STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2017

Components of accumulated other comprehensive loss

Components of accumulated other comprehensive loss were as follows at December 31:



	2017		2016		2015
	(in thousands)
Pre-tax amounts:
Unrecognized net periodic benefit costs	$	(25,768)	$	(29,320)	$	(35,231)
Interest rate swap		481		(542)		(897)
Foreign currency translation		(1,894)		(1,978)		(2,379)
Total	$	(27,181)	$	(31,840)	$	(38,507)

After-tax amounts:
Unrecognized net periodic benefit costs	$	(19,715)	$	(21,886)	$	(25,497)
Interest rate swap		292		(329)		(545)
Foreign currency translation		(1,151)		(1,202)		(1,454)
Total	$	(20,574)	$	(23,417)	$	(27,496)

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, 2015	$	(27,496)	$	(25,497)	$	(545)	$	(1,454)

Other comprehensive income (loss) before reclassifications		(799)		(1,267)		216		252
Amounts reclassified from accumulated other comprehensive loss		4,878		4,878		—		—
Net current-period other comprehensive income		4,079		3,611		216		252


Balances at December 31, 2016	$	(23,417)	$	(21,886)	$	(329)	$	(1,202)

Other comprehensive income (loss) before reclassifications		(1,968)		(2,640)		621		51
Amounts reclassified from accumulated other comprehensive loss		4,811		4,811		—		—
Net current-period other comprehensive income (loss)		2,843		2,171		621		51

Balances at December 31, 2017	$	(20,574)	$	(19,715)	$	292	$	(1,151)

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)
	2017		2016
	(in thousands)
Amortization of net actuarial loss	$	(3,908)	$	(4,944)
Amortization of prior service credit		190		190
Pension settlement expense		(4,156)		(3,229)
Total, pre-tax		(7,874)		(7,983)
Tax benefit		3,063		3,105
Total, net of tax	$	(4,811)	$	(4,878)

⁽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


	2017				2016
	Per Share		Amount		Per Share		Amount
	(in thousands, except per share data)
First quarter	$	0.08	$	2,066	$	0.08	$	2,088
Second quarter	$	0.08	$	2,078	$	0.08	$	2,087
Third quarter	$	0.08	$	2,063	$	0.08	$	2,074
Fourth quarter	$	0.08	$	2,057	$	0.08	$	2,069