Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY

v3.10.0.1
STOCKHOLDERS' EQUITY
 9 Months Ended
Sep. 30, 2018
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY
STOCKHOLDERS’ EQUITY
A summary of changes in stockholders’ equity is presented below (in thousands): 
 
 
Nine Months Ended September 30, 2018
 
 
(In thousands)
 
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2017
 
40,331

 
$
403

 
$
584,578

 
$
991,844

 
$
1,576,825

Adoption of ASU 2014-09 (1)
 
—

 
—

 
—

 
(583
)
 
(583
)
Net earnings
 
—

 
—

 
—

 
151,847

 
151,847

Stock-based compensation expense
 
—

 
—

 
13,748

 
—

 
13,748

Issuance of stock
 
321

 
4

 
(4
)
 
—

 
—

Share repurchases
 
(686
)
 
(7
)
 
(29,346
)
 
—

 
(29,353
)
Balance at September 30, 2018
 
39,966

 
$
400

 
$
568,976

 
$
1,143,108

 
$
1,712,484

(1)
Refer to Note 1 for additional information related to the adoption of ASU 2014-09.
 
 
Nine Months Ended September 30, 2017
 
 
(In thousands)
 
 
Number of
Shares
 
Common
Stock
 
Additional
Paid-In
Capital
 
Retained
Earnings
 
Total
Balance at December 31, 2016
 
40,031

 
$
400

 
$
572,506

 
$
848,589

 
$
1,421,495

Net earnings
 
—

 
—

 
—

 
107,702

 
107,702

Issuance of stock
 
295

 
3

 
(3
)
 
—

 
—

Stock-based compensation expense
 
—

 
—

 
9,911

 
—

 
9,911

Balance at September 30, 2017
 
40,326

 
$
403

 
$
582,414

 
$
956,291

 
$
1,539,108