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Subsequent Events Subsequent Events
12 Months Ended
Dec. 31, 2018
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
Dividend
On February 6, 2019, the Company's Board of Directors declared a cash dividend of $0.25 per share on its Class A Common Stock and Class B Common Stock, payable on March 21, 2019 to shareholders of record as of March 5, 2019.

Öhlins Racing A.B Acquisition
On January 10, 2019, the Company closed on its acquisition of Öhlins Racing A.B. (“Öhlins”), a Swedish technology company that develops premium suspension systems and components for the automotive and motorsport industries. The purchase price was approximately $160 million. The agreement to acquire Öhlins was signed and announced on November 15, 2018. Given the timing of the acquisition, the Company is in the process of completing the preliminary purchase accounting.
 

(The preceding notes are an integral part of the foregoing consolidated financial statements.)