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Equity (Tables)
 6 Months Ended
Jun. 30, 2018
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
 
Six Months Ended
 
June 30,
 
June 30,
 
2018
 
2017
 
2018
 
2017
Number of shares repurchased (1), (2)
524,435

 
101,614

 
763,703

 
320,366

Cash paid for repurchased shares (in thousands) (3)
$
67,877

 
$
11,808

 
$
96,271

 
$
33,786

 
(1) The average purchase price for repurchased shares was $131.23 and $127.29 for the three and six months ended June 30, 2018, respectively, and $116.20 and $105.46 for the three and six months ended June 30, 2017, respectively.
(2)
The number of shares repurchased for the three and six months ended June 30, 2018 includes shares repurchased in June 2018 that settled in July 2018.
(3) The cash paid for repurchased shares during the three and six months ended June 30, 2018 includes repurchases for both share-based compensation awards and open market purchases. There were no open market purchases during 2017.
Schedule of the changes in Accumulated Other Comprehensive (Loss) Income by component (net of tax)
The following tables disclose information about changes in AOCI/L by component and the related amounts reclassified out of AOCI/L to income during the periods indicated (net of tax, in thousands) (1):

For the three months ended June 30, 2018:
 
Interest Rate
Swaps
 
Defined
Benefit
Pension Plans
 
Foreign
Currency
Translation
Adjustments
 
Total
Balance – March 31, 2018
$
12,597

 
$
(5,805
)
 
$
25,433

 
$
32,225

Changes during the period:
 

 
 

 
 

 
 

Change in AOCI/L before reclassifications to income (2)
4,005

 
—

 
295

 
4,300

Reclassifications from AOCI/L to income (3), (4), (5)
(321
)
 
55

 
(60,310
)
 
(60,576
)
Other comprehensive income (loss) for the period
3,684

 
55

 
(60,015
)
 
(56,276
)
Balance – June 30, 2018
$
16,281

 
$
(5,750
)
 
$
(34,582
)
 
$
(24,051
)

For the three months ended June 30, 2017:
 
Interest Rate
Swaps
 
Defined
Benefit
Pension Plans
 
Foreign
Currency
Translation
Adjustments
 
Total
Balance – March 31, 2017
$
(3,977
)
 
$
(5,749
)
 
$
(38,106
)
 
$
(47,832
)
Changes during the period:
 
 
 
 
 
 
 
Change in AOCI/L before reclassifications to income
(3,528
)
 
—

 
1,024

 
(2,504
)
Reclassifications from AOCI/L to income (3), (4)
1,398

 
49

 
—

 
1,447

Other comprehensive income (loss) for the period
(2,130
)
 
49

 
1,024

 
(1,057
)
Balance – June 30, 2017
$
(6,107
)
 
$
(5,700
)
 
$
(37,082
)
 
$
(48,889
)

For the six months ended June 30, 2018:
 
Interest Rate
Swaps
 
Defined
Benefit
Pension Plans
 
Foreign
Currency
Translation
Adjustments
 
Total
Balance – December 31, 2017
$
2,483

 
$
(5,861
)
 
$
4,886

 
$
1,508

Changes during the period:
 
 
 
 
 
 
 
Change in AOCI/L before reclassifications to income (2)
13,370

 
—

 
20,842

 
34,212

Reclassifications from AOCI/L to income (3), (4), (5)
428

 
111

 
(60,310
)
 
(59,771
)
Other comprehensive income (loss) for the period
13,798

 
111

 
(39,468
)
 
(25,559
)
Balance – June 30, 2018
$
16,281

 
$
(5,750
)
 
$
(34,582
)
 
$
(24,051
)

For the six months ended June 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 AOCI/L before reclassifications to income
(6,921
)
 
—

 
5,395

 
(1,526
)
Reclassifications from AOCI/L to income (3), (4)
2,223

 
97

 
—

 
2,320

Other comprehensive income (loss) for the period
(4,698
)
 
97

 
5,395

 
794

Balance – June 30, 2017
$
(6,107
)
 
$
(5,700
)
 
$
(37,082
)
 
$
(48,889
)

 
(1)
Amounts in parentheses represent debits (deferred losses).
(2)
The activity for interest rate swaps includes an immaterial impact from the Company's adoption of ASU No. 2018-02. See Note 1 - Business and Basis of Presentation for additional information.
(3)
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.
(4)
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.
(5)
The reclassifications related to foreign currency translation adjustments during the three and six months ended June 30, 2018 were recorded in Gain from divested operations. See Note 2 – Acquisitions and Divestitures for information regarding our divestitures during the second quarter of 2018.