EQUITY

The following table shows the change in equity attributable to Knoll, Inc. stockholders and noncontrolling interests during the three months ended March 31, 2019 (in millions and excludes share information):



	Common Stock		Additional Paid-In Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Total Knoll, Inc. Stockholders' Equity			Noncontrolling Interests			Total Equity
Balance at December 31, 2018	$	0.5	$	58.8		$	395.4		$	(68.4	)	$	386.3		$	0.2		$	386.5
Net earnings	—		—			18.0			—			18.0			—			18.0
Other comprehensive (loss) income	—		—			—			(3.6		)	(3.6		)	—			(3.6		)
Stock-based compensation, net of forfeitures	—		2.2			—			—			2.2			—			2.2
Cash dividend ($0.15 per share)	—		—			(7.5		)	—			(7.5		)	—			(7.5		)
Purchase of common stock (141,738 shares)	—		(3.0		)	—			—			(3.0		)	—			(3.0		)
Other	—		0.4			—			—			0.4			(0.2		)	0.2
Balance at March 31, 2019	$	0.5	$	58.4		$	405.9		$	(72.0	)	$	392.8		$	—		$	392.8

The following table demonstrates the change in the number of shares of common stock outstanding during the three months ended March 31, 2019 (table in thousands and excluding non-voting restricted shares):



Shares outstanding as of December 31, 2018		48,706
Shares issued under stock incentive plan, net of awards surrendered to pay applicable taxes		138
Shares issued to Board of Directors in lieu of cash		1
Shares outstanding as of March 31, 2019		48,845

The following table shows the change in equity attributable to Knoll, Inc. stockholders and noncontrolling interests during the three months ended March 31, 2018 (in millions and excludes share information):



	Common Stock		Additional Paid-In Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Total Knoll, Inc. Stockholders' Equity			Noncontrolling Interests		Total Equity
Balance at December 31, 2017	$	0.5	$	54.5		$	347.3		$	(43.8	)	$	358.5		$	0.3	$	358.8
Adoption of ASU 2018-02	—		—			6.3			(6.3		)	—			—		—
Net earnings	—		—			15.3			—			15.3			—		15.3
Other comprehensive (loss) income	—		—			—			(0.8		)	(0.8		)	—		(0.8		)
Stock-based compensation, net of forfeitures	—		2.4			—			—			2.4			—		2.4
Cash dividend ($0.15 per share)	—		—			(7.3		)	—			(7.3		)	—		(7.3		)
Purchase of common stock (95,412 shares)	—		(2.0		)	—			—			(2.0		)	—		(2.0		)
Balance at March 31, 2018	$	0.5	$	54.9		$	361.5		$	(50.8	)	$	366.1		$	0.3	$	366.4

The following table demonstrates the change in the number of shares of common stock outstanding during the three months ended March 31, 2018 (table in thousands and excluding non-voting restricted shares):



Shares outstanding as of December 31, 2017		48,498
Shares issued under stock incentive plan, net of awards surrendered to pay applicable taxes		108
Shares issued to Board of Directors in lieu of cash		1
Shares outstanding as of March 31, 2018		48,607