Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Schedule of cash dividends declared per common share

Cash dividends declared per common share for the three and six months ended June 30, 2015 and 2014, were as follows:

	Three months ended June 30,				Six months ended June 30,
	2015		2014		2015		2014
Cash dividends declared and paid per common share	$	0.53	$	0.48	$	1.06	$	0.96

Schedule of reconciliation of weighted average number of shares

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

	Three months ended June 30,		Six months ended June 30,
	2015	2014	2015	2014
Weighted average number of common shares outstanding	66,000	65,769	66,068	65,663
Director Plan and deferred stock units	242	209	224	205
ESOP	82	82	84	78
Common shares outstanding—basic	66,324	66,060	66,376	65,946
Dilutive effect of Option Plans and Omnibus Plan	1,505	2,028	1,611	2,077
Common and potential common shares outstanding—diluted	67,829	68,088	67,987	68,023

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

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

	Foreign Currency Items			Cash Flow Hedging Derivatives			Accumulated Other Comprehensive Loss
Balance as of December 31, 2014	$	(25,789	)	$	(1,452	)	$	(27,241	)
Reclassification to the income statement	—			(384		)	(384		)
Change in fair value	(27,691		)	615			(27,076		)
Balance as of June 30, 2015	$	(53,480	)	$	(1,221	)	$	(54,701	)

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 loss into the income statement for cash flow derivatives designated as hedging instruments for the three and six months ended June 30, 2015 and 2014 (in thousands):

Derivatives in Cash Flow Hedging Relationships	Location of (Gain) Loss Reclassified from Accumulated OCI into Income	Three months ended June 30,						Six months ended June 30,
		2015			2014			2015			2014
Foreign currency contracts	Other expense (income), net	$	1,898		$	(1,687	)	$	2,402		$	(2,097	)
Foreign currency contracts	Cost of sales	(1,122		)	(42		)	(2,018		)	60
Total		$	776		$	(1,729	)	$	384		$	(2,037	)