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Stockholders' Equity and Noncontrolling Interests (Tables)
3 Months Ended
Mar. 31, 2014
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity [Table Text Block]
The table below provides a reconciliation of the carrying amount of total stockholders’ equity, including stockholders’ equity attributable to Tower International, Inc. (“Tower”) and equity attributable to the noncontrolling interests (“NCI”) (in thousands):
 
 
 
Three Months Ended March 31,
 
 
 
2014
 
2013
 
 
 
Tower
 
NCI
 
Total
 
Tower
 
NCI
 
Total
 
Stockholders' equity beginning balance
 
$
74,375
 
$
62,494
 
$
136,869
 
$
63,247
 
$
77,627
 
$
140,874
 
Net income
 
 
14,855
 
 
423
 
 
15,278
 
 
2,548
 
 
1,986
 
 
4,534
 
Other comprehensive income / (loss):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments
 
 
(970)
 
 
(1,586)
 
 
(2,556)
 
 
(7,692)
 
 
249
 
 
(7,443)
 
Unrealized loss on qualifying cash flow hedge, net
 
 
(117)
 
 
-
 
 
(117)
 
 
(136)
 
 
-
 
 
(136)
 
Total comprehensive income / (loss)
 
 
13,768
 
 
(1,163)
 
 
12,605
 
 
(5,280)
 
 
2,235
 
 
(3,045)
 
Vesting of RSUs
 
 
1
 
 
-
 
 
1
 
 
1
 
 
-
 
 
1
 
Treasury stock
 
 
(889)
 
 
-
 
 
(889)
 
 
(275)
 
 
-
 
 
(275)
 
Share based compensation expense
 
 
1,204
 
 
-
 
 
1,204
 
 
1,185
 
 
-
 
 
1,185
 
Proceeds from stock options exercised
 
 
658
 
 
-
 
 
658
 
 
-
 
 
-
 
 
-
 
Noncontrolling interest dividends
 
 
-
 
 
(2,149)
 
 
(2,149)
 
 
-
 
 
-
 
 
-
 
Stockholders' equity ending balance
 
$
89,117
 
$
59,182
 
$
148,299
 
$
58,878
 
$
79,862
 
$
138,740
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents the components of accumulated other comprehensive income (in thousands): 
 
 
 
As of
March 31,
 
As of
December 31,
 
Other
Comprehensive
Loss
Attributable to
 
 
 
2014
 
2013
 
Tower
 
Foreign currency translation adjustments
 
$
23,993
 
$
24,963
 
$
(970)
 
Defined benefit plans, net of tax of $13.7 million
 
 
(12,833)
 
 
(12,833)
 
 
-
 
Unrealized loss on qualifying cash flow hedge, net
 
 
-
 
 
117
 
 
(117)
 
Accumulated other comprehensive income
 
$
11,160
 
$
12,247
 
$
(1,087)
 
Schedule Of Changes In Accumulated Other Comprehensive Income Loss [Table Text Block]
The following table presents the changes in accumulated other comprehensive income by component (in thousands) for the three months ended March 31, 2014: 
 
 
 
Unrealized Loss
on Qualifying
Cash Flow Hedge
 
Defined
Benefit
Plan, Net
 
Foreign
Currency
Translation
Adjustments
 
Total
 
Balance at December 31, 2013
 
$
117
 
$
(12,833)
 
$
24,963
 
$
12,247
 
Other comprehensive loss before reclassifications
 
 
(117)
 
 
-
 
 
(970)
 
 
(1,087)
 
Amounts reclassified from other accumulated comprehensive income
 
 
-
 
 
-
 
 
-
 
 
-
 
Net current-period other comprehensive loss
 
 
(117)
 
 
-
 
 
(970)
 
 
(1,087)
 
Balance at March 31, 2014
 
$
-
 
$
(12,833)
 
$
23,993
 
$
11,160
 
 
The following table presents the changes in accumulated other comprehensive loss by component (in thousands) for the three months ended March 31, 2013: 
 
 
 
Unrealized
Losses on
Qualifying Cash
Flow Hedge
 
Defined
Benefit
Plan, Net
 
Foreign
Currency
Translation
Adjustments
 
Total
 
Beginning Balance
 
$
(48)
 
$
(30,350)
 
$
17,914
 
$
(12,484)
 
Other comprehensive loss before reclassifications
 
 
(136)
 
 
-
 
 
(7,692)
 
 
(7,828)
 
Amounts reclassified from accumulated other comprehensive loss
 
 
-
 
 
-
 
 
-
 
 
-
 
Net current-period other comprehensive loss
 
 
(136)
 
 
-
 
 
(7,692)
 
 
(7,828)
 
Ending balance
 
$
(184)
 
$
(30,350)
 
$
10,222
 
$
(20,312)