Equity

9 Months Ended

Sep. 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 nine months ended September 30, 2021 and 2020:

Accumulated

Capital in

Other

Common

Excess of

Retained

Comprehensive

Noncontrolling

Stock

Par Value

Earnings

Loss

Interest

Total

Balance at June 30, 2021

$

17,878

$

910,862

$

482,001

$

(35,943)

$

603

$

1,375,401

Net income

—

—

31,058

—

15

31,073

Amounts reported in other comprehensive 

loss

—

—

—

(18,780)

—

(18,780)

Dividends ($

0.415

 per share)

—

—

(7,424)

—

—

(7,424)

Share issuance and equity-based

compensation plans

11

3,415

—

—

—

3,426

Balance at September 30, 2021

$

17,889

$

914,277

$

505,635

$

(54,723)

$

618

$

1,383,696

Balance at June 30, 2020

$

17,800

$

896,108

$

362,265

$

(109,264)

$

432

$

1,167,341

Net income

—

—

27,304

—

38

27,342

Amounts reported in other comprehensive 

income

—

—

—

34,254

17

34,271

Dividends ($

0.395

 per share)

—

—

(7,048)

—

—

(7,048)

Share issuance and equity-based

compensation plans

31

4,494

—

—

—

4,525

Balance at September 30, 2020

$

17,831

$

900,602

$

382,521

$

(75,010)

$

487

$

1,226,431

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

—

—

103,243

—

62

103,305

Amounts reported in other comprehensive 

(loss) income

—

—

—

(28,125)

6

(28,119)

Dividends ($

1.205

 per share)

—

—

(21,548)

—

—

(21,548)

Share issuance and equity-based

compensation plans

38

9,106

—

—

—

9,144

Balance at September 30, 2021

$

17,889

$

914,277

$

505,635

$

(54,723)

$

618

$

1,383,696

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

—

—

(8,812)

—

88

(8,724)

Amounts reported in other comprehensive 

income (loss)

—

—

—

3,160

(114)

3,046

Dividends ($

1.165

 per share)

—

—

(20,735)

—

—

(20,735)

Acquisition of noncontrolling interest

—

(707)

—

—

(340)

(1,047)

Distributions to noncontrolling affiliate

shareholders

—

—

—

—

(751)

(751)

Share issuance and equity-based

compensation plans

96

13,091

—

—

—

13,187

Balance at September 30, 2020

$

17,831

$

900,602

$

382,521

$

(75,010)

$

487

$

1,226,431

The following tables show the reclassifications from and resulting balances of AOCI for the three and nine months ended

September 30, 2021 and 2020:

Defined

Unrealized

Currency

Benefit

Gain (Loss) in

Translation

Pension

Available-for-

Derivative

Adjustments

Plans

Sale Securities

Instruments

Total

Balance at June 30, 2021

$

(12,177)

$

(21,778)

$

596

$

(2,584)

$

(35,943)

Other comprehensive (loss) income before 

reclassifications

(19,905)

488

(85)

567

(18,935)

Amounts reclassified from AOCI

—

709

(176)

—

533

Related tax amounts

—

(293)

46

(131)

(378)

Balance at September 30, 2021

$

(32,082)

$

(20,874)

$

381

$

(2,148)

$

(54,723)

Balance at June 30, 2020

$

(88,637)

$

(17,363)

$

1,148

$

(4,412)

$

(109,264)

Other comprehensive income (loss) before

reclassifications

33,601

(901)

810

460

33,970

Amounts reclassified from AOCI

—

584

(104)

—

480

Related tax amounts

—

60

(150)

(106)

(196)

Balance at September 30, 2020

$

(55,036)

$

(17,620)

$

1,704

$

(4,058)

$

(75,010)

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

(29,207)

1,009

(489)

1,883

(26,804)

Amounts reclassified from AOCI

—

2,423

(3,259)

—

(836)

Related tax amounts

—

(839)

787

(433)

(485)

Balance at September 30, 2021

$

(32,082)

$

(20,874)

$

381

$

(2,148)

$

(54,723)

Balance at December 31, 2019

$

(44,568)

$

(34,533)

$

1,251

$

(320)

$

(78,170)

Other comprehensive (loss) income before 

reclassifications

(10,468)

(409)

802

(4,855)

(14,930)

Amounts reclassified from AOCI

—

25,550

(229)

—

25,321

Related tax amounts

—

(8,228)

(120)

1,117

(7,231)

Balance at September 30, 2020

$

(55,036)

$

(17,620)

$

1,704

$

(4,058)

$

(75,010)

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.