Changes in Shareholders' Equity

3 Months Ended

Mar. 31, 2016

Stockholders' Equity Note [Abstract]

Changes in Shareholders' Equity

17. Changes in Shareholders’ Equity

The following table summarizes changes in Shareholders’ Equity:

(in thousands)	Common Stock Class A and B	Additional paid in capital	Retained earnings		Accumulated items of other comprehensive income/(loss)		Treasury stock		Noncontrolling Interest		Total Equity
December 31, 2015	$40	$423,108	$491,950		($158,844	)	($257,391	)	$3,690		$502,553
Net income	-	-	13,501		-		-		(185	)	13,316
Compensation and benefits paid or payable in shares	-	864	-		-		-		-		864
Options exercised	-	271	-		-		-		-		271
Dividends declared	-	-	(5,454	)	-		-		-		(5,454	)
Cumulative translation adjustments	-	-	-		13,114		-		(3	)	13,111
Pension and postretirement liability adjustments	-	-	-		(362	)	-		-		(362	)
Derivative valuation adjustment	-	-	-		(1,594	)	-		-		(1,594	)
March 31, 2016	$40	$424,243	$499,997		($147,686	)	($257,391	)	$3,502		$522,705