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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Schedule of Reserve for Authorized But Unissued Shares of Common Stock
As of December 31, 2020, the Company had reserved the following authorized but unissued shares of common stock for future issuances:
Common stock options and restricted stock units5,960,946 
Common stock employee purchase plans2,806,672 
Total8,767,618 
Components of Accumulated Other Comprehensive Loss, Net of Tax
The changes in accumulated other comprehensive loss, net of tax, by components are as follows (in thousands):
December 31, 2017Net
Change		Cumulative Effect AdjustmentDecember 31, 2018Net
Change		December 31, 2019Net
Change		December 31, 2020
Foreign currency translation adjustment ("CTA") gain (loss)
$(576,860)$(421,743)$— $(998,603)$(58,315)$(1,056,918)$548,503 $(508,415)
Unrealized gain (loss) on cash flow hedges (1)
(24,191)43,671 — 19,480 (3,842)15,638 (82,790)(67,152)
Net investment hedge CTA gain (loss) (1)
(185,303)219,628 — 34,325 73,294 107,619 (444,553)(336,934)
Unrealized gain (loss) on available for sale securities (2)
2,124 — (2,124)— — — — — 
Net actuarial gain (loss) on defined benefit plans (3)
(959)55 — (904)(48)(952)85 (867)
$(785,189)$(158,389)$(2,124)$(945,702)$11,089 $(934,613)$21,245 $(913,368)
(1)Refer to Note 8 for a discussion of the amounts reclassified from accumulated other comprehensive loss to net income.
(2)Upon adoption of ASU 2016-01 during the three months ended March 31, 2018, the Company recorded a net cumulative effect adjustment of $2.1 million from accumulated other comprehensive loss to retained earnings.
(3)The Company has a defined benefit pension plan covering all employees in two countries where such plans are mandated by law. The Company does not have any defined benefit plans in any other countries. The unamortized gain (loss) on defined benefit plans includes gains or losses resulting from a change in the value of either the projected benefit obligation or the plan assets resulting from a change in an actuarial assumption, net of amortization.
Quarterly Dividend and Special Distributions
During the years ended December 31, 2020, 2019 and 2018, the Company's Board of Directors declared quarterly dividends whose treatment for federal income tax purposes were as follows:
Declaration DateRecord DatePayment Date
Total Distribution (1)
Nonqualified Ordinary Dividend (2)
Total Distribution Amount
(per share)(in thousands)
Fiscal 2020
2/12/20202/26/20203/18/2020$2.660000 $2.660000 $227,386 
5/6/20205/20/20206/17/20202.660000 2.660000 235,449 
7/29/20208/19/20209/23/20202.660000 2.660000 236,424 
10/28/202011/18/202012/9/20202.660000 2.660000 237,010 
Total
$10.640000 $10.640000 $936,269 
Fiscal 2019
2/13/20192/27/20193/20/2019$2.460000 $2.460000 $198,933 
5/1/20195/22/20196/19/20192.460000 2.460000 207,949 
7/31/20198/21/20199/18/20192.460000 2.460000 209,226 
10/30/201911/20/201912/11/20192.460000 2.460000 209,785 
Total
$9.840000 $9.840000 $825,893 
Fiscal 2018
2/14/20182/26/20183/21/2018$2.280000 $2.280000 $180,640 
5/2/20185/23/20186/20/20182.280000 2.280000 181,207 
8/8/20188/22/20189/19/20182.280000 2.280000 182,304 
11/1/201811/14/201812/12/20182.280000 2.280000 183,297 
Total
$9.120000 $9.120000 $727,448 
(1)Common stock dividends are characterized for federal income tax purposes as nonqualified ordinary dividend, qualified ordinary dividend, capital gains or return of capital. During the years ended December 31, 2020, 2019 and 2018, the Company did not classify any portion of the distributions as qualified ordinary dividend, capital gains or return of capital.
(2)All nonqualified ordinary dividends are eligible for the 20% deduction generally allowable to non-corporate shareholders under Internal Revenue Code Section 199A.