Activity in shareholders' equity for 2009, 2010, and 2011 is presented below:

	Class A		Class B		Additional		Accumulated
	Common Stock		Common Stock		paid-in capital	Retained earnings	items of other comprehensive		Treasury Stock Class A
(in thousands)	Shares	Amount	Shares	Amount	Amount	Amount	income	Amount	Shares	Amount

Balance: January 1, 2009	35,245	35	3,236	3	363,918	428,497		(101,953)	8,523	(258,871)

Compensation and benefits paid or payable in shares	880	1	-	-	4,309	-		-	-	-
Options exercised	2	-	-	-	24	-		-	-
Shares issued to Directors	-	-	-	-	(220)	-		-	(26)	572
Management compensation plans	22	-	-	-	571	-		-	-	-
Stock option expense	-	-	-	-	70	-		-	-	-
Convertible notes purchased	-	-	-	-	(5,202)	-		-	-	-
Settlement of equity-related tax issues	-	-	-	-	19,204	-		-	-	-
Net (loss)	-	-	-	-	-	(33,458)		-	-	-
Dividends declared	-	-	-	-	-	(14,704)		-	-	-
Cumulative translation adjustments	-	-	-	-	-	-		38,363	-	-
Pension and postretirement liability adjustments	-	-	-	-	-	-		(18,546)	-	-
Balance: December 31, 2009	36,149	36	3,236	3	382,674	380,335		(82,136)	8,497	(258,299)

Compensation and benefits paid or payable in shares	263	-	-	-	3,170	-		-	-	-
Options exercised	7	-	-	-	576	-		-	-
Shares issued to Directors	-	-	-	-	(33)	-		-	(12)	268
Management compensation plans	23	-	-	-	1,489	-		-	-	-
Net income	-	-	-	-	-	37,636		-	-	-
Dividends declared	-	-	-	-	-	(14,923)		-	-	-
Cumulative translation adjustments	-	-	-	-	-	-		(10,208)	-	-
Pension and postretirement liability adjustments	-	-	-	-	-	-		(14,052)	-	-
Derivative valuation adjustment	-	-	-	-	-	-		(276)	-	-
Balance: December 31, 2010	36,442	$36	3,236	$3	$387,876	$403,048		($106,672)	8,485	($258,031)

Compensation and benefits paid or payable in shares	14	1	-	-	314	-		-	-	-
Options exercised	42	-	-	-	883	-		-	-
Shares issued to Directors	-	-	-	-	24	-		-	(5)	111
Management compensation plans	43		-	-	2,398	-		-	-	-
Net income	-	-	-	-	-	34,938		-	-	-
Dividends declared	-	-	-	-	-	(15,942)		-	-	-
Cumulative translation adjustments	-	-	-	-	-	-		(13,070)	-	-
Pension and postretirement liability adjustments	-	-	-	-	-	-		(17,749)	-	-
Derivative valuation adjustment	-	-	-	-	-	-		(2,318)	-	-
Balance: December 31, 2011	36,541	$37	3,236	$3	$391,495	$422,044		($139,809)	8,480	($257,920)