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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2016
Accumulated Other Comprehensive Income Loss [Line Items]  
Changes in the Number of Ordinary Shares Outstanding and Treasury Shares Held by the Company

The changes in the number of ordinary shares outstanding and treasury shares held by the Company are as follows:

 

 

Three Months Ended March 31,

 

 

 

2016

 

 

2015

 

Ordinary shares outstanding

 

 

 

 

 

 

 

 

Beginning balance

 

 

239,016,924

 

 

 

237,809,823

 

Common stock issued

 

 

1,907,215

 

 

 

990,039

 

Purchase of common stock

 

 

(569,999

)

 

 

(300,553

)

Ending balance

 

 

240,354,140

 

 

 

238,499,309

 

 

 

 

 

 

 

 

 

 

Ordinary shares held as Treasury shares

 

 

 

 

 

 

 

 

Beginning balance

 

 

7,824,204

 

 

 

7,400,027

 

Purchase of common stock

 

 

569,999

 

 

 

300,553

 

Retirement of common stock

 

 

(373,776

)

 

 

-

 

Ending balance

 

 

8,020,427

 

 

 

7,700,580

 

 

 

 

 

 

 

 

 

 

Ordinary shares issued at the end of the period

 

 

248,374,567

 

 

 

246,199,889

 

 

Components of Accumulated Other Comprehensive Income (Loss) Included in Stockholders' Equity

The components of AOCI included in stockholders’ equity are as follows:  

 

 

March 31, 2016

 

 

December 31, 2015

 

 

 

(In thousands)

 

Foreign currency translation adjustments (“FCTA”)

 

$

(33,268

)

 

$

(29,925

)

Net unrealized gain on investments

 

 

252

 

 

 

247

 

Net loss on derivative financial instruments

 

 

(33,473

)

 

 

(64,277

)

Accumulated other comprehensive loss

 

$

(66,489

)

 

$

(93,955

)

 

Reclassifications [Member]  
Accumulated Other Comprehensive Income Loss [Line Items]  
Components of Accumulated Other Comprehensive Income (Loss) Included in Stockholders' Equity

The following table presents the components of AOCI and the amounts that were reclassified during the periods indicated:

 

 

Foreign currency translation adjustments

 

 

Unrealized holding gain (loss) on investments

 

 

Gain (loss) on derivative(1)

 

 

 

 

TOTAL

 

 

 

(In thousands)

 

Balance, January 1, 2015

 

$

(15,212

)

 

$

241

 

 

$

(82,837

)

 

 

 

$

(97,808

)

Other comprehensive income (loss) before reclassification

 

 

(2,042

)

 

 

12

 

 

 

(36,690

)

 

 

 

 

(38,720

)

Amounts reclassified from AOCI

 

 

-

 

 

 

-

 

 

 

19,838

 

 

(2)

 

 

19,838

 

Net current period other comprehensive income (loss)

 

 

(2,042

)

 

 

12

 

 

 

(16,852

)

 

 

 

 

(18,882

)

Balance, March 31, 2015

 

$

(17,254

)

 

$

253

 

 

$

(99,689

)

 

 

 

$

(116,690

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, January 1, 2016

 

$

(29,925

)

 

$

247

 

 

$

(64,277

)

 

 

 

$

(93,955

)

Other comprehensive income (loss) before

   reclassification

 

 

(3,343

)

 

 

5

 

 

 

20,534

 

 

 

 

 

17,196

 

Amounts reclassified from AOCI

 

 

-

 

 

 

-

 

 

 

10,270

 

 

(2)

 

 

10,270

 

Net current period other comprehensive income (loss)

 

 

(3,343

)

 

 

5

 

 

 

30,804

 

 

 

 

 

27,466

 

Balance, March 31, 2016

 

$

(33,268

)

 

$

252

 

 

$

(33,473

)

 

 

 

$

(66,489

)

 

 

(1)

Refer to Note 9 for additional details.

 

(2)

Reclassified to Cost of operations and Gain on foreign currency, net.