STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2017

STOCKHOLDERS' EQUITY

Components of accumulated other comprehensive loss

	March 31		December 31
	2017		2016
	(in thousands)
Pre-tax amounts:
Unrecognized net periodic benefit costs	$	(28,737)	$	(29,320)
Interest rate swap		(319)		(542)
Foreign currency translation		(1,783)		(1,978)
Total	$	(30,839)	$	(31,840)
After-tax amounts:
Unrecognized net periodic benefit costs	$	(21,530)	$	(21,886)
Interest rate swap		(194)		(329)
Foreign currency translation		(1,083)		(1,202)
Total	$	(22,807)	$	(23,417)

Summary of changes in accumulated other comprehensive loss, net of tax, by component

			Unrecognized			Interest	Foreign
			Net Periodic			Rate	Currency
	Total		Benefit Costs			Swap	Translation
	(in thousands)
Balances at December 31, 2016	$	(23,417)	$	(21,886)	$	(329)	$	(1,202)
Other comprehensive income (loss) before reclassifications		(1,217)		(1,471)		135		119
Amounts reclassified from accumulated other comprehensive loss		1,827		1,827		—		—
Net current-period other comprehensive income		610		356		135		119
Balances at March 31, 2017	$	(22,807)	$	(21,530)	$	(194)	$	(1,083)
Balances at December 31, 2015	$	(27,496)	$	(25,497)	$	(545)	$	(1,454)
Other comprehensive income (loss) before reclassifications		(3,466)		(3,504)		(546)		584
Amounts reclassified from accumulated other comprehensive loss		1,235		1,235		—		—
Net current-period other comprehensive income (loss)		(2,231)		(2,269)		(546)		584
Balances at March 31, 2016	$	(29,727)	$	(27,766)	$	(1,091)	$	(870)

Summary of the significant reclassifications out of accumulated other comprehensive loss by component

	Unrecognized Net Periodic
	Benefit Costs(1)(2)
	Three Months Ended March 31
	2017		2016
	(in thousands)
Amortization of net actuarial loss	$	(1,079)	$	(1,169)
Amortization of prior service credit		47		47
Pension settlement expense		(1,957)		(900)
Total, pre-tax		(2,989)		(2,022)
Tax benefit		1,162		787
Total, net of tax	$	(1,827)	$	(1,235)

⁽¹⁾ Amounts in parentheses indicate increases in expense or loss.

⁽²⁾ These components of accumulated other comprehensive loss are included in the computation of net periodic benefit cost (see Note F).

Summary of dividends declared

	2017				2016
	Per Share		Amount		Per Share		Amount
	(in thousands, except per share data)
First quarter	$	0.08	$	2,066	$	0.08	$	2,088