XML 43 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2018
Shareholders' Equity [Abstract]  
Changes in Common Stock Outstanding and Additional Paid-in-Capital
Changes in common stock outstanding and additional paid-in-capital are as follows:


               
Additional
 
    
Class A
     
Class B
    
Paid-in
 
  
Shares
   
Amount
  
Shares
  
Amount
  
Capital
 
Balance at December 31, 2017
  
2,623,109
 
 
 
$
112
   
12,423,518
 
 
$
530
  
$
55,078
 
   Restricted stock grants
  
-
 
 
  
-
   
10,128
 
  
-
   
901
 
   Repurchase of common shares
  
(300
)
   
-
   
(54,085
   
(2
)
  
(234
)
Balance at June 30, 2018
  
2,622,809
   
$
112
   
12,379,561
  
$
528
  
$
55,745
 
Change in Equity
The change in equity for the six months ended June 30, 2018 was as follows:


  
Total equity
 
Balance at December 31, 2017
 
$
418,811
 
Net income
  
2,817
 
Other comprehensive loss
  
(5,558
)
Cash dividends paid to shareholders
  
(8,456
)
Restricted stock grants
  
901
 
Repurchase of common shares
  
(1,280
)
Balance at June 30, 2018
 
$
407,235
 


The change in equity for the six months ended June 30, 2017 was as follows:


  
Total equity
 
Balance at December 31, 2016
 
$
404,345
 
Net income
  
(5,588
)
Other comprehensive income
  
9,268
 
Cash dividends paid to shareholders
  
(8,174
)
Restricted stock grants
  
920
 
Balance at June 30, 2017
 
$
400,771
 
Changes in Accumulated Other Comprehensive Income (Loss) by Component
The following table illustrates changes in accumulated other comprehensive income (loss) by component for the six months ended June 30, 2018:

     
Unrealized
    
     
holding gains on
    
  
Foreign
  
available-for-sale
    
  
Currency
  
securities
  
Total
 
          
Beginning balance at December 31, 2017
 
$
(309
)
 
$
46,700
  
$
46,391
 
             
Cumulative effect of adoption of
            
      ASU 2016-01, net of tax
  
-
   
(46,157
)
  
(46,157
)
             
Balance at January 1, 2018
  
(309
)
  
543
   
234
 
             
Cumulative effect of adoption of
            
      ASU 2018-02
  
-
   
117
   
117
 
   Other comprehensive loss
            
      before reclassifications
  
(411
)
  
(4,050
)
  
(4,461
)
   Amounts reclassified from
            
      accumulated other
            
      comprehensive income (loss)
  
-
   
(1,097
)
  
(1,097
)
             
Net current-period other
            
   comprehensive loss
  
(411
)
  
(5,147
)
  
(5,558
)
             
Ending balance at June 30, 2018
 
$
(720
)
 
$
(4,487
)
 
$
(5,207
)


The following table illustrates changes in accumulated other comprehensive income by component for the six months ended June 30, 2017:

     
Unrealized
    
     
holding gains on
    
  
Foreign
  
available-for-sale
    
  
Currency
  
securities
  
Total
 
          
Beginning balance
 
$
(831
)
 
$
34,051
  
$
33,220
 
             
   Other comprehensive income
            
      before reclassifications
  
453
   
11,137
   
11,590
 
             
   Amounts reclassified from
            
      accumulated other
            
      comprehensive income (loss)
  
-
   
(2,322
)
  
(2,322
)
             
Net current-period other
            
   comprehensive income
  
453
   
8,815
   
9,268
 
             
Ending balance
 
$
(378
)
 
$
42,866
  
$
42,488