Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2014

Text Block [Abstract]

Schedule of cash dividends declared per common share

Cash dividends declared per common share for the three months ended March 31, 2014 and 2013, were as follows:

	Three months ended March 31,
	2014		2013
Cash dividends declared and paid per common share	$	0.48	$	0.42

Schedule of reconciliation of weighted average number of shares

A reconciliation of these amounts is as follows (in thousands):

	Three months ended March 31,
	2014	2013
Weighted average number of common shares outstanding	65,557	68,355
Director Plan and deferred stock units	201	340
ESOP	75	98
Common shares outstanding—basic	65,833	68,793
Dilutive effect of Option Plans and Omnibus Plan	2,125	1,969
Common and potential common shares outstanding—diluted	67,958	70,762

Schedule of changes in accumulated other comprehensive income (loss) balances

Changes in the accumulated other comprehensive income balance is as follows (in thousands):

	Foreign Currency Items		Cash Flow Hedging Derivatives			Accumulated Other Comprehensive Income
Balance as of December 31, 2013	$	18,582	$	179		$	18,761
Reclassification to the income statement	—		(308		)	(308		)
Change in fair value	1,307		874			2,181
Balance as of March 31, 2014	$	19,889	$	745		$	20,634

Schedule of gains and losses, net of tax, reclassified from accumulated other comprehensive income into the income statement for cash flow derivatives designated as hedging instruments

The table below provides data about the amount of gains and losses, net of tax, reclassified from accumulated other comprehensive income into the income statement for cash flow derivatives designated as hedging instruments for the three months ended March 31, 2014 and 2013 (in thousands):

Derivatives in Cash Flow Hedging Relationships	Location of (Gain) Loss Reclassified from Accumulated OCI into Income	Three months ended March 31,
		2014			2013
Foreign currency contracts	Other (income), net	$	(410	)	$	(220	)
Foreign currency contracts	Cost of sales	102			216
Total		$	(308	)	$	(4	)