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Stockholders' Equity
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
STOCKHOLDERS’ EQUITY STOCKHOLDERS’ EQUITY
 
Common stock. Holders of Gartner’s common stock, par value $0.0005 per share, 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 that may limit our ability to pay dividends. The table below summarizes transactions relating to the Company's common stock for the three years ended December 31, 2019.
 
Issued
Shares
 
Treasury
Stock
Shares
Balance at December 31, 2016
156,234,415

 
73,583,172

Issued in connection with the acquisition of CEB (1)
7,367,652

 

Issuances under stock plans

 
(1,186,150
)
Purchases for treasury (2)

 
382,183

Balance at December 31, 2017
163,602,067

 
72,779,205

Issuances under stock plans

 
(933,246
)
Purchases for treasury (2), (3)

 
2,054,018

Balance at December 31, 2018
163,602,067

 
73,899,977

Issuances under stock plans

 
(825,115
)
Purchases for treasury (2), (3)

 
1,369,426

Balance at December 31, 2019
163,602,067

 
74,444,288

 
(1)
Note 2 — Acquisitions and Divestitures provides additional information regarding the CEB acquisition.
(2)
The Company used a total of $199.0 million, $260.8 million and $41.3 million in cash for share repurchases during 2019, 2018 and 2017, respectively.
(3)
The number of shares repurchased in 2018 included shares repurchased in December 2018 that settled in January 2019. Additionally, the shares repurchased during 2019 included shares repurchased in December 2019 that settled in January 2020.

Share repurchase authorization. The Company has a $1.2 billion board authorization to repurchase its common stock, of which $0.7 billion remained available as of December 31, 2019. The Company may repurchase its common stock from time-to-time in amounts, at prices and in the manner that 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 (which may include repurchase plans designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended), accelerated share repurchases, private transactions or other transactions and will be funded by cash on hand and borrowings.

Accumulated Other Comprehensive Income (Loss), net ("AOCI/L")

The tables below provide information about the changes in AOCI/L by component and the related amounts reclassified out of AOCI/L to income during the years indicated (net of tax, in thousands) (1).

Year Ended December 31, 2019
 
Interest Rate Swaps
 
Defined Benefit Pension Plans
 
Foreign Currency Translation Adjustments
 
Total
Balance - December 31, 2018
$
(7,770
)
 
$
(5,738
)
 
$
(26,359
)
 
$
(39,867
)
Other comprehensive income (loss) activity during the year:
 
 
 
 
 
 
 
   Change in AOCI/L before reclassifications to income
(36,949
)
 
(3,011
)
 
4,169

 
(35,791
)
   Reclassifications from AOCI/L to income (2), (3)
(2,445
)
 
165

 

 
(2,280
)
Other comprehensive income (loss) for the year
(39,394
)
 
(2,846
)
 
4,169

 
(38,071
)
Balance - December 31, 2019
$
(47,164
)
 
$
(8,584
)
 
$
(22,190
)
 
$
(77,938
)

Year Ended December 31, 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

Adoption of ASU No. 2018-02 (4)
591

 

 

 
591

Other comprehensive income (loss) activity during the year:
 
 
 
 
 
 
 
   Change in AOCI/L before reclassifications to income
(9,447
)
 

 
29,066

 
19,619

   Reclassifications from AOCI/L to income (2), (3), (5)
(1,397
)
 
123

 
(60,311
)
 
(61,585
)
Other comprehensive income (loss) for the year
(10,844
)
 
123

 
(31,245
)
 
(41,966
)
Balance - December 31, 2018
$
(7,770
)
 
$
(5,738
)
 
$
(26,359
)
 
$
(39,867
)
 
(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 6 – Debt and Note 13 – Derivatives and Hedging for information regarding the cash flow hedges.
(3) The reclassifications related to defined benefit pension plans were primarily recorded in Selling, general and administrative expense, net of tax effect. See Note 15 – Employee Benefits for information regarding the Company’s defined benefit pension plans.
(4) See Note 1 – Business and Significant Accounting Policies for additional information regarding the Company's adoption of ASU No. 2018-02.
(5) The reclassification related to foreign currency translation adjustments in 2018 was recorded in (Loss) gain from divested operations. See Note 2 – Acquisitions and Divestitures for information regarding our divestitures in 2018.