Changes in Shareholders' Equity

6 Months Ended

Jun. 30, 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	-	-	23,868		-		-		(451	)	23,417
Compensation and benefits paid or payable in shares	-	1,152	-		-		-		-		1,152
Options exercised	-	495	-		-		-		-		495
Shares issued to Directors'	-	166	-		-		214		-		380
Dividends declared	-	-	(10,911	)	-		-		-		(10,911	)
Cumulative translation adjustments	-	-	-		2,393		-		(1	)	2,392
Pension and postretirement liability adjustments	-	-	-		361		-		-		361
Derivative valuation adjustment	-	-	-		(4,245	)	-		-		(4,245	)
June 30, 2016	$40	$424,921	$504,907		($160,335	)	($257,177	)	$3,238		$515,594