XML 76 R10.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Changes in Equity and Comprehensive Income | 3 Months Ended
--- | ---
Mar. 31, 2013
Changes in Equity and Comprehensive Income | Changes in Equity and Comprehensive Income A summary of the changes in equity for the three months ended March 31, 2014 and 2013 is provided below:
| Three Months Ended March 31,
| 2014 |  | 2013
(in thousands) | Total Shareholders’ Equity |  | Noncontrolling Interests |  | Total Equity |  | Total Shareholders’ Equity |  | Noncontrolling Interests |  | Total Equity
Balance, beginning of period | $ | 1,204,319 |  |  | $ | 10,354 |  |  | $ | 1,214,673 |  |  | $ | 918,383 |  |  | $ | 8,993 |  |  | $ | 927,376 |
Dividends | (17,616 | ) |  | — |  |  | (17,616 | ) |  | (16,144 | ) |  | — |  |  | (16,144 | )
Reacquisition on open market | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Exercise of stock options, net of shares reacquired | 3,752 |  |  | — |  |  | 3,752 |  |  | 13,609 |  |  | — |  |  | 13,609 |
Stock compensation expense | 5,647 |  |  | — |  |  | 5,647 |  |  | 5,379 |  |  | — |  |  | 5,379 |
Excess tax benefit from stock based compensation | 5,145 |  |  | — |  |  | 5,145 |  |  | 2,928 |  |  | — |  |  | 2,928 |
Net income | 48,684 |  |  | 188 |  |  | 48,872 |  |  | 57,791 |  |  | 151 |  |  | 57,942 |
Other comprehensive income (loss) | (1,003 | ) |  | (25 | ) |  | (1,028 | ) |  | (17,807 | ) |  | 10 |  |  | (17,797 | )
Comprehensive income | 47,681 |  |  | 163 |  |  | 47,844 |  |  | 39,984 |  |  | 161 |  |  | 40,145 |
Balance, end of period | $ | 1,248,928 |  |  | $ | 10,517 |  |  | $ | 1,259,445 |  |  | $ | 964,139 |  |  | $ | 9,154 |  |  | $ | 973,293 |
The table below provides the accumulated balances for each classification of accumulated other comprehensive income (loss), as reflected on the Condensed Consolidated Balance Sheets.
| (in thousands) | Defined Benefit Pension and Other Postretirement Items* |  | Currency Translation Adjustment |  | Total
Balance as of December 31, 2013 | $ | (121,318 | ) |  | $ | 72,667 |  |  | $ | (48,651 | )
| Other comprehensive income (loss) before reclassifications | — |  |  | (2,511 | ) |  | (2,511 | )
| Amounts reclassified from accumulated other comprehensive income | 1,508 |  |  | — |  |  | 1,508 |
Net current-period other comprehensive income (loss) | 1,508 |  |  | (2,511 | ) |  | (1,003 | )
Balance as of March 31, 2014 | $ | (119,810 | ) |  | $ | 70,156 |  |  | $ | (49,654 | )
* Net of tax benefit of $52,286 and $53,373 for March 31, 2014 and December 31, 2013, respectively. The table below illustrates the amounts reclassified out of each component of accumulated other comprehensive income for the period ended March 31, 2014.
Details of Accumulated Other Comprehensive Income Components (in thousands) |  | Amounts Reclassified from Accumulated Other Comprehensive Income |  | Affected Line Item in the Statement of Operations
Amortization of defined benefit pension items: |  |  |  |
Prior-service costs |  | $ | 30 |  |  | $40 and ($11) has been recorded within Cost of Sales and Selling, General & Administrative, respectively
Net loss (gain) |  | 1,257 |  |  | $1,704 and ($447) has been recorded within Cost of Sales and Selling, General & Administrative, respectively
Amortization of other postretirement items: |  |  |  |
Prior-service costs |  | (59 | ) |  | Recorded within Selling, General & Administrative
Net loss (gain) |  | (33 | ) |  | Recorded within Selling, General & Administrative
|  | $ | 1,195 |  |  | Total before tax
|  | 387 |  |  | Tax benefit
Total reclassifications for the period |  | $ | 808 |  |  | Net of tax
The table below illustrates the amounts reclassified out of each component of accumulated other comprehensive income for the period ended March 31, 2013.
Details of Accumulated Other Comprehensive Income Components (in thousands) |  | Amounts Reclassified from Accumulated Other Comprehensive Income |  | Affected Line Item in the Statement of Operations
Amortization of defined benefit pension items: |  |  |  | Amortization of defined benefit pension items:
Prior-service costs |  | $ | (6 | ) |  | Prior-service costs
Net loss (gain) |  | 3,164 |  |  | Net loss (gain)
Amortization of other postretirement items: |  |  |  | Amortization of other postretirement items:
Prior-service costs |  | (59 | ) |  | Prior-service costs
Net loss (gain) |  | (35 | ) |  | Net loss (gain)
|  | $ | 3,064 |  |  |
|  | 960 |  |  |
Total reclassifications for the period |  | $ | 2,104 |  |  | Total reclassifications for the period

X
- Definition The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 5 -Paragraph 15 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Article 4 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 3, 4, 5, 6, 7, 8 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=6228006&loc=d3e74512-122707 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187143-122770 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 43 -Section B -Paragraph 7, 11A -Chapter 1 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 10 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 16: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 17: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770 Reference 18: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 19: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 20: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 21: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 22: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph d -Article 4 Reference 23: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration