Stockholders' Equity

9 Months Ended

Sep. 30, 2020

Stockholders' Equity Note [Abstract]

Note 11. Stockholders’ Equity

The tables below present the condensed consolidated statement of stockholders’ equity as of and for the three and nine months ended September 30, 2020 and 2019 (in thousands):


	Ordinary Shares	Ordinary Shares - Amount		Additional Paid-In Capital		Treasury Stock		Accumulated Other Comprehensive Loss		Accumulated Deficit		Total Stockholders' Equity
June 30, 2020	49,476	$	76,338	$	1,750,798	$	(1,057)	$	(35,089)	$	(457,804)	$	1,333,186
Stock-based compensation plans	—	—		7,670		4		—		—		7,674
Cancellation of shares	(73)	—		—		—		—		—		—
Net loss	—	—		—		—		—		(14,772)		(14,772)
Other comprehensive income	—	—		—		—		24,704		—		24,704
September 30, 2020	49,403	$	76,338	$	1,758,468	$	(1,053)	$	(10,385)	$	(472,576)	$	1,350,792

June 30, 2019	49,380	$	76,217	$	1,717,220	$	(1,292)	$	(13,174)	$	(295,643)	$	1,483,328
Stock-based compensation plans	1	—		8,262		10		—		—		8,272
Net income	—	—		—		—		—		32,118		32,118
Other comprehensive loss	—	—		—		—		(28,436)		—		(28,436)
September 30, 2019	49,381	$	76,217	$	1,725,482	$	(1,282)	$	(41,610)	$	(263,525)	$	1,495,282


	Ordinary Shares	Ordinary Shares - Amount		Additional Paid-In Capital		Treasury Stock		Accumulated Other Comprehensive Loss		Accumulated Deficit		Total Stockholders' Equity
December 31, 2019	49,411	$	76,257	$	1,734,870	$	(1,263)	$	(19,392)	$	(406,755)	$	1,383,717
Adoption of ASU No. 2016-13 (1)	—	—		—		—		—		(639)		(639)
Stock-based compensation plans	65	81		23,598		210		—		—		23,889
Cancellation of shares	(73)	—		—		—		—		—		—
Net loss	—	—		—		—		—		(65,182)		(65,182)
Other comprehensive income	—	—		—		—		9,007		—		9,007
September 30, 2020	49,403	$	76,338	$	1,758,468	$	(1,053)	$	(10,385)	$	(472,576)	$	1,350,792

December 31, 2018	49,323	$	76,144	$	1,705,111	$	(1,462)	$	(24,476)	$	(251,579)	$	1,503,738
Stock-based compensation plans	58	73		20,371		180		—		—		20,624
Net loss	—	—		—		—		—		(11,946)		(11,946)
Other comprehensive loss	—	—		—		—		(17,134)		—		(17,134)
September 30, 2019	49,381	$	76,217	$	1,725,482	$	(1,282)	$	(41,610)	$	(263,525)	$	1,495,282

(1)Refer to “Note 17. New Accounting Pronouncements”

The table below presents the change in each component of AOCI, net of tax, and the reclassifications out of AOCI into net income for the nine months ended September 30, 2020 and 2019 (in thousands):


	Change in Unrealized Gain (Loss) on Derivatives		Foreign Currency Translation Adjustments Gain (Loss) (1)		Total
December 31, 2019	$	513	$	(19,905)	$	(19,392)
Other comprehensive income before reclassifications, before tax	632		8,008		8,640
Tax expense	(152)		—		(152)
Other comprehensive income before reclassifications, net of tax	480		8,008		8,488
Reclassification of loss from accumulated other comprehensive loss, before tax	681		—		681
Reclassification of tax benefit	(162)		—		(162)
Reclassification of loss from accumulated other comprehensive loss, after tax	519		—		519
Net current-period other comprehensive income, net of tax	999		8,008		9,007
September 30, 2020	$	1,512	$	(11,897)	$	(10,385)

December 31, 2018	$	(944)	$	(23,532)	$	(24,476)
Other comprehensive income (loss) before reclassifications, before tax	933		(16,628)		(15,695)
Tax expense	(224)		—		(224)
Other comprehensive income (loss) before reclassifications, net of tax	709		(16,628)		(15,919)
Reclassification of gain from accumulated other comprehensive loss, before tax	(1,598)		—		(1,598)
Reclassification of tax expense	383		—		383
Reclassification of gain from accumulated other comprehensive loss, after tax	(1,215)		—		(1,215)
Net current-period other comprehensive loss, net of tax	(506)		(16,628)		(17,134)
September 30, 2019	$	(1,450)	$	(40,160)	$	(41,610)

(1)Taxes are not provided for foreign currency translation adjustments as translation adjustments are related to earnings that are intended to be reinvested in the countries where earned.