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Equity
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Equity

 

9. EQUITY

During the three and six months ended June 30, 2020, we repurchased 13,759 and 47,500 of our common shares for $0.2 million and $1.4 million, respectively. Included in this total were rights to 17,500 shares valued at $0.3 million, 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 46,849 and 59,205 treasury shares upon vesting of stock-based awards during the three and six months ended June 30, 2020, respectively.

In February and May 2020, we paid a quarterly dividend of $0.25 and $0.01 per share of common stock, respectively.

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

 

 

 

June 30,

2020

 

 

December 31,

2019

 

Unrecognized net actuarial loss

 

 

(5,640

)

 

 

(5,640

)

Fair value of derivatives, net of tax

 

 

(2,718

)

 

 

(690

)

Total accumulated other comprehensive loss

 

$

(8,358

)

 

$

(6,330

)