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Changes in Shareholders' Equity
3 Months Ended
Mar. 31, 2024
Stockholders' Equity Note [Abstract]  
Changes in Shareholders’ Equity Changes in Shareholders’ Equity
The following table summarizes changes in Shareholders’ Equity for the period December 31, 2023 to March 31, 2024:
Class A
Common Stock
Additional paid-in capital
Retained 
earnings
Accumulated items of other comprehensive income
Class A
Treasury Stock
Noncontrolling Interest
Total Shareholders' Equity
(in thousands)
Shares
Amount
Shares
Amount
December 31, 202340,856 $41 $448,218 $1,010,942 $(133,168)9,662 $(364,665)$5,952 $967,320 
Net income— — — 27,291 — — — 78 27,369 
Compensation and benefits paid or payable in shares42 — 810 — — — — — 810 
Dividends declared on Class A Common Stock, $0.26 per share
— — — (8,122)— — — — (8,122)
Cumulative translation adjustments— — — — (12,116)— — 46 (12,070)
Pension and postretirement liability adjustments— — — — 382 — — — 382 
Derivative valuation adjustment— — — — (2,124)— — — (2,124)
March 31, 202440,898 $41 $449,028 $1,030,111 $(147,026)9,662 $(364,665)$6,076 $973,565 

The following table summarizes changes in Shareholders’ Equity for the period December 31, 2022 to March 31, 2023:
Class A
Common Stock
Additional paid-in capital
Retained 
earnings
Accumulated items of other comprehensive income
Class A
Treasury Stock
Noncontrolling Interest
Total 
Shareholders' Equity
(in thousands)
Shares
Amount
Shares
Amount
December 31, 202240,785 $41 $441,540 $931,318 $(144,927)9,675 $(364,923)$4,494 $867,543 
Net income— — — 26,889 — — — 197 27,086 
Compensation and benefits paid or payable in shares58 — 378 — — — — — 378 
Dividends declared on Class A Common Stock, $0.25 per share
— — — (7,792)— — — — (7,792)
Cumulative translation adjustments— — — — 13,881 — — 238 14,119 
Pension and postretirement liability adjustments— — — — (916)— — — (916)
Derivative valuation adjustment— — — — (2,902)— — — (2,902)
March 31, 202340,842 $41 $441,917 $950,415 $(134,864)9,675 $(364,923)$4,929 $897,515