XML 47 R34.htm IDEA: XBRL DOCUMENT
v3.3.1.900

STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2015
STOCKHOLDERS' EQUITY |
Components of accumulated other comprehensive loss | Components of accumulated other comprehensive loss were as follows at December 31:
|  |  | 2015 |  | 2014 |  | 2013 |
|  |  | (in thousands) |
Pre-tax amounts: |  |  |  |  |  |  |  |  |  |  |
Unrecognized net periodic benefit costs(1) |  |  | $ | (35,231) |  | $ | (30,140) |  | $ | (17,044) |
Interest rate swap |  |  |  | (897) |  |  | (576) |  |  | — |
Foreign currency translation |  |  |  | (2,379) |  |  | (1,216) |  |  | (863) |
Total |  |  | $ | (38,507) |  | $ | (31,932) |  | $ | (17,907) |
After-tax amounts: |  |  |  |  |  |  |  |  |  |  |
Unrecognized net periodic benefit costs(1) |  |  | $ | (25,497) |  | $ | (22,387) |  | $ | (14,386) |
Interest rate swap |  |  |  | (545) |  |  | (350) |  |  | — |
Foreign currency translation |  |  |  | (1,454) |  |  | (742) |  |  | (526) |
Total |  |  | $ | (27,496) |  | $ | (23,479) |  | $ | (14,912) |
| (1) |  | The increase in unrecognized net periodic benefit costs for 2015 primarily reflected the impact of increases in the unrecognized net actuarial loss of $4.2 million ($2.5 million after‑tax) related to the nonunion defined benefit pension plan, primarily due to the difference in actual return on plan assets versus the assumed return offset, in part, by pension settlement expense and amortization of net actuarial losses. The increase in unrecognized net periodic benefit costs for 2014 reflected the impact of increases in the unrecognized net actuarial loss $8.3 million ($5.1 million after-tax) related to the nonunion defined benefit pension plan and $5.2 million ($3.2 million after‑tax) related to the postretirement health benefit plan, primarily due to decreases in the discount rates used to remeasure the plan obligations. The nonunion defined benefit pension plan is discussed further in Note I.
Summary of changes in accumulated other comprehensive loss, net of tax, by component |
|  |  |  |  | Unrecognized |  |  | Interest |  | Foreign |
|  |  |  |  | Net Periodic |  |  | Rate |  | Currency |
|  | Total |  | Benefit Costs |  |  | Swap |  | Translation |
|  | (in thousands) |
Balances at December 31, 2013 |  | $ | (14,912) |  | $ | (14,386) |  | $ | — |  | $ | (526) |
Other comprehensive loss before reclassifications |  |  | (14,133) |  |  | (13,567) |  |  | (350) |  |  | (216) |
Amounts reclassified from accumulated other comprehensive loss |  |  | 5,566 |  |  | 5,566 |  |  | — |  |  | — |
Net current-period other comprehensive loss |  |  | (8,567) |  |  | (8,001) |  |  | (350) |  |  | (216) |
Balances at December 31, 2014 |  | $ | (23,479) |  | $ | (22,387) |  | $ | (350) |  | $ | (742) |
Other comprehensive loss before reclassifications |  |  | (8,442) |  |  | (7,535) |  |  | (195) |  |  | (712) |
Amounts reclassified from accumulated other comprehensive loss |  |  | 4,425 |  |  | 4,425 |  |  | — |  |  | — |
Net current-period other comprehensive loss |  |  | (4,017) |  |  | (3,110) |  |  | (195) |  |  | (712) |
Balances at December 31, 2015 |  | $ | (27,496) |  | $ | (25,497) |  | $ | (545) |  | $ | (1,454) |
Summary of the significant reclassifications out of accumulated other comprehensive loss by component | The following is a summary of the significant reclassifications out of accumulated other comprehensive loss by component for the years ended December 31:
|  | Unrecognized Net Periodic |
|  | Benefit Costs(1)(2) |
|  | 2015 |  | 2014 |
|  | (in thousands) |
Amortization of net actuarial loss |  | $ | (4,230) |  | $ | (2,705) |
Amortization of prior service credit |  |  | 190 |  |  | 190 |
Pension settlement expense |  |  | (3,202) |  |  | (6,595) |
Total, pre-tax |  |  | (7,242) |  |  | (9,110) |
Tax benefit |  |  | 2,817 |  |  | 3,544 |
Total, net of tax |  | $ | (4,425) |  | $ | (5,566) |
| (1) |  | Amounts in parentheses indicate increases in expense or loss.
| (2) |  | These components of accumulated other comprehensive loss are included in the computation of net periodic benefit cost (see Note I).
Summary of dividends declared |
|  | 2015 |  | 2014 |
|  | Per Share |  | Amount |  | Per Share |  | Amount |
|  | (in thousands, except per share data)
First quarter |  | $ | 0.06 |  | $ | 1,584 |  | $ | 0.03 |  | $ | 819 |
Second quarter |  | $ | 0.06 |  | $ | 1,578 |  | $ | 0.03 |  | $ | 816 |
Third quarter |  | $ | 0.06 |  | $ | 1,578 |  | $ | 0.03 |  | $ | 823 |
Fourth quarter |  | $ | 0.08 |  | $ | 2,097 |  | $ | 0.06 |  | $ | 1,644 |

X
- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
Name: | us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration