| Equity |
EQUITY: Share repurchase program In June 2014, the Board of Directors authorized a three-year $100,000 share repurchase program pursuant to which the Company may repurchase its outstanding common stock from time to time in the open market or through privately negotiated transactions. As of February 28, 2017, the Company had purchased 207 shares at a total cost of $15,654. The share purchases were made on the open market and the shares repurchased by the Company are held in treasury for general corporate purposes. Dividends The Company paid cash dividends of $0.25 and $0.20 per share during the three months ended February 28, 2017 and February 29, 2016, totaling $9,934 and $7,967, respectively. On March 27, 2017, the Company announced a cash dividend of $0.25 per share to stockholders of record as of April 14, 2017, payable on April 28, 2017. Future dividends are subject to declaration by the Board of Directors. Changes in equity A reconciliation of the changes in equity for the three months ended February 28, 2017 and February 29, 2016 is presented below: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended February 28, 2017 | | Three Months Ended February 29, 2016 | | | Attributable to SYNNEX Corporation | | Attributable to Noncontrolling interest | | Total Equity | | Attributable to SYNNEX Corporation | | Attributable to Noncontrolling interest | | Total Equity | Beginning balance: | | $ | 1,975,776 |
| | $ | 22 |
| | $ | 1,975,798 |
| | $ | 1,799,381 |
| | $ | 516 |
| | $ | 1,799,897 |
| Issuance of common stock on exercise of options | | 310 |
| | — |
| | 310 |
| | 1,114 |
| | — |
| | 1,114 |
| Issuance of common stock for employee stock purchase plan | | 627 |
| | — |
| | 627 |
| | 548 |
| | — |
| | 548 |
| Tax benefit from employee stock plans | | 1,411 |
| | — |
| | 1,411 |
| | 2,696 |
| | — |
| | 2,696 |
| Taxes paid for the settlement of equity awards | | (3,033 | ) | | — |
| | (3,033 | ) | | (2,620 | ) | | — |
| | (2,620 | ) | Share-based compensation | | 4,289 |
| | — |
| | 4,289 |
| | 3,467 |
| | — |
| | 3,467 |
| Changes in ownership of noncontrolling interest | | 85 |
| | (22 | ) | | 63 |
| | — |
| | — |
| | — |
| Repurchases of common stock | | — |
| | — |
| | — |
| | (4,943 | ) | | — |
| | (4,943 | ) | Dividends declared | | (9,934 | ) | | — |
| | (9,934 | ) | | (7,967 | ) | | — |
| | (7,967 | ) | Comprehensive income: | | | | | | | | | | | | | Net income | | 61,789 |
| | — |
| | 61,789 |
| | 46,562 |
| | 75 |
| | 46,637 |
| Other comprehensive income (loss): | | | | | | | | | | | |
| Unrealized gains (losses) on available-for-sale securities, net of taxes | | 163 |
| | — |
| | 163 |
| | (376 | ) | | (2 | ) | | (378 | ) | Change in unrealized losses in defined benefit plans, net of taxes | | (69 | ) | | — |
| | (69 | ) | | (666 | ) | | — |
| | (666 | ) | Unrealized gains (losses) on cash flow hedges, net of taxes | | 1,180 |
| | — |
| | 1,180 |
| | (5,065 | ) | | — |
| | (5,065 | ) | Foreign currency translation adjustments, net of taxes | | 5,625 |
| | — |
| | 5,625 |
| | (11,336 | ) | | 18 |
| | (11,318 | ) | Total other comprehensive income (loss) | | 6,899 |
| | — |
| | 6,899 |
| | (17,443 | ) | | 16 |
| | (17,427 | ) | Total comprehensive income | | 68,688 |
| | — |
| | 68,688 |
| | 29,119 |
| | 91 |
| | 29,210 |
| Ending balance: | | $ | 2,038,219 |
| | $ | — |
| | $ | 2,038,219 |
| | $ | 1,820,795 |
| | $ | 607 |
| | $ | 1,821,402 |
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