Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2016

Schedule of cash dividends declared per common share

Cash dividends declared per common share for the three and six months ended June 30, 2016 and 2015, were as follows:



	Three months ended June 30,				Six months ended June 30,
	2016		2015		2016		2015
Cash dividends declared and paid per common share	$	0.55	$	0.53	$	1.10	$	1.06

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,
	2016	2015	2016	2015
Weighted average number of common shares outstanding	64,130	66,000	64,444	66,068
Director Plan and deferred stock units	166	242	181	224
ESOP	110	82	101	84
Common shares outstanding—basic	64,406	66,324	64,726	66,376
Dilutive effect of Option Plans and Omnibus Plan	891	1,505	913	1,611
Common and potential common shares outstanding—diluted	65,297	67,829	65,639	67,987

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, 2015	$	(64,360	)	$	1,868		$	(62,492	)
Reclassification to the income statement	—			(1,574		)	(1,574		)
Change in fair value	(1,038		)	(5,685		)	(6,723		)
Balance as of June 30, 2016	$	(65,398	)	$	(5,391	)	$	(70,789	)

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, 2016 and 2015 (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,
Derivatives in Cash Flow Hedging Relationships		2016			2015			2016			2015
Foreign currency contracts	Other expense, net	$	493		$	1,898		$	2,423		$	2,402
Foreign currency contracts	Cost of sales	(278		)	(1,122		)	(849		)	(2,018		)
Total		$	215		$	776		$	1,574		$	384