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CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive (Loss) Earnings
Balance at Dec. 31, 2017 $ 4,383,180 $ 256,992 $ 942,485 $ (5,077,039) $ 8,455,501 $ (194,759)
Net earnings 271,393 0 0 0 271,393 0
Dividends paid (142,322) 0 0 0 (142,322) 0
Separation of Apergy (906,815) 0 0 0 (939,743) 32,928
Common stock issued for the exercise of share-based awards (21,202) 402 (21,604) 0 0 0
Share-based compensation expense 11,147 0 11,147 0 0 0
Common stock acquired, including accelerated share repurchase program (744,977) 0 (140,000) (604,977) 0 0
Other comprehensive loss, net of tax (5,092) 0 0 0 0 (5,092)
Other, net (4,896) 0 (4,896) 0 0 0
Balance at Jun. 30, 2018 2,840,591 257,394 787,132 (5,682,016) 7,657,860 (179,779)
Balance at Mar. 31, 2018 4,445,622 257,282 934,596 (5,122,016) 8,527,276 (151,516)
Net earnings 139,959 0 0 0 139,959 0
Dividends paid (69,632) 0 0 0 (69,632) 0
Separation of Apergy (906,815) 0 0 0 (939,743) 32,928
Common stock issued for the exercise of share-based awards (6,263) 112 (6,375) 0 0 0
Share-based compensation expense 3,833 0 3,833 0 0 0
Common stock acquired, including accelerated share repurchase program (700,000) 0 (140,000) (560,000) 0 0
Other comprehensive loss, net of tax (61,191) 0 0 0 0 (61,191)
Other, net (4,922) 0 (4,922) 0 0 0
Balance at Jun. 30, 2018 2,840,591 257,394 787,132 (5,682,016) 7,657,860 (179,779)
Cumulative Effect of New Accounting Principle in Period of Adoption | Accounting Standards Update 2018-02 [Member] 0 0 0 0 12,856 (12,856)
Cumulative Effect of New Accounting Principle in Period of Adoption | Accounting Standards Update 2014-09 [Member] 175 0 0 0 175 0
Balance at Dec. 31, 2018 2,768,666 257,822 886,016 (5,947,562) 7,815,486 (243,096)
Net earnings 303,790 0 0 0 303,790 0
Dividends paid (139,730) 0 0 0 (139,730) 0
Common stock issued for the exercise of share-based awards (21,209) 493 (21,702) 0 0 0
Share-based compensation expense 16,617 0 16,617 0 0 0
Other comprehensive loss, net of tax 34,983 0 0 0 0 34,983
Other, net (7,846) 0 (7,897) 0 51 0
Balance at Jun. 30, 2019 2,955,271 258,315 873,034 (5,947,562) 7,979,597 (208,113)
Balance at Mar. 31, 2019 2,837,453 258,214 866,365 (5,947,562) 7,851,382 (190,946)
Net earnings 198,085 0 0 0 198,085 0
Dividends paid (69,921) 0 0 0 (69,921) 0
Common stock issued for the exercise of share-based awards (1,601) 101 (1,702) 0 0 0
Share-based compensation expense 8,435 0 8,435 0 0 0
Other comprehensive loss, net of tax (17,167) 0 0 0 0 (17,167)
Other, net (13) 0 (64) 0 51 0
Balance at Jun. 30, 2019 $ 2,955,271 $ 258,315 $ 873,034 $ (5,947,562) $ 7,979,597 $ (208,113)