Supplemental Balance Sheet and Income Statement Information

6 Months Ended

Jun. 30, 2019

Supplemental Balance Sheet and Income Statement Information

Supplemental Balance Sheet and Income Statement Information

Note 10 Supplemental Balance Sheet and Income Statement Information

Accrued liabilities included the following:

	June 30,		December 31,
	2019		2018
	(In thousands)
Accrued compensation	$	85,811	$	92,358
Deferred revenue and proceeds on insurance and asset sales		104,600		149,266
Other taxes payable		17,196		33,199
Workers’ compensation liabilities		15,214		16,316
Interest payable		53,728		59,718
Litigation reserves		18,890		24,926
Current liability to discontinued operations		—		2,445
Dividends declared and payable		7,832		25,330
Other accrued liabilities		16,492		14,354
	$	319,763	$	417,912

Investment income (loss) includes the following:

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2019		2018		2019		2018
	(In thousands)
Interest and dividend income		$	2,248	$	1,136	$	4,281	$	2,326
Gains (losses) on marketable securities			(1,779)		(4,300)		5,865		(5,025)
		$	469	$	(3,164)	$	10,146	$	(2,699)

Other, net included the following:

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2019		2018		2019		2018
	(In thousands)
Losses (gains) on sales, disposals and involuntary conversions of long-lived assets		$	6,527	$	3,594	$	10,160	$	5,834
Litigation expenses and reserves			(521)		4,677		6,611		8,277
Foreign currency transaction losses (gains)			1,398		3,742		9,970		6,244
Other losses (gains)			495		(4,032)		1,327		(5,329)
		$	7,899	$	7,981	$	28,068	$	15,026

The changes in accumulated other comprehensive income (loss), by component, included the following:

			Unrealized
	Gains		gains (losses)		Defined
	(losses) on		on available-		benefit		Foreign
	cash flow		for-sale		pension plan		currency
	hedges		securities		items		items		Total
	(In thousands (1) )
As of January 1, 2018	$	(922)	$	9,144	$	(4,111)	$	7,074	$	11,185
Other comprehensive income (loss) before reclassifications		—		—		—		(14,913)		(14,913)
Amounts reclassified from accumulated other comprehensive income (loss)		216		—		83		—		299
Adoption of ASU No. 2016-01		—		(9,144)		—		—		(9,144)
Net other comprehensive income (loss)		216		(9,144)		83		(14,913)		(23,758)
As of June 30, 2018	$	(706)	$	—	$	(4,028)	$	(7,839)	$	(12,573)

(1) All amounts are net of tax.

			Unrealized
	Gains		gains (losses)		Defined
	(losses) on		on available-		benefit		Foreign
	cash flow		for-sale		pension plan		currency
	hedges		securities		items		items		Total
	(In thousands (1) )
As of January 1, 2019	$	(492)	$	—	$	(3,945)	$	(24,888)	$	(29,325)
Other comprehensive income (loss) before reclassifications		—		—		—		15,539		15,539
Amounts reclassified from accumulated other comprehensive income (loss)		212		—		84		—		296
Net other comprehensive income (loss)		212		—		84		15,539		15,835
As of June 30, 2019	$	(280)	$	—	$	(3,861)	$	(9,349)	$	(13,490)

(1) All amounts are net of tax.

The line items that were reclassified to net income included the following:

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2019		2018		2019		2018
	(In thousands)
Interest expense		$	142	$	142	$	282	$	282
General and administrative expenses			54		54		108		108
Total income (loss) from continuing operations before income tax			(196)		(196)		(390)		(390)
Tax expense (benefit)			(48)		(48)		(94)		(91)
Reclassification adjustment for (gains)/ losses included in net income (loss)		$	(148)	$	(148)	$	(296)	$	(299)