XML 51 R36.htm IDEA: XBRL DOCUMENT v3.19.2
Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
The tables below present the condensed consolidated statement of stockholders’ equity as of and for the three and six months ended June 30, 2019 and 2018 (in thousands):
 
 
Ordinary Shares
 
Ordinary Shares - Amount
 
Additional Paid-In Capital
 
Treasury Stock
 
Accumulated Other Comprehensive (Loss) Income
 
Retained Deficit
 
Total Stockholders' Equity
March 31, 2019
 
49,329

 
$
76,151

 
$
1,707,117

 
$
(1,321
)
 
$
(28,713
)
 
$
(266,428
)
 
$
1,486,806

Stock-based compensation plans
 
51

 
66

 
10,103

 
29

 
—

 
—

 
10,198

Net loss
 
—

 
—

 
—

 
—

 
—

 
(29,215
)
 
(29,215
)
Other comprehensive income
 
—

 
—

 
—

 
—

 
15,539

 
—

 
15,539

June 30, 2019
 
49,380

 
$
76,217

 
$
1,717,220

 
$
(1,292
)
 
$
(13,174
)
 
$
(295,643
)
 
$
1,483,328

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2018
 
48,628

 
$
75,224

 
$
1,738,044

 
$
(375
)
 
$
54,910

 
$
(48,821
)
 
$
1,818,982

Stock-based compensation plans
 
33

 
45

 
6,218

 
266

 
—

 
—

 
6,529

Net income
 
—

 
—

 
—

 
—

 
—

 
15,066

 
15,066

Other comprehensive loss
 
—

 
—

 
—

 
—

 
(57,543
)
 
—

 
(57,543
)
June 30, 2018
 
48,661

 
$
75,269

 
$
1,744,262

 
$
(109
)
 
$
(2,633
)
 
$
(33,755
)
 
$
1,783,034

 
 
Ordinary Shares
 
Ordinary Shares - Amount
 
Additional Paid-In Capital
 
Treasury Stock
 
Accumulated Other Comprehensive (Loss) Income
 
Retained Deficit
 
Total Stockholders' Equity
December 31, 2018
 
49,323

 
$
76,144

 
$
1,705,111

 
$
(1,462
)
 
$
(24,476
)
 
$
(251,579
)
 
$
1,503,738

Stock-based compensation plans
 
57

 
73

 
12,109

 
170

 
—

 
—

 
12,352

Net loss
 
—

 
—

 
—

 
—

 
—

 
(44,064
)
 
(44,064
)
Other comprehensive income
 
—

 
—

 
—

 
—

 
11,302

 
—

 
11,302

June 30, 2019
 
49,380

 
$
76,217

 
$
1,717,220

 
$
(1,292
)
 
$
(13,174
)
 
$
(295,643
)
 
$
1,483,328

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
48,290

 
$
74,750

 
$
1,735,048

 
$
(133
)
 
$
45,313

 
$
(39,664
)
 
$
1,815,314

Adoption of ASU No. 2016-16
 
—

 
—

 
—

 
—

 
—

 
(22,430
)
 
(22,430
)
Share issuances
 
300

 
422

 
—

 
(422
)
 
—

 
—

 
—

Stock-based compensation plans
 
71

 
97

 
9,214

 
446

 
—

 
—

 
9,757

Net income
 
—

 
—

 
—

 
—

 
—

 
28,339

 
28,339

Other comprehensive loss
 
—

 
—

 
—

 
—

 
(47,946
)
 
—

 
(47,946
)
June 30, 2018
 
48,661

 
$
75,269

 
$
1,744,262

 
$
(109
)
 
$
(2,633
)
 
$
(33,755
)
 
$
1,783,034
Schedule of Accumulated Other Comprehensive Income (Loss)
The table below presents the change in each component of AOCI, net of tax, and the reclassifications out of AOCI into net income for the six months ended June 30, 2019 and 2018 (in thousands):
 
 
Change in Unrealized Gain (Loss) on Derivatives
 
Foreign Currency Translation Adjustments Gain (Loss) (1)
 
Total
As of December 31, 2018
 
$
(944
)
 
$
(23,532
)
 
$
(24,476
)
Other comprehensive income before reclassifications, before tax
 
1,622

 
11,147

 
12,769

Tax expense
 
(390
)
 
—

 
(390
)
Other comprehensive income before reclassifications, net of tax
 
1,232

 
11,147

 
12,379

Reclassification of gain from accumulated other comprehensive income (loss), before tax
 
(1,417
)
 
—

 
(1,417
)
Reclassification of tax expense
 
340

 
—

 
340

Reclassification of gain from accumulated other comprehensive income (loss), after tax
 
(1,077
)
 
—

 
(1,077
)
Net current-period other comprehensive gain, net of tax
 
155

 
11,147

 
11,302

As of June 30, 2019
 
$
(789
)
 
$
(12,385
)
 
$
(13,174
)
 
 
 
 
 
 
 
As of December 31, 2017
 
$
(919
)
 
$
46,232

 
$
45,313

Other comprehensive income (loss) before reclassifications, before tax
 
189

 
(38,590
)
 
(38,401
)
Tax expense
 
(45
)
 
—

 
(45
)
Other comprehensive income (loss) before reclassifications, net of tax
 
144

 
(38,590
)
 
(38,446
)
Reclassification of gain from accumulated other comprehensive income (loss), before tax
 
(645
)
 
(9,011
)
(2) 
(9,656
)
Reclassification of tax expense
 
156

 
—

 
156

Reclassification of gain from accumulated other comprehensive income (loss), after tax
 
(489
)
 
(9,011
)
 
(9,500
)
Net current-period other comprehensive loss, net of tax
 
(345
)
 
(47,601
)
 
(47,946
)
As of June 30, 2018
 
$
(1,264
)
 
$
(1,369
)
 
$
(2,633
)
(1)
Taxes are not provided for foreign currency translation adjustments as translation adjustments are related to earnings that are intended to be reinvested in the countries where earned.
(2)
Cumulative foreign currency translation adjustments eliminated upon the sale of CRM.