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Stockholders' Equity and Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes the amounts reclassified out of AOCI and recognized in the Consolidated Statement of Operations:

 
 
Amount reclassified from AOCI
 
Details about AOCI components
 
2015
 
2014
 
2013
Location of loss (gain) reclassified from AOCI into income
 
 
(In thousands)
 
Loss (gain) on cash flow hedging
 
 
 
 
 
 
 
Foreign exchange contracts
 
$
(860
)
 
$
(108
)
 
$
(213
)
Cost of sales
Interest rate contracts
 
1,460

 
1,495

 
460

Interest expense
 
 
600

 
1,387

 
247

Total before income tax expense
Tax effect
 
(191
)
 
(489
)
 
(95
)
Income tax expense (benefit)
 
 
$
409

 
$
898

 
$
152

Net of tax
 
 
 
 
 
 
 
 
Pension and postretirement plan
 
 
 
 
 
 
 
Actuarial loss
 
$
1,333

 
$
1,015

 
$
1,995

(a) 
Prior-service credit
 
(57
)
 
(75
)
 
(154
)
(a) 
 
 
1,276

 
940

 
1,841

Total before income tax expense
Tax effect
 
(420
)
 
(313
)
 
(740
)
Income tax expense (benefit)
 
 
$
856

 
$
627

 
$
1,101

Net of tax
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
1,265

 
$
1,525

 
$
1,253

Net of tax

(a) These AOCI components are included in the computation of pension expense. See Note 16 for a discussion of the Company's pension expense.
Schedule of earnings per share
The weighted average number of shares of Class A common stock and Class B common stock outstanding used to calculate basic and diluted earnings per share were as follows:
 
2015
 
2014
 
2013
Basic weighted average shares outstanding
7,001

 
7,590

 
8,105

Dilutive effect of restricted stock awards
21

 
N/A

 
19

Diluted weighted average shares outstanding
7,022

 
7,590

 
8,124

 
 
 
 
 
 
Basic earnings (loss) per share
$
3.14

 
$
(5.02
)
 
$
5.48

 
 
 
 
 
 
Diluted earnings (loss) per share
$
3.13

 
$
(5.02
)
 
$
5.47