STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2016

STOCKHOLDERS' EQUITY

Components of accumulated other comprehensive loss

	September 30		December 31
	2016		2015
	(in thousands)
Pre-tax amounts:
Unrecognized net periodic benefit costs	$	(36,118)	$	(35,231)
Interest rate swap		(1,605)		(897)
Foreign currency translation		(2,192)		(2,379)
Total	$	(39,915)	$	(38,507)
After-tax amounts:
Unrecognized net periodic benefit costs	$	(26,039)	$	(25,497)
Interest rate swap		(975)		(545)
Foreign currency translation		(1,425)		(1,454)
Total	$	(28,439)	$	(27,496)

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

			Unrecognized			Interest	Foreign
			Net Periodic			Rate	Currency
	Total		Benefit Costs			Swap	Translation
	(in thousands)
Balances at December 31, 2015	$	(27,496)	$	(25,497)	$	(545)	$	(1,454)
Other comprehensive income (loss) before reclassifications		(4,542)		(4,141)		(430)		29
Amounts reclassified from accumulated other comprehensive loss		3,599		3,599		—		—
Net current-period other comprehensive income (loss)		(943)		(542)		(430)		29
Balances at September 30, 2016	$	(28,439)	$	(26,039)	$	(975)	$	(1,425)
Balances at December 31, 2014	$	(23,479)	$	(22,387)	$	(350)	$	(742)
Other comprehensive loss before reclassifications		(7,387)		(6,232)		(603)		(552)
Amounts reclassified from accumulated other comprehensive loss		3,281		3,281		—		—
Net current-period other comprehensive loss		(4,106)		(2,951)		(603)		(552)
Balances at September 30, 2015	$	(27,585)	$	(25,338)	$	(953)	$	(1,294)

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

	Unrecognized Net Periodic
	Benefit Costs(1)(2)
	Nine Months Ended September 30
	2016		2015
	(in thousands)
Amortization of net actuarial loss	$	(3,766)	$	(3,035)
Amortization of prior service credit		142		142
Pension settlement expense		(2,267)		(2,478)
Total, pre-tax		(5,891)		(5,371)
Tax benefit		2,292		2,090
Total, net of tax	$	(3,599)	$	(3,281)

⁽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 F).

Summary of dividends declared

	2016				2015
	Per Share		Amount		Per Share		Amount
	(in thousands, except per share data)
First quarter	$	0.08	$	2,088	$	0.06	$	1,584
Second quarter	$	0.08	$	2,087	$	0.06	$	1,578
Third quarter	$	0.08	$	2,074	$	0.06	$	1,578