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Equity
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Equity

10. EQUITY

During the three and nine months ended September 30, 2019, we repurchased 8,397 and 24,453 of our common shares for $0.4 million and $1.5 million, respectively, which were surrendered to us pursuant to the terms of a stock-based compensation plan in consideration of the participants' tax burdens that may result from the issuance of common shares under that plan. Such common shares, unless canceled, may be reissued for a variety of purposes such as future acquisitions, non-employee director stock awards or employee stock awards. We distributed 28,452 and 82,460 treasury shares upon vesting of stock-based awards during the three and nine months ended September 30, 2019.

In February, May and August 2019, we paid a quarterly dividend of $0.55 per share of common stock. In addition, on October 8, 2019, we declared a quarterly dividend of $0.55 per share of common stock for shareholders of record on October 18, 2019 and payable on November 19, 2019.

Accumulated other comprehensive loss consisted of the following (in thousands):

 

 

 

September 30,

2019

 

 

December 31,

2018

 

Prior service cost

 

$

537

 

 

$

593

 

Unrecognized net actuarial loss

 

 

(6,210

)

 

 

(6,243

)

Fair value of derivatives, net of tax

 

 

(931

)

 

 

194

 

Total accumulated other comprehensive loss

 

$

(6,604

)

 

$

(5,456

)