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Summary of Operations and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

For the twelve months ended December 31, 2016, 2015 and 2014, options and share grants outstanding totaling approximately 1.4 million shares, 1.4 million shares and 2.0 million shares have been excluded from the computation of diluted earnings per share because their effect was anti-dilutive.

 

 

Twelve Months Ended December 31,

 

 

2016

 

 

2015

 

 

2014

 

Earnings (numerator)

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common stockholders

$

15,935

 

 

$

24,274

 

 

$

63,678

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator)

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding (basic)

 

48,597

 

 

 

48,210

 

 

 

47,184

 

Dilutive effect of stock options and stock awards outstanding

 

1,192

 

 

 

1,290

 

 

 

1,410

 

Adjusted weighted average common shares outstanding (diluted)

 

49,789

 

 

 

49,500

 

 

 

48,594

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share attributable to common stockholders

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.33

 

 

$

0.50

 

 

$

1.35

 

Diluted

$

0.32

 

 

$

0.49

 

 

$

1.31

 

 

Component of Comprehensive Income

There is no income tax expense or benefit associated with each component of comprehensive income. As of December 31, the accumulated balance for each component of comprehensive income is as follows:

 

 

2016

 

 

2015

 

Unrealized foreign currency losses

$

(75,706

)

 

$

(36,164

)

Unrealized gain on interest rate swap, net of tax

$

2,317

 

 

$

-

 

Unrealized loss on defined benefit plan

$

(39,097

)

 

$

(31,320

)