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Equity (Tables)
 9 Months Ended
Sep. 30, 2017
Stockholders' Equity Note [Abstract]  
Schedule of share repurchase activity
The Company’s recent share repurchase activity is presented in the following table:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2017
 
2016
 
2017
 
2016
Number of shares repurchased (1)
26,725

 
9,882

 
348,236

 
542,792

Cash paid for repurchased shares (in thousands) (2)
$
3,275

 
$
922

 
$
37,188

 
$
52,889

 

(1) The average purchase price for repurchased shares was $122.53 and $106.79 for the three and nine months ended September 30, 2017, respectively, and $93.33 and $84.17 for the three and nine months ended September 30, 2016.

(2) The cash paid for the nine months ended September 30, 2016 includes $7.2 million for share repurchases that were executed in late December 2015 and were settled in early January 2016.
Schedule of the changes in Accumulated Other Comprehensive (Loss) Income by component (net of tax)
The following tables disclose information about changes in AOCL/I by component and the related amounts reclassified out of AOCL/I to income during the periods indicated (net of tax, in thousands) (1):

For the three months ended September 30, 2017:
 
Interest Rate
Swaps
 
Defined
Benefit
Pension Plans
 
Foreign
Currency
Translation
Adjustments
 
Total
Balance - June 30, 2017
$
(6,107
)
 
$
(5,700
)
 
$
(37,082
)
 
$
(48,889
)
Changes during the period:
 

 
 

 
 

 
 

Change in AOCL/I before reclassifications to income
9

 
—

 
46,319

 
46,328

Reclassifications from AOCL/I to income during the period (2), (3)
1,293

 
52

 
—

 
1,345

Other comprehensive (loss) income for the period
1,302

 
52

 
46,319

 
47,673

Balance – September 30, 2017
$
(4,805
)
 
$
(5,648
)
 
$
9,237

 
$
(1,216
)

For the three months ended September 30, 2016:
 
Interest Rate
Swaps
 
Defined
Benefit
Pension Plans
 
Foreign
Currency
Translation
Adjustments
 
Total
Balance – June 30, 2016
$
(12,158
)
 
$
(4,757
)
 
$
(31,088
)
 
$
(48,003
)
Changes during the period:
 
 
 
 
 
 
 
Change in AOCL/I before reclassifications to income
2,076

 
—

 
(3,032
)
 
(956
)
Reclassifications from AOCL/I to income during the period (2), (3)
1,138

 
37

 
—

 
1,175

Other comprehensive (loss) income for the period
3,214

 
37

 
(3,032
)
 
219

Balance – September 30, 2016
$
(8,944
)
 
$
(4,720
)
 
$
(34,120
)
 
$
(47,784
)

For the nine months ended September 30, 2017:
 
Interest Rate
Swaps
 
Defined
Benefit
Pension Plans
 
Foreign
Currency
Translation
Adjustments
 
Total
Balance – December 31, 2016
$
(1,409
)
 
$
(5,797
)
 
$
(42,477
)
 
$
(49,683
)
Changes during the period:
 
 
 
 
 
 
 
Change in AOCL/I before reclassifications to income
(6,912
)
 
—

 
51,714

 
44,802

Reclassifications from AOCL/I to income during the period (2), (3)
3,516

 
149

 
—

 
3,665

Other comprehensive (loss) income for the period
(3,396
)
 
149

 
51,714

 
48,467

Balance – September 30, 2017
$
(4,805
)
 
$
(5,648
)
 
$
9,237

 
$
(1,216
)

For the nine months ended September 30, 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
(9,376
)
 
—

 
2,371

 
(7,005
)
Reclassifications from AOCL/I to income during the period (2), (3)
3,511

 
112

 
—

 
3,623

Other comprehensive (loss) income for the period
(5,865
)
 
112

 
2,371

 
(3,382
)
Balance – September 30, 2016
$
(8,944
)
 
$
(4,720
)
 
$
(34,120
)
 
$
(47,784
)

 
(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 10 – 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 12 – Employee Benefits for information regarding the Company’s defined benefit pension plans.