XML 62 R68.htm IDEA: XBRL DOCUMENT v2.4.0.6
STOCKHOLDERS' EQUITY (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2005
Dec. 31, 2003
Total Comprehensive Loss                                  
Net income (loss)         $ 1,404,000 $ 12,265,000 $ 5,451,000 $ (12,787,000)         $ (7,732,000) $ 6,333,000 $ (32,421,000)    
Less: Noncontrolling interest in net income of subsidiary             (153,000) (21,000)           (174,000) (272,000)    
NET INCOME (LOSS) ATTRIBUTABLE TO ARKANSAS BEST CORPORATION (7,929,000) 6,518,000 11,841,000 (18,162,000) 1,404,000 12,265,000 5,298,000 (12,808,000)         (7,732,000) 6,159,000 (32,693,000)    
Other comprehensive income (loss):                                  
Change in foreign currency translation, net of tax of (2012 - $10; 2011 - $69; 2010 - $49)                         19,000 (108,000) 76,000    
Change in foreign currency translation, tax                         10,000 69,000 49,000    
Unrecognized net actuarial gain (loss), net of tax of (2012 - $3,709; 2011 - $10,804; 2010 - $1,951)                         (5,830,000) (27,178,000) 3,064,000    
Unrecognized net actuarial gain, tax                         3,709,000 10,804,000 1,951,000    
Amortization of unrecognized net periodic benefit costs, net of tax of (2012 - $4,354; 2011 - $2,789; 2010 - $3,119)                                  
Net actuarial loss                         6,957,000 4,497,000 4,819,000    
Prior service credit                         (116,000) (115,000) (4,000)    
Net transition obligation                             82,000    
Amortization of unrecognized net periodic benefit costs, tax                         4,354,000 2,789,000 3,119,000    
Pension settlement expense, net of tax of (2012 - $0; 2011 - $438; 2010 - $69)                           687,000 109,000    
Pension settlement expense, tax                         0 438,000 69,000    
Other, net of tax of (2012 - $0; 2011 - $70; 2010 - $7)                           (132,000) 13,000    
Other, tax                         0 70,000 7,000    
OTHER COMPREHENSIVE INCOME (LOSS), net of tax                         1,030,000 (22,349,000) 8,159,000    
COMPREHENSIVE LOSS ATTRIBUTABLE TO ARKANSAS BEST CORPORATION                         (6,702,000) (16,190,000) (24,534,000)    
Accumulated other comprehensive loss, pre-tax amounts:                                  
Foreign currency translation (662,000)       (691,000)       (514,000)       (662,000) (691,000) (514,000)    
Unrecognized net periodic benefit costs (86,737,000)       (88,393,000)       (58,707,000)       (86,737,000) (88,393,000) (58,707,000)    
Other                 202,000           202,000    
Total pre-tax amount (87,399,000)       (89,084,000)       (59,019,000)       (87,399,000) (89,084,000) (59,019,000)    
Accumulated other comprehensive loss, after-tax amounts:                                  
Foreign currency translation (404,000)       (423,000)       (315,000)       (404,000) (423,000) (315,000)    
Unrecognized net periodic benefit costs (56,968,000)       (57,979,000)       (35,870,000)       (56,968,000) (57,979,000) (35,870,000)    
Other                 132,000           132,000    
Total after-tax amount (57,372,000)       (58,402,000)       (36,053,000)       (57,372,000) (58,402,000) (36,053,000)    
Dividends on Common Stock                                  
Dividends declared (in dollars per share) $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.03 $ 0.12 $ 0.12 $ 0.12    
Dividend Amount 807,000 807,000 808,000 797,000 797,000 798,000 797,000 788,000 786,000 786,000 777,000 777,000 3,219,000 3,180,000 3,126,000    
Treasury Stock                                  
Amount of stock repurchases authorized                               75,000,000 25,000,000
Additional amount of stock repurchases authorized                               50,000,000  
Shares repurchased 1,618,150                       1,618,150        
Aggregate cost of shares repurchased 56,800,000                       56,800,000        
Amount of shares available for repurchase under the current buyback program                         $ 18,200,000