| 1997 | 1996 | 1995 | |
| (In thousands of dollars) | |||
| Capital Stock | |||
| Class A common stock | |||
| Balance at beginning of year | $36,527 | $36,512 | $36,507 |
| Conversions from Class B | 11 | 15 | 5 |
| Balance at end of year | 36,538 | 36,527 | 36,512 |
| Class B common stock | |||
| Balance at beginning of year | 3,589 | 3,604 | 3,609 |
| Conversions to Class A | (11) | (15) | (5) |
| Balance at end of year | 3,578 | 3,589 | 3,604 |
| Treasury Stock | |||
| Balance at beginning of year | (6,197) | (6,327) | (6,186) |
| Exercise of stock options | (88) | 61 | (184) |
| Restricted stock awards | 71 | 69 | 43 |
| Balance at end of year | (6,214) | (6,197) | (6,327) |
| Paid-in Capital | |||
| Balance at beginning of year | 8,265 | 7,215 | 5,868 |
| Exercise of stock options | 2,225 | 476 | 977 |
| Restricted stock awards | 490 | 574 | 370 |
| Balance at end of year | 10,980 | 8,265 | 7,215 |
| Earnings Invested in the Business | |||
| Balance at beginning of year | 474,715 | 435,100 | 391,718 |
| Net earnings | 80,780 | 73,009 | 69,491 |
| Cash dividends | (33,150) | (31,579) | (29,638) |
| Equity adjustment for foreign currency translation; cumulative charge of $7,092 in 1997; cumulative credit of $306 in 1996 and $2,121 in 1995 | (7,398) | (1,815) | 3,529 |
| Balance at end of year | 514,947 | 474,715 | 435,100 |
| Stockholders' Equity at end of year | $559,829 | $516,899 | $476,104 |
|
See accompanying Notes to Financial Statements. |
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