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Stockholders' Equity (Deficit)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
STOCKHOLDERS’ EQUITY (DEFICIT)
STOCKHOLDERS’ EQUITY (DEFICIT)
 
Common stock. Holders of Gartner’s Common Stock, par value $.0005 per share (“Common Stock”) are entitled to one vote per share on all matters to be voted by stockholders. The Company does not currently pay cash dividends on its Common Stock. Also, our 2016 Credit Agreement contains a negative covenant which may limit our ability to pay dividends. The following table summarizes transactions relating to Common Stock for the three years ended December 31, 2016:  
 
Issued
Shares
 
Treasury
Stock
Shares
Balance at December 31, 2013
156,234,415

 
64,268,863

Issuances under stock plans
 
 
(1,452,419
)
Purchases for treasury (1)
 
 
5,897,446

Balance at December 31, 2014
156,234,415

 
68,713,890

Issuances under stock plans

 
(1,003,746
)
Purchases for treasury (1)

 
6,186,101

Balance at December 31, 2015
156,234,415

 
73,896,245

Issuances under stock plans

 
(923,696
)
Purchases for treasury (1)

 
610,623

Balance at December 31, 2016
156,234,415

 
73,583,172

 
(1)
The Company used a total of $59.0 million, $509.0 million, and $432.0 million in cash for share repurchases in 2016, 2015, and 2014, respectively.

Share repurchase authorization. The Company has a $1.2 billion board authorization to repurchase the Company's common stock. The Company may repurchase its common stock from time-to-time in amounts and at prices the Company deems appropriate, subject to the availability of stock, prevailing market conditions, the trading price of the stock, the Company’s financial performance and other conditions. Repurchases may be made through open market purchases, private transactions or other transactions and will be funded from cash on hand and borrowings under the Company’s 2016 Credit Agreement. As of December 31, 2016, approximately $1.1 billion of this authorization remained available for repurchases.

Opening adjustment to accumulated earnings. The Company early adopted FASB ASU No. 2016-09, "Improvements to Employee Share-Based Payment Accounting" in 2016. The adoption of ASU No. 2016-09 resulted in a $0.3 million decrease to the Company's opening accumulated earnings balance effective January 1, 2016. Note 1 — Business and Significant Accounting Policies provides additional information regarding ASU No. 2016-09.

Accumulated other comprehensive (loss) income, net. The following tables disclose information about changes in accumulated other comprehensive (loss) income ("AOCL/I"), a component of equity, by component and the related amounts reclassified out of AOCL/I to income during the years indicated (net of tax, in thousands) (1):

2016
 
Interest Rate Swaps
 
Defined Benefit Pension Plans
 
Foreign Currency Translation Adjustments
 
Total
Balance - December 31, 2015
$
(3,079
)
 
$
(4,832
)
 
$
(36,491
)
 
$
(44,402
)
Changes during the period:
 
 
 
 
 
 
 
Change in AOCL/I before reclassifications to income
(2,902
)
 
(1,113
)
 
(5,986
)
 
(10,001
)
Reclassifications from AOCL/I to income during the period (2), (3)
4,572

 
148

 

 
4,720

Other comprehensive income (loss) for the period
1,670

 
(965
)
 
(5,986
)
 
(5,281
)
Balance - December 31, 2016
$
(1,409
)
 
$
(5,797
)
 
$
(42,477
)
 
$
(49,683
)

2015
 
Interest Rate Swaps
 
Defined Benefit Pension Plans
 
Foreign Currency Translation Adjustments
 
Total
Balance - December 31, 2014
$
(1,740
)
 
$
(6,028
)
 
$
(13,402
)
 
$
(21,170
)
Changes during the period:
 
 
 
 
 
 
 
Change in AOCL/I before reclassifications to income
(6,356
)
 
986

 
(23,089
)
 
(28,459
)
Reclassifications from AOCL/I to income during the period (2), (3)
5,017

 
210

 

 
5,227

Other comprehensive (loss) income for the period
(1,339
)
 
1,196

 
(23,089
)
 
(23,232
)
Balance - December 31, 2015
$
(3,079
)
 
$
(4,832
)
 
$
(36,491
)
 
$
(44,402
)
 
(1) Amounts in parentheses represent debits (deferred losses).

(2) The reclassifications related to interest rate swaps (cash flow hedges) were recorded in Interest expense, net of tax effect. See Note 11 – Derivatives and Hedging for information regarding the hedges.

(3) The reclassifications related to defined benefit pension plans were recorded in Selling, general and administrative expense, net of tax effect. See Note 13 – Employee Benefits for information regarding the Company’s defined benefit pension plans.