassifications from and resulting balances of AOCI for the three and six months ended June 30,

2021 and 2020:

Defined

Unrealized

Currency

Benefit

Gain (Loss) in 

Translation

Pension

Available-for -

Derivative

Adjustments

Plans

Sale Securities

Instruments

Total

Balance at March 31, 2021

$

(28,334)

$

(22,175)

$

317

$

(3,036)

$

(53,228)

Other comprehensive income (loss) before 

reclassifications

16,157

(260)

341

586

16,824

Amounts reclassified from AOCI

—

852

2

—

854

Related tax amounts

—

(195)

(64)

(134)

(393)

Balance at June 30, 2021

$

(12,177)

$

(21,778)

$

596

$

(2,584)

$

(35,943)

Balance at March 31, 2020

$

(99,187)

$

(17,576)

$

(460)

$

(4,301)

$

(121,524)

Other comprehensive income (loss) before

reclassifications

10,550

(336)

2,128

(144)

12,198

Amounts reclassified from AOCI

—

600

(93)

—

507

Related tax amounts

—

(51)

(427)

33

(445)

Balance at June 30, 2020

$

(88,637)

$

(17,363)

$

1,148

$

(4,412)

$

(109,264)

Defined

Unrealized

Currency

Benefit

Gain (Loss) in 

Translation

Pension

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

(9,302)

521

(404)

1,316

(7,869)

Amounts reclassified from AOCI

—

1,714

(3,083)

—

(1,369)

Related tax amounts

—

(546)

741

(302)

(107)

Balance at June 30, 2021

$

(12,177)

$

(21,778)

$

596

$

(2,584)

$

(35,943)

Balance at December 31, 2019

$

(44,568)

$

(34,533)

$

1,251

$

(320)

$

(78,170)

Other comprehensive (loss) income before 

reclassifications

(44,069)

492

(8)

(5,315)

(48,900)

Amounts reclassified from AOCI

—

24,966

(125)

—

24,841

Related tax amounts

—

(8,288)

30

1,223

(7,035)

Balance at June 30, 2020

$

(88,637)

$

(17,363)

$

1,148

$

(4,412)

$

(109,264)

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 noncontrolling interest are related to currency translation adjustments.