Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2015

Equity [Abstract]

Schedule of cash dividends declared per common share

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

	Three months ended September 30,				Nine months ended September 30,
	2015		2014		2015		2014
Cash dividends declared and paid per common share	$	0.53	$	0.48	$	1.59	$	1.44

Schedule of reconciliation of weighted average number of shares

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

	Three months ended September 30,		Nine months ended September 30,
	2015	2014	2015	2014
Weighted average number of common shares outstanding	65,592	65,988	65,909	65,771
Director Plan and deferred stock units	212	201	221	204
ESOP	108	72	92	76
Common shares outstanding—basic	65,912	66,261	66,222	66,051
Dilutive effect of Option Plans and Omnibus Plan	1,456	2,067	1,559	2,074
Common and potential common shares outstanding—diluted	67,368	68,328	67,781	68,125

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	—			(392		)	(392		)
Change in fair value	(32,763		)	3,955			(28,808		)
Balance as of September 30, 2015	$	(58,552	)	$	2,111		$	(56,441	)

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 nine months ended September 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 September 30,						Nine months ended September 30,
		2015			2014			2015			2014
Foreign currency contracts	Other expense (income), net	$	1,134		$	206		$	3,536		$	(1,891	)
Foreign currency contracts	Cost of sales	(1,126		)	(208		)	(3,144		)	(148		)
Total		$	8		$	(2	)	$	392		$	(2,039	)