Equity

9 Months Ended

Sep. 30, 2020

Stockholders' Equity

Treasury Stock

In August 2019, our Board of Directors approved a new share purchase plan to purchase up to $100.0 million of our common stock. This plan replaced our existing plan and has no expiration date. During the nine months ended September 30, 2020, we did not purchase any shares of our common stock under our stock purchase plans. As of September 30, 2020, all of the $100.0 million available for purchase was remaining under the plan. We are currently limited on share purchases in accordance with the terms and conditions of our Credit Facility (see Note 16: Long-Term Obligations).

For the nine months ended September 30, 2020, we withheld 66,749 shares of our common stock from employee vested restricted stock units in consideration for $12.8 million in payments made on the employee's behalf for their minimum statutory income tax withholding obligations. For the nine months ended September 30, 2019, we withheld 79,313 shares of our common stock from employee vested restricted stock units in consideration for $18.5 million in payments made on the employee's behalf for their minimum statutory income tax withholding obligations. Treasury stock is used to issue shares for stock option exercises, restricted stock grants and employee stock purchase plan stock purchases.

Accumulated Other Comprehensive (Loss) Income

The components of accumulated other comprehensive (loss) income ("AOCI"), net of tax, were as follows (in thousands):


	Foreign Currency Translation Adjustments		Unrealized Gains on Cash Flow Hedges		Other Adjustments		Total
Balance as of January 1, 2020	$	(17,310)	$	1,880	$	28	$	(15,402)
Other comprehensive loss before reclassifications	(10,477)		(2,426)		(81)		(12,984)
Amounts reclassified from AOCI	—		(526)		—		(526)
Other comprehensive loss	(10,477)		(2,952)		(81)		(13,510)
Balance as of March 31, 2020	$	(27,787)	$	(1,072)	$	(53)	$	(28,912)
Other comprehensive income before reclassifications	4,604		960		4		5,568
Amounts reclassified from AOCI	—		166		—		166
Other comprehensive income	4,604		1,126		4		5,734
Balance as of June 30, 2020	$	(23,183)	$	54	$	(49)	$	(23,178)
Other comprehensive income before reclassifications	6,626		978		3		7,607
Amounts reclassified from AOCI	—		38		—		38
Other comprehensive income	6,626		1,016		3		7,645
Balance as of September 30, 2020	$	(16,557)	$	1,070	$	(46)	$	(15,533)


	Foreign Currency Translation Adjustments		Unrealized Gains on Cash Flow Hedges		Other Adjustments		Total
Balance as of January 1, 2019	$	(17,682)	$	638	$	99	$	(16,945)
Other comprehensive (loss) income before reclassifications	(1,592)		768		6		(818)
Amounts reclassified from AOCI	—		(118)		—		(118)
Other comprehensive (loss) income	(1,592)		650		6		(936)
Balance as of March 31, 2019	$	(19,274)	$	1,288	$	105	$	(17,881)
Other comprehensive income before reclassifications	2,838		513		—		3,351
Amounts reclassified from AOCI	—		(144)		—		(144)
Other comprehensive income	2,838		369		—		3,207
Balance as of June 30, 2019	$	(16,436)	$	1,657	$	105	$	(14,674)
Other comprehensive income before reclassifications	(7,533)		(201)		—		(7,734)
Amounts reclassified from AOCI	—		(174)		—		(174)
Other comprehensive income	(7,533)		(375)		—		(7,908)
Balance as of September 30, 2019	$	(23,969)	$	1,282	$	105	$	(22,582)