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Stockholders’ Equity (Deficit)
3 Months Ended
Mar. 31, 2018
Stockholders' Equity Note [Abstract]  
Stockholders’ Equity (Deficit)
Stockholders’ Equity (Deficit)

Changes in stockholders’ equity (deficit) for the three months ended March 31, 2018 and 2017 were as follows:
 
Preferred
stock
 
Preference
stock
 
Common stock
 
Additional paid-in capital
 
Retained earnings
 
Accumulated other comprehensive loss
 
Treasury stock
 
Total equity
Balance at December 31, 2017
$
1

 
$
441

 
$
323,338

 
$
138,367

 
$
5,229,584

 
$
(792,173
)
 
$
(4,710,997
)
 
$
188,561

Cumulative effect of accounting changes

 

 

 

 
(12,207
)
 

 

 
(12,207
)
Net income

 

 

 

 
53,513

 

 

 
53,513

Other comprehensive income

 

 

 

 

 
20,178

 

 
20,178

Dividends paid

 

 

 

 
(35,016
)
 

 

 
(35,016
)
Issuance of common stock

 

 

 
(21,607
)
 

 

 
18,198

 
(3,409
)
Conversion to common stock

 
(19
)
 

 
(386
)
 

 

 
405

 

Stock-based compensation expense

 

 

 
3,273

 

 

 

 
3,273

Balance at March 31, 2018
$
1

 
$
422

 
$
323,338

 
$
119,647

 
$
5,235,874

 
$
(771,995
)
 
$
(4,692,394
)
 
$
214,893



 
Preferred
stock
 
Preference
stock
 
Common stock
 
Additional paid-in capital
 
Retained earnings
 
Accumulated other comprehensive loss
 
Treasury stock
 
Total deficit
Balance at December 31, 2016
$
1

 
$
483

 
$
323,338

 
$
148,125

 
$
5,107,734

 
$
(940,133
)
 
$
(4,743,208
)
 
$
(103,660
)
Net income

 

 

 

 
65,133

 

 

 
65,133

Other comprehensive loss

 

 

 

 

 
26,302

 

 
26,302

Dividends paid

 

 

 

 
(34,567
)
 

 

 
(34,567
)
Issuance of common stock

 

 

 
(27,098
)
 

 

 
21,914

 
(5,184
)
Conversion to common stock

 
(5
)
 

 
(101
)
 

 

 
106

 

Stock-based compensation expense

 

 

 
5,638

 

 

 

 
5,638

Balance at March 31, 2017
$
1

 
$
478

 
$
323,338

 
$
126,564

 
$
5,138,300

 
$
(913,831
)
 
$
(4,721,188
)
 
$
(46,338
)