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Stockholders' Equity (Tables)
9 Months Ended
Dec. 31, 2014
Schedule of Common Stock Repurchased and Average Price Paid Per Share

The aggregate dollar outlay for common stock repurchased, along with the number of shares repurchased, and average price paid per share, for the quarters and nine-month periods ended December 31 is as follows:

 

    

Quarter Ended

   Nine Months Ended
     December 31,    December 31,
(In thousands, except share and per share data)    2014      2013            2014      2013        

Aggregate dollar outlay for common stock repurchased

   $ 99,999                    99,999                   

Shares of common stock repurchased

     2,841,976                    2,841,976              

Average price paid per common share

   $ 35.19                      35.19                
Schedule of Dividends Declared

The Board of Directors declared the following dividends for the quarters and nine-month periods ended December 31:

 

    

Quarter Ended

          Nine Months Ended       
     December 31,           December 31,       
(In thousands, except dividend per share)    2014      2013            2014      2013        

Dividends declared

   $     12,029         12,396            37,229         37,431      

Dividend per share

     0.25         0.25              0.75         0.75        
Changes in Accumulated Other Comprehensive Income by Component, Net of Tax

The changes in accumulated other comprehensive income by component, net of tax for the quarters and nine month periods ended December 31, 2014 and 2013 are as follows:

 

     For the quarter ended December 31, 2014     For the nine months ended December 31, 2014
(in thousands)   

Balance

at

9/30/14

   

Gains/(losses)
recognized

in OCI

    Reclasses
from OCI to
net income
     Net
period
OCI
    Remaining
balance
12/31/14
    Balance
at
3/31/14
   

Gains/(losses)
recognized

in OCI

    Reclasses
from OCI to
net income
     Net
period
OCI
     Remaining    
balance    
                        12/31/14      

Available for sale securities

     225        (73     19         (54     171        92        (76     155         79         171       

Currency translation adjustment

     (9,811                           (9,811     (9,811                            (9,811  

Pension/Post-retirement benefits

     15                              15        (116     131                131         15     

Interest rate swaps

     (2,157            116         116        (2,041     (2,390            349         349         (2,041    

Total

     (11,728     (73     135         62        (11,666     (12,225     55        504         559         (11,666  
                                                                                         
  For the quarter ended December 31, 2013   For the nine months ended December 31, 2013

(in thousands)

Balance

at

9/30/13

 

Gains/(losses)
recognized

in OCI

  Reclasses
from OCI to
net income
  Net
period
OCI
  Remaining
balance
12/31/13
  Balance
at
3/31/13
 

Gains/(losses)
recognized

in OCI

  Reclasses
from OCI to
net income
  Net
period
OCI
 

Remaining    

balance     

12/31/13    

Available for sale securities

  (183   354      51      405      222      (121   149      194      343      222     

Currency translation adjustment

  (9,811                  (9,811   (9,811                  (9,811

Pension/Post-retirement benefits

  (4,353                  (4,353   (4,353                  (4,353

Interest rate swaps

  (2,623        116      116      (2,507   (2,856        349      349      (2,507  

Total

  (16,970   354      167      521      (16,449   (17,141   149      543      692      (16,449
                                                                                         

Reclassifications from Accumulated Other Comprehensive Loss to Condensed Consolidated Statement of Income

The following table summarizes the reclassifications from accumulated other comprehensive loss to the condensed consolidated statement of income for the quarters and nine month periods ended December 31, 2014 and 2013:

 

     Quarter Ended      Nine Months Ended       
     December 31,      December 31,      Affected line item in the condensed
(In thousands)    2014      2013      2014      2013      consolidated statements of income

Realized gains on available for sale securities

   $ 29         79         238         298       Interest income and other, net

Amortization of interest rate swap

     178         178         537         537       Interest and other debt costs

Total pre-tax amounts

     207         257         775         835      

Tax effect

     72         90         271         292        

Total gains for the period, net of tax

   $ 135         167         504         543