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Stockholders' Equity and Noncontrolling Interest
9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Stockholders' Equity and Noncontrolling Interest
Stockholders' Equity and Noncontrolling Interest
A reconciliation of common stock outstanding, treasury stock and the total carrying amount of Universal Electronics Inc. stockholders’ equity, stockholders’ equity attributable to noncontrolling interest and total stockholders' equity for the nine months ended September 30, 2016 is as follows:
 
Shares
 
Stockholders' Equity
(In thousands)
Common Stock
 
Treasury Stock
 
Universal Electronics Inc. Stockholders' Equity
 
Noncontrolling Interest
 
Total
Balance at December 31, 2015
23,176

 
(8,825
)
 
$
257,609

 
$
299

 
$
257,908

Net income
 
 
 
 
17,118

 
30

 
17,148

Currency translation adjustment
 
 
 
 
(1,858
)
 
 
 
(1,858
)
Shares issued for employee benefit plan and compensation
46

 
 
 
763

 
 
 
763

Purchase of treasury shares
 
 
(39
)
 
(2,188
)
 
 
 
(2,188
)
Stock options exercised
191

 
 
 
4,813

 
 
 
4,813

Shares issued to Directors
23

 
 
 

 
 
 

Employee and director stock-based compensation
 
 
 
 
7,638

 
 
 
7,638

Tax benefit from exercise of non-qualified stock options and vested restricted stock
 
 
 
 
2,230

 
 
 
2,230

Performance-based warrant stock-based compensation
 
 
 
 
3,219

 
 
 
3,219

Deconsolidation of Encore Controls LLC (Note 19)
 
 
 
 
 
 
(329
)
 
(329
)
Balance at September 30, 2016
23,436

 
(8,864
)
 
$
289,344

 
$

 
$
289,344