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Other | 9 Months Ended
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Sep. 30, 2013
Other | NOTE J — OTHER Cash dividends Dividends declared in the nine months ended September 30, 2013 are as follows:
Dividend per share |  |  | Date declared |  | Date of record |  | Payment date
$ | 0.03125 |  |  | March 12, 2013 |  | May 1, 2013 |  | May 15, 2013
$ | 0.03125 |  |  | June 13, 2013 |  | August 1, 2013 |  | August 15, 2013
$ | 0.03125 |  |  | August 2, 2013 |  | November 1, 2013 |  | November 15, 2013
On February 15, 2013, May 15, 2013 and August 15, 2013, the Company paid cash dividends of $319,000, $401,000 and $397,000, respectively, which reduced retained earnings. In the three months ended September 30, 2013, the Company reduced retained earnings for the accrual of $398,000 relating to the dividend payable on November 15, 2013. On October 31, 2013, the Board of Directors declared a cash dividend of $0.0375 per share payable on February 14, 2014 to shareholders of record on January 31, 2014. Dividends declared in the nine months ended September 30, 2012 are as follows:
Dividend per share |  |  | Date declared |  | Date of record |  | Payment date
$ | 0.025 |  |  | January 11, 2012 |  | February 1, 2012 |  | February 15, 2012
$ | 0.025 |  |  | March 6, 2012 |  | May 1, 2012 |  | May 15, 2012
$ | 0.025 |  |  | June 13, 2012 |  | August 1, 2012 |  | August 15, 2012
$ | 0.025 |  |  | July 31, 2012 |  | November 1, 2012 |  | November 15, 2012
Stock repurchase program On April 30, 2013, Lifetime’s Board of Directors authorized the repurchase of up to $10.0 million of the Company’s common stock. The repurchase authorization permits the Company to effect the repurchases from time to time through open market purchases and privately negotiated transactions. During the nine months ended September 30, 2013, the Company repurchased 245,575 shares under the April 2013 authorization for a total cost of $3.2 million and thereafter retired the shares. Supplemental cash flow information
|  | Nine Months Ended September 30, |
|  | 2013 |  |  | 2012 |
|  | (in thousands) |
Supplemental disclosure of cash flow information: |  |  |  |  |  |  |  |
Cash paid for interest |  |  | 2,742 |  |  | $ | 4,373 |
Cash paid for taxes |  |  | 4,891 |  |  |  | 3,301 |
Non-cash investing activities: |  |  |  |  |  |  |  |
Translation adjustment |  |  | 190 |  |  | $ | (1,453 | )
Components of accumulated other comprehensive loss, net
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
|  | (in thousands) |
Accumulated translation adjustment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (3,194 | ) |  | $ | (5,674 | ) |  | $ | (2,804 | ) |  | $ | (5,881 | )
Translation gain (loss) during period |  |  | 200 |  |  |  | 1,246 |  |  |  | (190 | ) |  |  | 1,453 |
Balance at end of period |  | $ | (2,994 | ) |  | $ | (4,428 | ) |  | $ | (2,994 | ) |  | $ | (4,428 | )
Accumulated deferred losses on cash flow hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (28 | ) |  | $ | — |  |  | $ | (272 | ) |  | $ | — |
Derivative fair value adjustment, net of taxes of $32 and $172 for the three months ended September 30, 2013 and 2012, respectively, and $131 and $172 for the nine months ended September 30, 2013 and 2012, respectively |  |  | (48 | ) |  |  | (258 | ) |  |  | 196 |  |  |  | (258 | )
Balance at end of period |  | $ | (76 | ) |  | $ | (258 | ) |  | $ | (76 | ) |  | $ | (258 | )
Accumulated effect of retirement benefit obligations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (1,134 | ) |  | $ | (688 | ) |  | $ | (1,160 | ) |  | $ | — |
Net loss arising from retirement benefit obligations, net of taxes of $474 for the nine months ended September 30, 2012 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (711 | )
Amounts reclassified from accumulated other comprehensive loss: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of actuarial losses, net of taxes of $8 and $27 for the three and nine months ended September 30, 2013, respectively |  |  | 14 |  |  |  | 11 |  |  |  | 40 |  |  |  | 34 |
Balance at end of period |  | $ | (1,120 | ) |  | $ | (677 | ) |  | $ | (1,120 | ) |  | $ | (677 | )
Total accumulated other comprehensive loss at end of period |  | $ | (4,190 | ) |  | $ | (5,363 | ) |  | $ | (4,190 | ) |  | $ | (5,363 | )
Reclassifications out of accumulated other comprehensive loss
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |  |  | Statement of Operations line item
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |  |  |
|  | (in thousands) |  |  |
Effect of retirement benefit obligations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Actuarial losses before taxes |  | $ | 22 |  |  | $ | 11 |  |  | $ | 67 |  |  | $ | 34 |  |  |
Tax benefit |  |  | (8 | ) |  |  | — |  |  |  | (27 | ) |  |  | — |  |  |
Actuarial losses net of taxes |  | $ | 14 |  |  | $ | 11 |  |  | $ | 40 |  |  | $ | 34 |  |  | Selling, general and administrative expenses

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- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
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