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Stockholders' Equity and Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Stock by Class
The following table sets forth the Company's authorized capital stock information:
 
December 31
 
2019
 
2018

(In thousands)
Preferred stock, par value $0.01 per share
 
 
 
Preferred stock authorized
5,000

 
5,000

 
 
 
 
Class A Common stock(1)(2)
 
 
 
Class A Common stock authorized
70,000

 
70,000

Treasury Stock
365

 

 
 
 
 
Class B Common stock(1)
 
 
 
Class B Common stock authorized
30,000

 
30,000

(1)    Class B Common converted to Class A Common were 345 shares during 2019 and 387 shares 2018.
(2)     The Company issued Class A Common shares of 169 during 2019 and 32 during 2018.
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes changes in accumulated other comprehensive income (loss) by component and related tax effects for periods shown:
 
Foreign Currency
Deferred Gain (Loss) on Cash Flow Hedging
Pension Plan Adjustment
Total
Balance, January 1, 2017
$
(8,623
)
$
616

$
(8,494
)
$
(16,501
)
Other comprehensive income (loss)
689

(456
)
2,446

2,679

Reclassification adjustment to net income

916

511

1,427

Tax effects

(568
)
(1,141
)
(1,709
)
Balance, December 31, 2017
$
(7,934
)
$
508

$
(6,678
)
$
(14,104
)
Reclassification due to adoption of ASU 2018-02

118

(1,286
)
(1,168
)
Other comprehensive income (loss)
(1,248
)
318

(2,583
)
(3,513
)
Reclassification adjustment to net income

213

823

1,036

Tax effects
83

(134
)
490

439

Balance, December 31, 2018
$
(9,099
)
$
1,023

$
(9,234
)
$
(17,310
)
Other comprehensive income (loss)
1,072

(2,343
)
1,882

611

Reclassification adjustment to net income

490

633

1,123

Tax effects
(50
)
489

(851
)
(412
)
Balance, December 31, 2019
$
(8,077
)
$
(341
)
$
(7,570
)
$
(15,988
)


Schedule of Earnings Per Share
The weighted average number of shares of Class A Common and Class B Common outstanding used to calculate basic and diluted earnings (loss) per share were as follows:
 
2019
 
2018
 
2017
Basic weighted average shares outstanding
13,690

 
13,699

 
13,673

Dilutive effect of share-based compensation awards
36

 
32

 
12

Diluted weighted average shares outstanding
13,726

 
13,731

 
13,685

 
 
 
 
 
 
Basic and diluted earnings (loss) per share:
 
 
 
 


Continuing operations
$
1.83


$
1.98


$
1.47

Discontinued operations
(2.09
)

(0.39
)

(0.16
)
Basic and diluted earnings (loss) per share
$
(0.26
)

$
1.59


$
1.31