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STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Class A common stock
Class B common stock
Common stock
Class A common stock
Common stock
Class B common stock
Additional paid-in-capital
Accumulated other comprehensive (loss) income
Retained earnings
Retained earnings
Class A common stock
Retained earnings
Class B common stock
Treasury stock
Deferred compensation
Beginning balance at Dec. 31, 2018 $ 973,672     $ 1,992 $ 178 $ 16,459 $ (130,284) $ 2,231,417     $ (1,157,625) $ 11,535
Increase (decrease) in shareholders' equity                        
Net income 75,311             75,311        
Other comprehensive (loss) income 6,710           6,710          
Dividends declared:   $ (41,570) $ (343)           $ (41,570) $ (343)    
Net purchase of treasury stock [1] 24         24         0  
Deferred compensation 0                   (1,154) 1,154
Ending balance at Mar. 31, 2019 1,013,804     1,992 178 16,483 (123,574) 2,264,815     (1,158,779) 12,689
Beginning balance at Dec. 31, 2019 1,133,253     1,992 178 16,483 (116,868) 2,377,558     (1,158,910) 12,820
Increase (decrease) in shareholders' equity                        
Net income 59,326             59,326        
Other comprehensive (loss) income (29,576)           (29,576)          
Dividends declared:   $ (44,572) $ (368)           $ (44,572) $ (368)    
Net purchase of treasury stock [1] 4         4         0  
Deferred compensation 0                   (772) 772
Ending balance at Mar. 31, 2020 $ 1,116,992     $ 1,992 $ 178 $ 16,487 $ (146,444) $ 2,390,869     $ (1,159,682) $ 13,592
[1] Net purchases of treasury stock in 2020 and 2019 include the repurchase of our Class A common stock in the open market that were subsequently distributed to satisfy stock based compensation awards. See Note 11, "Capital Stock".