SHAREHOLDERS' EQUITY (Tables)

3 Months Ended

Dec. 31, 2019

SHAREHOLDERS' EQUITY

Schedule of change in shareholders' equity

The change in shareholders’ equity for the first three months of 2020 and 2019 is shown below (in thousands):

	Three Months Ended December 31,
	2019	2018
Common stock
Beginning balance	306	305
Stock plans	—	—
Ending balance	306	305
Additional paid-in-capital
Beginning balance	292,408	291,190
Stock plans	(648)	1,103
Ending balance	293,056	292,293
Retained earnings
Beginning balance	684,741	606,837
Net earnings common stockholders	86,777	17,317
Dividends paid	(2,079)	(2,073)
Adoption of accounting standards updates	—	5,589
Ending balance	769,439	627,670
Accumulated other comprehensive income (loss)
Beginning balance	(43,974)	(31,528)
Foreign currency translation	3,923	(4,529)
Forward exchange contracts	—	(25)
Ending balance	(40,051)	(36,082)
Treasury stock
Beginning balance	(107,259)	(107,394)
Issued under stock plans	—	—
Ending balance	(107,259)	(107,394)
Total equity	915,491	776,792