XML 51 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The following table provides changes to the opening balances of current assets, total assets, current liabilities and total liabilities resulting from the adoption of the new guidance.
(In thousands)
 
December 31, 2017
 
Impact of
Adoption
 
January 1, 2018
Current assets
 
$
1,879,850

 
$
3,658

 
$
1,883,508

Total assets
 
5,032,985

 
19,899

 
5,052,884

Current liabilities
 
744,102

 
835

 
744,937

Total liabilities
 
4,650,436

 
7,115

 
4,657,551

Schedule of Weighted Average Number of Shares
The following is a reconciliation between basic and diluted weighted average shares outstanding:
(In thousands)
Years Ended December 31,
2018
 
2017
 
2016
Basic weighted average shares outstanding
58,066

 
64,905

 
71,746

Effect of dilution:
 
 
 
 
 
Stock options
15

 
1

 
13

Restricted stock units
866

 
719

 
651

Diluted weighted average shares outstanding
58,947

 
65,625

 
72,410

Schedule of Stock by Class
 
Shares Outstanding
(In thousands)
Class A 
Common Stock
 
Class B 
Common Stock
Balance at December 31, 2015
60,910

 
11,484

Share repurchases
(4,120
)
 

Employee and non-employee director stock transactions*
289

 

Balance at December 31, 2016
57,079

 
11,484

Share repurchases
(7,790
)
 

Employee and non-employee director stock transactions*
312

 

Balance at December 31, 2017
49,601

 
11,484

Share repurchases
(5,386
)
 

Employee and non-employee director stock transactions*
534

 

Balance at December 31, 2018
44,749

 
11,484

*Reflects common stock activity in connection with restricted stock units and stock options granted to employees, as well as in connection with the fulfillment of employees' statutory tax withholding obligations for applicable income and other employment taxes and forfeited employee restricted stock units.