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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 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:

 

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

Shares outstanding

 

 

 

 

 

 

 

 

Beginning balance

 

 

239,016,924

 

 

 

237,809,823

 

Common stock issued

 

 

3,304,808

 

 

 

1,672,923

 

Purchase of common stock

 

 

(933,455

)

 

 

(465,822

)

Ending balance

 

 

241,388,277

 

 

 

239,016,924

 

 

 

 

 

 

 

 

 

 

Shares held as Treasury shares

 

 

 

 

 

 

 

 

Beginning balance

 

 

7,824,204

 

 

 

7,400,027

 

Purchase of common stock

 

 

933,455

 

 

 

465,822

 

Retirement of common stock

 

 

(455,655

)

 

 

(41,645

)

Ending balance

 

 

8,302,004

 

 

 

7,824,204

 

 

 

 

 

 

 

 

 

 

Ordinary shares issued at the end of the period

 

 

249,690,281

 

 

 

246,841,128

 

 

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

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

 

 

 

December 31, 2016

 

 

December 31, 2015

 

 

 

(In thousands)

 

Foreign currency translation adjustments ("FCTA")

 

$

(42,082

)

 

$

(29,925

)

Net unrealized gain on investments

 

 

269

 

 

 

247

 

Net loss on derivative financial instruments

 

 

(25,082

)

 

 

(64,277

)

Accumulated other comprehensive loss

 

$

(66,895

)

 

$

(93,955

)

The following table presents the components of AOCI and the amounts that were reclassified during 2016, 2015 and 2014:

 

 

 

Foreign currency translation adjustments

 

 

Unrealized holding gain (loss) on investments

 

 

Gain (loss) on derivative (1)

 

 

TOTAL

 

 

 

(In thousands)

 

Balance, January 1, 2014

 

$

(2,562

)

 

$

238

 

 

$

(45,386

)

 

$

(47,710

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassification

 

 

(9,250

)

 

 

3

 

 

 

(65,503

)

 

 

(74,750

)

Amounts reclassified from AOCI

 

 

(3,400

)

 

 

-

 

 

 

28,052

 

(2)

 

24,652

 

Net current period other comprehensive income (loss)

 

 

(12,650

)

 

 

3

 

 

 

(37,451

)

 

 

(50,098

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2014

 

 

(15,212

)

 

 

241

 

 

 

(82,837

)

 

 

(97,808

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassification

 

 

(12,470

)

 

 

6

 

 

 

(57,459

)

 

 

(69,923

)

Amounts reclassified from AOCI

 

 

(2,243

)

 

 

-

 

 

 

76,019

 

(2)

 

73,776

 

Net current period other comprehensive income (loss)

 

 

(14,713

)

 

 

6

 

 

 

18,560

 

 

 

3,853

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2015

 

 

(29,925

)

 

 

247

 

 

 

(64,277

)

 

 

(93,955

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassification

 

 

(12,157

)

 

 

22

 

 

 

4,004

 

 

 

(8,131

)

Amounts reclassified from AOCI

 

 

-

 

 

 

-

 

 

 

35,191

 

(2)

 

35,191

 

Net current period other comprehensive income (loss)

 

 

(12,157

)

 

 

22

 

 

 

39,195

 

 

 

27,060

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2016

 

$

(42,082

)

 

$

269

 

 

$

(25,082

)

 

$

(66,895

)

 

(1)

Refer to Note 12, Derivative Financial Instruments, for additional details

(2)

Reclassified to cost of operations and gain (loss) on foreign currency, net