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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2013
STOCKHOLDERS' EQUITY  
Components of accumulated other comprehensive loss

 

 

 

 

March 31

 

December 31

 

 

 

2013

 

2012

 

 

 

(in thousands)

 

 

 

 

 

 

 

Pre-tax amounts:

 

 

 

 

 

Unrecognized net periodic benefit costs

 

$

(83,873

)

$

(86,737

)

Foreign currency translation

 

(692

)

(662

)

 

 

$

(84,565

)

$

(87,399

)

After-tax amounts:

 

 

 

 

 

Unrecognized net periodic benefit costs

 

$

(55,218

)

$

(56,968

)

Foreign currency translation

 

(423

)

(404

)

 

 

$

(55,641

)

$

(57,372

)

Summary of changes in accumulated other comprehensive loss, net of tax, by component

 

 

 

 

 

 

Unrecognized

 

Foreign

 

 

 

 

 

Net Periodic

 

Currency

 

 

 

Total

 

Benefit Costs

 

Translation

 

 

 

(in thousands)

 

 

 

 

 

Balance at January 1, 2013

 

$

(57,372

)

$

(56,968

)

$

(404

)

Other comprehensive loss before reclassifications

 

(19

)

 

(19

)

Amounts reclassified from accumulated other comprehensive loss

 

1,750

 

1,750

 

 

Net current-period other comprehensive income (loss)

 

1,731

 

1,750

 

(19

)

Balance at March 31, 2013

 

$

(55,641

)

$

(55,218

)

$

(423

)

Summary of the significant reclassifications out of accumulated other comprehensive loss by component

 

 

 

 

Amortization of

 

 

 

Unrecognized

 

 

 

Net Periodic

 

 

 

Benefit Costs(1)

 

 

 

(in thousands)

 

 

 

 

 

Net actuarial loss(2)

 

$

(2,912

)

Prior service credit(2)

 

48

 

Total, pre-tax

 

(2,864

)

Tax benefit

 

1,114

 

Total, net of tax

 

$

(1,750

)

 

 

(1)         Amounts in parentheses indicate increases in expense or loss.

(2)         These components of accumulated other comprehensive loss are included in the computation of net periodic pension cost (see Note G).

Summary of dividends declared

 

 

 

 

2013

 

2012

 

 

 

Per Share

 

Amount

 

Per Share

 

Amount

 

 

 

(in thousands, except per share data)

 

 

 

 

 

First quarter

 

$

0.03

 

$

807

 

$

0.03

 

$

797

 

Second quarter (2013 amount estimated)

 

$

0.03

 

$

806

 

$

0.03

 

$

808