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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning Balance at Dec. 31, 2016 $ 3,084,038 $ 121 $ 2,074,094 $ 2,218,721 $ (666,403) $ (542,495)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 740,200 [1],[2]     740,200    
Other comprehensive income from currency exchange, net of tax 114,546       114,546  
Other comprehensive income, net of tax 114,546          
Acquisition of common stock (402,393)         (402,393)
Share-based compensation expense [3] 93,297   93,297      
Issuance of common stock 46,834 1 46,833      
Ending Balance at Dec. 31, 2017 3,676,522 122 2,214,224 2,958,921 (551,857) (944,888)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 811,483     811,483    
Other comprehensive income from currency exchange, net of tax (362,001)       (362,001)  
Other comprehensive income, net of tax (362,001)          
Acquisition of common stock (958,696)   (33,000)     (925,696)
Share-based compensation expense [3] 69,939   69,939      
Issuance of common stock 55,681 1 55,680      
Ending Balance at Dec. 31, 2018 3,340,180 123 2,306,843 3,817,656 (913,858) (1,870,584)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 895,073 [4],[5]     895,073    
Other comprehensive income, net of tax (58,607)       (58,607)  
Acquisition of common stock (694,909)   (42,000)     (652,909)
Share-based compensation expense 60,953   60,953      
Issuance of common stock 168,926 1 168,925      
Ending Balance at Dec. 31, 2019 $ 3,711,616 [6] $ 124 $ 2,494,721 $ 4,712,729 $ (972,465) $ (2,523,493)
[1] Reflects the impact of the Company's adoption of Accounting Standards Update 2016-18, Statement of Cash Flows (Topic 230), which was adopted by the Company on January 1, 2018 and applied retrospectively to results for 2017. The adoption of Topic 230 resulted in the statement of cash flows presenting the changes in the total of cash, cash equivalents and restricted cash. As a result, the Company will no longer present transfers between cash and cash equivalents and restricted cash in the statement of cash flows.
[2] The Company applied the modified retrospective transition method when adopting ASC 606, therefore the Company's 2017 prior period results were not restated to reflect ASC 606.
[3] Comparable disclosure provided to align with 2019 presentation. Activity previously included with issuance of common stock.
[4] Reflects the impact of the Company's adoption of ASU 2016-02 "Leases", on January 1, 2019 using the modified retrospective transition method. The adoption of the Leases guidance resulted in an adjustment to other assets, other current liabilities and other noncurrent liabilities in our consolidated balance sheet for the cumulative effect of applying the standard. Financial results reported in periods prior to 2019 are unchanged.
[5] Reflects the impact of the Company's adoption of ASU 2016-02 "Leases", on January 1, 2019, using a modified retrospective transition method. Under this method, financial results reported in periods prior to 2019 are unchanged. Refer to footnote 14.
[6] Reflects the impact of the Company's adoption of ASU 2016-02 "Leases", on January 1, 2019, using a modified retrospective transition method. Under this method, financial results reported in periods prior to 2019 are unchanged. Refer to footnote 14.