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Stockholders' Equity and Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
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
 
2016
 
2015
 
2014
Location of loss (gain) reclassified from AOCI into income
 
 
(In thousands)
 
Loss (gain) on cash flow hedging
 
 
 
 
 
 
 
Foreign exchange contracts
 
$
(11
)
 
$
(860
)
 
$
(108
)
Cost of sales
Interest rate contracts
 
1,187

 
1,460

 
1,495

Interest expense
 
 
1,176

 
600

 
1,387

Total before income tax expense
Tax effect
 
(419
)
 
(191
)
 
(489
)
Income tax benefit
 
 
$
757

 
$
409

 
$
898

Net of tax
 
 
 
 
 
 
 
 
Pension and postretirement plan
 
 
 
 
 
 
 
Actuarial loss
 
$
1,145

 
$
1,333

 
$
1,015

(a) 
Prior-service credit
 
(49
)
 
(57
)
 
(75
)
(a) 
 
 
1,096

 
1,276

 
940

Total before income tax expense
Tax effect
 
(408
)
 
(420
)
 
(313
)
Income tax benefit
 
 
$
688

 
$
856

 
$
627

Net of tax
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
1,445

 
$
1,265

 
$
1,525

Net of tax

(a) These AOCI components are included in the computation of pension and postretirement expense. See Note 15 for a discussion of the Company's pension and postretirement 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:
 
2016
 
2015
 
2014
Basic weighted average shares outstanding
6,818

 
7,001

 
7,590

Dilutive effect of restricted stock awards
36

 
21

 
N/A

Diluted weighted average shares outstanding
6,854

 
7,022

 
7,590

 
 
 
 
 
 
Basic earnings (loss) per share
$
4.34

 
$
3.14

 
$
(5.02
)
 
 
 
 
 
 
Diluted earnings (loss) per share
$
4.32

 
$
3.13

 
$
(5.02
)