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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Jun. 30, 2015
Schedule of Dividends Declared

The Board of Directors declared the following dividends for the quarters ended June 30:

 

     Quarter Ended
     June 30,
(In thousands, except dividend per share)    2015      2014        

Dividends declared

   $ 11,340         12,589      

Dividend per share

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

The changes in accumulated other comprehensive loss by component, net of tax for the quarter ended June 30, 2015 and 2014 are as follows:

 

     For the quarter ended June 30, 2014    For the quarter ended June 30, 2015
(in thousands)   

Balance

at

3/31/14

  

Gains/(losses)
recognized

in OCI

   Reclasses
from OCI to
net income
   Net
period
OCI
   Remaining
balance
6/30/14
   Balance
at
3/31/15
  

Gains/(losses)
recognized

in OCI

   Reclasses
from OCI to
net income
   Net
period
OCI
   Remaining
balance
6/30/15
   

Available for sale securities

       92            31            70            101            193            235            (114)           62            (52)           183    

Currency translation adjustment

       (9,811)           —            —            —            (9,811)           (9,811)           —            —            —            (9,811)   

Pension/Post-retirement benefits

       (116)           131            —            131            15            (9,129)           70            —            70            (9,059)   

Interest rate swap

       (2,390)           —            116            116            (2,274)           (1,673)           —            179            179            (1,494)   
   

Total

       (12,225)          162           186           348           (11,877)          (20,378)          (44)          241           197           (20,181)  
                                                                                                               
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 ended June 30, 2015 and 2014:

 

     Quarter Ended       
     June 30,      Affected line item in the condensed
(In thousands)    2015      2014      consolidated statements of income

Realized gains on available for sale securities

   $ 62         108       Interest income and other, net

Amortization of interest rate swap

     179         178       Interest and other debt costs, net

Total pre-tax amounts

     241         286      

Tax effect

             100        

Total gains for the period, net of tax

   $ 241         186