STOCKHOLDERS' EQUITY

3 Months Ended

Mar. 31, 2012

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY

NOTE F — STOCKHOLDERS’ EQUITY

Total Comprehensive Loss

	Three Months Ended
	March 31
	2012			2011
	($ thousands)
Net loss	$	(18,162	)	$	(12,787	)
Less: noncontrolling interest in net income of subsidiary	—			21
Net loss attributable to Arkansas Best Corporation	(18,162		)	(12,808		)
Other comprehensive income (loss):
Change in foreign currency translation, net of tax (2012 — $8; 2011 — $9)	13			16
Amortization of unrecognized net periodic benefit costs, net of tax (2012 — $1,089; 2011 — $697):
Net actuarial loss	1,739			1,124
Prior service credit	(29		)	(29		)
Other	—			(1		)
Total other comprehensive income	1,723			1,110
Total comprehensive loss	$	(16,439	)	$	(11,698	)

Accumulated Other Comprehensive Loss

	March 31			December 31
	2012			2011
	($ thousands)
Pre-tax amounts:
Foreign currency translation	$	(670	)	$	(691	)
Unrecognized net periodic benefit costs	(85,594		)	(88,393		)
Total	$	(86,264	)	$	(89,084	)
After-tax amounts:
Foreign currency translation	$	(410	)	$	(423	)
Unrecognized net periodic benefit costs	(56,269		)	(57,979		)
Total	$	(56,679	)	$	(58,402	)

Dividends on Common Stock

On April 24, 2012, the Company’s Board of Directors declared a dividend of $0.03 per share payable to stockholders of record as of May 8, 2012.

The following table is a summary of dividends declared during the applicable quarter:

	2012				2011
	Per Share		Amount		Per Share		Amount
	($ thousands, except per share data)
First quarter	$	0.03	$	797	$	0.03	$	788
Second quarter (2012 amount estimated)	$	0.03	$	808	$	0.03	$	797