NOTE K — OTHER

Cash dividends

Dividends declared in the six months ended June 30, 2015 are as follows:


Dividend per share		Date declared	Date of record	Payment date

$	0.03750	March 4, 2015	May 1, 2015	May 15, 2015
$	0.03750	June 10, 2015	July 31, 2015	August 14, 2015

On February 13 and May 15, 2015, the Company paid cash dividends of $514,000 and $520,000, respectively. In the three months ended June 30, 2015, the Company reduced retained earnings for the accrual of $528,000 relating to the dividend payable on August 15, 2015.

On August 4, 2015, the Board of Directors declared a quarterly dividend of $0.0425 per share payable on November 13, 2015 to shareholders of record on October 30, 2015.

Supplemental cash flow information


	Six Months Ended June 30,
	2015		2014
	(in thousands)
Supplemental disclosure of cash flow information:
Cash paid for interest	$	2,423	$	2,421
Cash paid for taxes		6,288		4,406

Non-cash investing activities:
Translation adjustment	$	1,507	$	(1,732	)

Components of accumulated other comprehensive loss, net


	Three Months Ended June 30,						Six Months Ended June 30,
	2015			2014			2015			2014
	(in thousands)
Accumulated translation adjustment:
Balance at beginning of period	$	(10,385	)	$	(2,254	)	$	(7,680	)	$	(2,944	)
Translation gain (loss) during period		1,198			1,042			(1,507	)		1,732

Balance at end of period	$	(9,187	)	$	(1,212	)	$	(9,187	)	$	(1,212	)


Accumulated deferred losses on cash flow hedges:
Balance at beginning of period	$	(72	)	$	(22	)	$	(18	)	$	(31	)
Derivative fair value adjustment, net of taxes of $12 and $29 for the three months ended June 30, 2015 and 2014, respectively, and $25 and $23 for the six months ended June 30, 2015 and 2014, respectively.		17			(43	)		(37	)		(34	)

Balance at end of period	$	(55	)	$	(65	)	$	(55	)	$	(65	)


Accumulated effect of retirement benefit obligations:
Balance at beginning of period	$	(2,204	)	$	(738	)	$	(2,224	)	$	(745	)
Amounts reclassified from accumulated other comprehensive loss: ⁽¹⁾

Amortization of actuarial losses, net of taxes of $13 and $5 for the three months ended June 30, 2015 and 2014, respectively, and $26 and $9 for the six months ended June 30, 2015 and 2014, respectively.		20			7			40			14

Balance at end of period	$	(2,184	)	$	(731	)	$	(2,184	)	$	(731	)


Total accumulated other comprehensive loss at end of period	$	(11,426	)	$	(2,008	)	$	(11,426	)	$	(2,008	)

(1)	Amounts are recorded in selling, general and administrative expense on the condensed consolidated statements of operations.