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OTHER | 6 Months Ended
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Jun. 30, 2017
OTHER | NOTE K — OTHER Cash dividends Dividends declared in the six months ended June 30, 2017 are as follows:
Dividend per share |  | Date declared |  | Date of record |  | Payment date
$ 0.0425 |  | March 8, 2017 |  | May 1, 2017 |  | May 15, 2017
$ 0.0425 |  | June 22, 2017 |  | August 1, 2017 |  | August 15, 2017
On February 15, 2017 and May 15, 2017, the Company paid cash dividends of $613,000 and $613,000, respectively, to shareholders of record on February 1, 2017 and May 1, 2017, respectively. In the three months ended June 30, 2017, the Company reduced retained earnings for the accrual of $639,000 relating to the dividend payable on August 15, 2017. On August 4, 2017, the Board of Directors declared a quarterly dividend of $0.0425 per share payable on November 15, 2017 to shareholders of record on November 1, 2017. Supplemental cash flow information
|  | Six Months Ended June 30, |
|  | 2017 |  |  | 2016 |
|  | (in thousands) |
Supplemental disclosure of cash flow information: |  |  |  |  |  |  |  |
Cash paid for interest |  | $ | 1,704 |  |  | $ | 1,971 |
Cash paid for taxes |  |  | 8,753 |  |  |  | 5,923 |
Non-cash investing activities: |  |  |  |  |  |  |  |
Translation adjustment |  | $ | 5,288 |  |  | $ | (5,133 | )
Components of accumulated other comprehensive loss, net
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
|  | (in thousands) |
Accumulated translation adjustment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (33,668 | ) |  | $ | (14,640 | ) |  | $ | (35,644 | ) |  | $ | (12,961 | )
Translation gain (loss) during period |  |  | 3,312 |  |  |  | (3,454 | ) |  |  | 5,288 |  |  |  | (5,133 | )
Amounts reclassified from accumulated other comprehensive loss: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Currency translation adjustment |  |  | — |  |  |  | 378 |  |  |  | — |  |  |  | 378 |
Balance at end of period |  | $ | (30,356 | ) |  | $ | (17,716 | ) |  | $ | (30,356 | ) |  | $ | (17,716 | )
Accumulated deferred gains (losses) on cash flow hedges: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | 10 |  |  | $ | (63 | ) |  | $ | (3 | ) |  | $ | (20 | )
Derivative fair value adjustment, net of taxes of $1 and $3 for the three month periods ended June 30, 2017 and 2016, respectively and $9 and $32 for the six month periods ended June 30, 2017 and 2016, respectively. |  |  | 1 |  |  |  | (4 | ) |  |  | 14 |  |  |  | (47 | )
Balance at end of period |  | $ | 11 |  |  | $ | (67 | ) |  | $ | 11 |  |  | $ | (67 | )
Accumulated effect of retirement benefit obligations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (1,337 | ) |  | $ | (1,190 | ) |  | $ | (1,352 | ) |  | $ | (1,204 | )
Amounts reclassified from accumulated other comprehensive loss: (2) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization of actuarial losses, net of taxes of $10 and $9 for the three month periods ended June 30, 2017 and 2016, respectively and $20 and $18 for the six month periods ended June 30, 2017 and 2016, respectively. |  |  | 16 |  |  |  | 13 |  |  |  | 31 |  |  |  | 27 |
Balance at end of period |  | $ | (1,321 | ) |  | $ | (1,177 | ) |  | $ | (1,321 | ) |  | $ | (1,177 | )
Total accumulated other comprehensive loss at end of period |  | $ | (31,666 | ) |  | $ | (18,960 | ) |  | $ | (31,666 | ) |  | $ | (18,960 | )
(1) | Amount is recorded in equity in earnings (losses) on the condensed consolidated statements of operations.
(2) | Amounts are recorded in selling, general and administrative expense on the condensed consolidated statements of operations.

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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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Period Type: | duration