Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2015

Equity [Abstract]

Schedule of cash dividends declared per common share

Cash dividends declared per common share for the three months ended March 31, 2015 and 2014, were as follows:

	Three months ended March 31,
	2015		2014
Cash dividends declared and paid per common share	$	0.53	$	0.48

Schedule of reconciliation of weighted average number of shares

A reconciliation of these amounts is as follows (in thousands):

	Three months ended March 31,
	2015	2014
Weighted average number of common shares outstanding	66,137	65,557
Director Plan and deferred stock units	205	201
ESOP	87	75
Common shares outstanding—basic	66,429	65,833
Dilutive effect of Option Plans and Omnibus Plan	1,717	2,125
Common and potential common shares outstanding—diluted	68,146	67,958

Schedule of changes in accumulated other comprehensive income (loss) balances

Changes in the accumulated other comprehensive loss balance is as follows (in thousands):

	Foreign Currency Items			Cash Flow Hedging Derivatives			Accumulated Other Comprehensive Loss
Balance as of December 31, 2014	$	(25,789	)	$	(1,452	)	$	(27,241	)
Reclassification to the income statement	—			392			392
Change in fair value	(30,156		)	1,180			(28,976		)
Balance as of March 31, 2015	$	(55,945	)	$	120		$	(55,825	)

Schedule of gains and losses, net of tax, reclassified from accumulated other comprehensive income into the income statement for cash flow derivatives designated as hedging instruments

The table below provides data about the amount of gains and losses, net of tax, reclassified from accumulated other comprehensive loss into the income statement for cash flow derivatives designated as hedging instruments for the three months ended March 31, 2015 and 2014 (in thousands):

Derivatives in Cash Flow Hedging Relationships	Location of (Gain) Loss Reclassified from Accumulated OCI into Income	Three months ended March 31,
		2015			2014
Foreign currency contracts	Other expense (income), net	$	504		$	(410	)
Foreign currency contracts	Cost of sales	(896		)	102
Total		$	(392	)	$	(308	)