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Stockholders' Equity
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Stockholders' Equity
10. Stockholders’ Equity

The following table reconciles the beginning and end of the period equity accounts attributable to Cooper Tire & Rubber Company and to the noncontrolling shareholders’ interests:

 

           Total Equity  
                 Noncontrolling        
     Redeemable     Total     Shareholder        
     Noncontrolling     Parent     Interest in     Total  
     Shareholder     Stockholders’     Consolidated     Stockholders’  
     Interest     Equity     Subsidiary     Equity  

Balance at December 31, 2013

   $ —        $ 990,866      $ 166,759      $ 1,157,625   

Reclassification of redeemable noncontrolling shareholder interest

     152,250        (28,285     (123,965     (152,250

Net income

     17,173        131,315        2,635        133,950   

Other comprehensive income

     (988     10,342        (1,066     9,276   

Accelerated stock repurchase program

       (200,000       (200,000

Dividends payable to noncontrolling shareholders

     —          —          (2,570     (2,570

Stock compensation plans, including tax benefit of $234

     —          8,724        —          8,724   

Cash dividends—$.315 per share

     —          (19,432     —          (19,432
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at September 30, 2014

   $ 168,435      $ 893,530      $ 41,793      $ 935,323