OTHER

6 Months Ended

Jun. 30, 2019

NOTE N

—

OTHER

Cash dividends

Dividends declared in the six months ended June 30, 2019 were as follows:


Dividend per share	Date declared	Date of record	Payment date
$0.0425	March 12, 2019	May 1, 2019	May 15, 2019
$0.0425	June 27, 2019	August 1, 2019	August 15, 2019

On February 15, 2019 and May 15, 2019, the Company paid dividends of $0.9 million and $0.9 million to shareholders of record on February 1, 2019 and May 1, 2019, respectively. In the six months ended June 30, 2019, the Company reduced retained earnings for the accrual of $0.9 million relating to the dividend payable on August 15, 2019.

On August 6, 2019, the Board of Directors declared a quarterly dividend of $0.0425 per share payable on November 15, 2019 to shareholders of record on November 1, 2019.

Supplemental cash flow information


	Six Months Ended June 30,
	2019			2018
	(in thousands)
Supplemental disclosure of cash flow information:
Cash paid for interest	$	9,066		$	5,614
Cash paid for taxes		993			2,763
Non-cash investing activities:
Translation loss adjustment	$	(1,647	)	$	(2,109	)

Components of accumulated other comprehensive loss, net


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018
	(in thousands)
Accumulated translation adjustment:
Balance at beginning of period	$	(32,421	)	$	(24,441	)	$	(33,727	)	$	(27,821	)
Translation loss during period		(2,953	)		(5,489	)		(1,647	)		(2,109	)

Balance at end of period	$	(35,374	)	$	(29,930	)	$	(35,374	)	$	(29,930	)

Accumulated deferred gains (losses) on cash flow hedges:
Balance at beginning of period	$	757		$	—		$	161		$	14
Amounts reclassified from accumulated other comprehensive loss:
Settlement of cash flow hedge		(52	)		—			(23	)		(14	)
Change in unrealized gains (losses)		1,034			(263	)		1,601			(263	)

Net change in cash flow hedges, net of taxes of $306, $88, $495, and $88		982			(263	)		1,578			(277	)

Balance at end of period	$	1,739		$	(263	)	$	1,739		$	(263	)

Accumulated effect of retirement benefit obligations:
Balance at beginning of period	$	(1,037	)	$	(1,500	)	$	(1,050	)	$	(1,518	)
Amounts reclassified from accumulated other comprehensive loss: (1)
Amortization of actuarial losses, net of taxes		12			17			25			35

Balance at end of period	$	(1,025	)	$	(1,483	)	$	(1,025	)	$	(1,483	)

Total accumulated other comprehensive loss at end of period	$	(34,660	)	$	(31,676	)	$	(34,660	)	$	(31,676	)

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