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OTHER (Tables)
6 Months Ended
Jun. 30, 2015
Cash Dividends Declared

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
Supplemental Cash Flow Information

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

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.