XML 16 R54.htm IDEA: XBRL DOCUMENT v2.4.1.9
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2014
Stockholders' Equity Note [Abstract]  
Schedule of Stock by Class
The Company has three classes of common stock as follows (share data in millions):
 
 
 
Issued Common Stock
 
 
 
Authorized Shares
 
Outstanding
 
Treasury
 
Issued Shares Classified as Common Stock
 
Total Issued Shares
Class A stock ($0.025 par value)
80.0

 
 
 
 
 
 
 
 
December 31, 2014
 
 
34.7

 
5.3

 
40.0

 
40.0

December 31, 2013
 
 
33.8

 
6.2

 
40.0

 
40.0

December 31, 2012
 
 
33.0

 
7.0

 
40.0

 
40.0

 
 
 
 
 
 
 
 
 
 
Class B stock ($0.025 par value)
80.0

 
 
 
 
 
 
 
 
December 31, 2014
 
 
14.2

 
0.8

 
15.0

 
15.0

December 31, 2013
 
 
14.2

 
0.8

 
15.0

 
15.0

December 31, 2012
 
 
14.2

 
0.8

 
15.0

 
15.0

 
 
 
 
 
 
 
 
 
 
Class C stock ($0.025 par value)
20.0

 
 
 
 
 
 
 
 
December 31, 2014
 
 

 
0.5

 
0.5

 
0.5

December 31, 2013
 
 

 
0.5

 
0.5

 
0.5

December 31, 2012
 
 

 
0.5

 
0.5

 
0.5


Schedule of Dividend Activity
The following table details the dividend activity related to the Company's then outstanding shares of class A, class B and class C common stock for the years ended December 31, 2014, 2013 and 2012:

 
Declaration Date
 
Record Date
 
Payment Date
 
Dividend Amount per Share
2014
 
 
 
 
 
 
 
Q4 Dividend
November 5, 2014
 
December 8, 2014
 
December 19, 2014
 
$
0.30

Q3 Dividend
August 5, 2014
 
September 8, 2014
 
September 19, 2014
 
0.30

Q2 Dividend
May 19, 2014
 
June 9, 2014
 
June 20, 2014
 
0.30

Q1 Dividend
February 26, 2014
 
March 12, 2014
 
March 21, 2014
 
0.30

2013
 
 
 
 
 
 
 
Q4 Dividend
November 5, 2013
 
December 9, 2013
 
December 20, 2013
 
$
0.30

Q3 Dividend
August 6, 2013
 
September 9, 2013
 
September 20, 2013
 
0.30

Q2 Dividend
May 20, 2013
 
June 10, 2013
 
June 21, 2013
 
0.30

Q1 Dividend
March 4, 2013
 
March 18, 2013
 
March 29, 2013
 
0.30

2012
 
 
 
 
 
 
 
Q4 Special Dividend
December 14, 2012
 
December 24, 2012
 
December 28, 2012
 
$
2.00

Q4 Dividend
November 7, 2012
 
December 3, 2012
 
December 14, 2012
 
0.25

Q3 Dividend
August 7, 2012
 
September 10, 2012
 
September 21, 2012
 
0.25

Q2 Dividend
May 9, 2012
 
June 11, 2012
 
June 22, 2012
 
0.25

Q1 Dividend
February 28, 2012
 
March 12, 2012
 
March 23, 2012
 
0.25

Temporary Equity
As such, information regarding the changes in redeemable equity for the year ended December 31, 2012 is provided in the table below:

 
Class C Common Stock
 
Shares
 
Redemption Value
Balance at January 1, 2012
0.3

 
$
3.5

Cash dividends declared

 
(0.2
)
Redeemable equity exchange
(0.3
)
 
(4.3
)
Increase in redemption value of redeemable equity

 
1.0

Balance at December 31, 2012

 
$