Stockholders' Equity

12 Months Ended

Dec. 31, 2018

Equity, Class of Treasury Stock [Line Items]

Treasury Stock [Text Block]

Stockholders' Equity

On June 10, 2016, the Board of Directors approved a $150.0 million, two-year stock repurchase program. Under this program, the Company repurchased 1.2 million shares of its common stock in 2017 at a cost of $58.1 million and 1.1 million shares in 2016 at a cost of $43.1 million. All shares repurchased were retired, which resulted in a reduction in paid-in capital of $13.2 million in 2017 and $11.9 million in 2016 and a reduction in retained earnings of $44.8 million in 2017 and $31.2 million in 2016.

The balances of accumulated other comprehensive income (loss) at December 31, 2018, 2017 and 2016 and the activity within those years was comprised of foreign currency translation adjustments.