Stockholders Equity

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Stockholders' Equity

Stockholders' Equity

Share Repurchase Program: In 2011, the Company announced that the Company's Board of Directors approved the repurchase of up to $50 million of the Company's outstanding Class A common stock. The authorization for the repurchase program originally was scheduled to expire on December 31, 2012; however, in November 2012 the Company's Board of Directors approved an extension of the stock repurchase program through December 31, 2013. As of June 30, 2013, the Company had repurchased 469,471 shares of Class A common stock for an aggregate purchase price of $26.8 million under this program. The weighted average purchase price per share and number of shares repurchased were $54.79 per share and 394,397 for the six months endedJune 30, 2013, respectively.

Amounts Reclassified out of Accumulated Other Comprehensive Income: The following table summarizes the amounts reclassified out of accumulated other comprehensive income ("AOCI") and recognized in the unaudited condensed consolidated statements of operations:

	Amount Reclassified from AOCI
Details about AOCI Components	Three Months Ended June 30, 2013			Six Months Ended June 30, 2013			Location of loss (gain) reclassified from AOCI into income
	(in thousands)
Loss (gain) on cash flow hedging
Foreign exchange contracts	$	(27	)	$	(17	)	Cost of sales
Interest rate contracts	228			460			Interest expense
	201			443			Total before income tax expense
	77			170			Income tax benefit
	$	124		$	273		Net of tax
Pension and postretirement plan
Actuarial loss	$	682		$	1,313		(a)
Prior-service credit	(55		)	(100		)	(a)
	627			1,213			Total before income tax expense
	264			408			Income tax benefit
	$	363		$	805		Net of tax
Total reclassifications for the period	$	487		$	1,078		Net of tax

(a) These accumulated other comprehensive income components are included in the computation of pension expense. See Note 13 for a discussion of the Company's pension expense.