STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2017

STOCKHOLDERS' EQUITY

Components of accumulated other comprehensive loss

	June 30		December 31
	2017		2016
	(in thousands)
Pre-tax amounts:
Unrecognized net periodic benefit costs	$	(27,251)	$	(29,320)
Interest rate swap		(186)		(542)
Foreign currency translation		(2,125)		(1,978)
Total	$	(29,562)	$	(31,840)
After-tax amounts:
Unrecognized net periodic benefit costs	$	(20,622)	$	(21,886)
Interest rate swap		(113)		(329)
Foreign currency translation		(1,291)		(1,202)
Total	$	(22,026)	$	(23,417)

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, 2016	$	(23,417)	$	(21,886)	$	(329)	$	(1,202)
Other comprehensive income (loss) before reclassifications		(1,442)		(1,569)		216		(89)
Amounts reclassified from accumulated other comprehensive loss		2,833		2,833		—		—
Net current-period other comprehensive income		1,391		1,264		216		(89)
Balances at June 30, 2017	$	(22,026)	$	(20,622)	$	(113)	$	(1,291)
Balances at December 31, 2015	$	(27,496)	$	(25,497)	$	(545)	$	(1,454)
Other comprehensive income (loss) before reclassifications		(5,678)		(5,435)		(692)		449
Amounts reclassified from accumulated other comprehensive loss		2,331		2,331		—		—
Net current-period other comprehensive income (loss)		(3,347)		(3,104)		(692)		449
Balances at June 30, 2016	$	(30,843)	$	(28,601)	$	(1,237)	$	(1,005)

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

	Unrecognized Net Periodic
	Benefit Costs(1)(2)
	Six Months Ended June 30
	2017		2016
	(in thousands)
Amortization of net actuarial loss	$	(2,031)	$	(2,445)
Amortization of prior service credit		95		95
Pension settlement expense		(2,701)		(1,464)
Total, pre-tax		(4,637)		(3,814)
Tax benefit		1,804		1,483
Total, net of tax	$	(2,833)	$	(2,331)

⁽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

	2017				2016
	Per Share		Amount		Per Share		Amount
	(in thousands, except per share data)
First quarter	$	0.08	$	2,066	$	0.08	$	2,088
Second quarter	$	0.08	$	2,078	$	0.08	$	2,087