Changes in Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2026

Stockholders' Equity Note [Abstract]

The following tables summarize changes in Shareholders’ Equity for the three month period ended March 31, 2026:


	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
	Shares	Amount									Shares					Amount
December 31, 2025	40,989	$	41		$	460,472	$	976,373	$	(143,538)	12,686	$	(567,139)	$	5,893	$	732,102
Net income/(loss)	—	—			—		15,281		—		—	—		168		15,449
Stock issued under incentive compensation plans	52	—			—		—		—		—	—		—		—
Taxes paid in lieu of share issuance	—	—			(1,303)		—		—		—	—		—		(1,303)
Stock-based compensation	—	—			1,460		—		—		—	—		—		1,460




Dividends declared on Class A Common Stock, $0.28 per share	—	—			—		(7,939)		—		—	—		—		(7,939)




Cumulative translation adjustments	—	—			—		—		(5,206)		—	—		(47)		(5,253)
Pension and postretirement liability adjustments	—	—			—		—		584		—	—		—		584

Derivative valuation adjustment and other	—	—			—		(11)		326		—	—		—		315
March 31, 2026	41,041	$	41		$	460,629	$	983,704	$	(147,834)	12,686	$	(567,139)	$	6,014	$	735,415

The following table summarizes changes in Shareholders’ Equity for the three month period ended March 31, 2025:


	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, 2024	40,917	$	41		$	452,933	$	1,065,763	$	(195,989)	9,845	$	(379,210)	$	5,409	$	948,947
Net income/(loss)	—	—			—		17,355		—		—	—		(6)		17,349
Compensation and benefits paid or payable in shares	56	—			2,651		—		—		—	—		—		2,651

Purchase of Treasury shares (a)	—	—			—		—		—		925	(69,153)		—		(69,153)

Dividends declared on Class A Common Stock, $0.27 per share	—	—			—		(8,262)		—		—	—		—		(8,262)
Dividends paid to noncontrolling interests	—	—			—		—		—		—	—		(88)		(88)


Cumulative translation adjustments	—	—			—		—		17,136		—	—		(122)		17,014
Pension and postretirement liability adjustments	—	—			—		—		(2,662)		—	—		—		(2,662)

Derivative valuation adjustment	—	—			—		7		(635)		—	—		—		(628)
March 31, 2025	40,973	$	41		$	455,584	$	1,074,863	$	(182,150)	10,770	$	(448,363)	$	5,193	$	905,168

(a)On February 21, 2025, the Company's Board of Directors authorized the Company to repurchase shares up to $250 million (excluding any fees, commissions, taxes or other expenses related to such purchases), which replaces the 2021 authorization.