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EQUITY
9 Months Ended
Sep. 30, 2014
Stockholders' Equity Note [Abstract]  
EQUITY
EQUITY
Changes in equity for the nine months ended September 30, 2014 are as follows:
 
Shareholders’
Equity
 
Non-controlling
Interests
 
Total Equity
Balance, December 31, 2013
$
1,526,602

 
$
4,086

 
$
1,530,688

Comprehensive income (loss):
 

 
 

 
 

Net income (loss)
179,474

 
(929
)
 
178,545

Other comprehensive (loss) income
(42,838
)
 
765

 
(42,073
)
Total comprehensive income (loss)
136,636

 
(164
)
 
136,472

 
 
 
 
 
 
Cash dividends declared - $0.69 per share
(54,646
)
 

 
(54,646
)
Issuance of shares under benefit plans
15,634

 

 
15,634

Purchase of shares for treasury
(249,403
)
 

 
(249,403
)
Transactions with non-controlling interests
(1,484
)
 
(782
)
 
(2,266
)
Balance, September 30, 2014
$
1,373,339

 
$
3,140

 
$
1,376,479

Changes in equity for the nine months ended September 30, 2013 are as follows:
 
Shareholders’
Equity
 
Non-controlling
Interests
 
Total Equity
Balance, December 31, 2012
$
1,342,373

 
$
15,948

 
$
1,358,321

Comprehensive income (loss):
 

 
 

 
 

Net income (loss)
205,456

 
(1,834
)
 
203,622

Other comprehensive (loss) income
(1,030
)
 
65

 
(965
)
Total comprehensive income (loss)
204,426

 
(1,769
)
 
202,657

 
 
 
 
 
 
Cash dividends declared - $0.60 per share
(49,353
)
 

 
(49,353
)
Issuance of shares under benefit plans
30,835

 

 
30,835

Purchase of shares for treasury
(113,641
)
 

 
(113,641
)
Balance, September 30, 2013
$
1,414,640

 
$
14,179

 
$
1,428,819