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STOCKHOLDERS' EQUITY (Tables)
6 Months Ended
Jun. 30, 2013
STOCKHOLDERS' EQUITY  
Components of accumulated other comprehensive loss

 

June 30

 

December 31

 

 

 

2013

 

2012

 

 

 

(in thousands)

 

 

 

 

 

 

 

Pre-tax amounts:

 

 

 

 

 

Unrecognized net periodic benefit costs

 

$

(34,733

)

$

(86,737

)

Foreign currency translation

 

(884

)

(662

)

 

 

$

(35,617

)

$

(87,399

)

 

 

 

 

 

 

After-tax amounts:

 

 

 

 

 

Unrecognized net periodic benefit costs

 

$

(25,194

)

$

(56,968

)

Foreign currency translation

 

(539

)

(404

)

 

 

$

(25,733

)

$

(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 December 31, 2012

 

$

(57,372

)

$

(56,968

)

$

(404

)

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassifications

 

28,139

 

28,274

 

(135

)

Amounts reclassified from accumulated other comprehensive loss

 

3,500

 

3,500

 

 

Net current-period other comprehensive income (loss)

 

31,639

 

31,774

 

(135

)

 

 

 

 

 

 

 

 

Balance at June 30, 2013

 

$

(25,733

)

$

(25,194

)

$

(539

)

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

The following is a summary of the significant reclassifications out of accumulated other comprehensive loss by component  for the six months ended June 30, 2013:

 

 

 

Amortization of

 

 

 

Unrecognized

 

 

 

Net Periodic

 

 

 

Benefit Costs(1)

 

 

 

(in thousands)

 

 

 

 

 

Net actuarial loss(2)

 

$

(5,824

)

Prior service credit(2)

 

95

 

Total, pre-tax

 

(5,729

)

Tax benefit

 

2,229

 

Total, net of tax

 

$

(3,500

)

 

(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 benefit 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

 

$

0.03

 

$

806

 

$

0.03

 

$

808

 

Third quarter (2013 amount estimated)

 

$

0.03

 

$

806

 

$

0.03

 

$

807