SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

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Advertising

Years ended December 31,	2019		2018		2017
(in thousands)
Advertising	$	81,174	$	69,875	$	66,115

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Cash held in foreign bank accounts

At December 31,	2019		2018
(in thousands) (in US dollars)
Cash held in foreign bank accounts	$	74,094	$	53,613

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Depreciation

Years ended December 31,	2019		2018		2017
(in thousands)
Depreciation	$	36,646	$	30,364	$	27,381

weighted average shares outstanding along with the earnings per share attributable to restricted shares of common stock

A reconciliation of weighted average shares outstanding along with the earnings per share attributable to restricted shares of common stock (participating securities) is as follows (in thousands except per share data). All share and per share information in the following chart are restated for the stock split effective December 10, 2018:

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4)

Years Ended December 31,	2019			2018			2017
Net income available to stockholders	$	203,347		$	231,663		$	179,124
Less: Dividends paid
Common Stock		(152,793	)		(151,458	)		(120,930	)
Restricted shares of common stock		(1,042	)		(1,284	)		(1,087	)
Undistributed earnings for the period	$	49,512		$	78,921		$	57,107
Allocation of undistributed earnings:
Common stock		49,144			78,255			56,567
Restricted shares of common stock		368			666			540
Basic and diluted shares outstanding:
Common stock		325,046			324,529			323,891
Restricted shares of common stock		2,431			2,762			3,091
Basic and diluted shares outstanding (in shares)		327,477			327,291			326,982
Basic and diluted earnings per share:
Common stock:
Distributed earnings	$	0.47		$	0.47		$	0.37
Undistributed earnings		0.15			0.24		$	0.18
	$	0.62		$	0.71		$	0.55
Restricted shares of common stock
Distributed earnings	$	0.43		$	0.47		$	0.35
Undistributed earnings		0.15			0.24			0.18
	$	0.58		$	0.71		$	0.53