Statement of Changes in Equity

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Statement of Changes in Equity

STATEMENT OF CHANGES IN EQUITY

The following tables presents the changes in total stockholders' equity during the three and nine months ended September 30, 2018 (in thousands):

	Common Stock			Additional Paid In Capital		Retained Earnings		Accumulated Other Comprehensive (loss) income			Common Stock in Treasury					Total Equity
	Shares	Amount									Shares		Amount
Balance at June 30, 2018	307,662	$	308	$	5,116,339	$	3,893,354	$	(18,718	)	(172,244	)	$	(8,355,107	)	$	636,176
Shares issued under stock-based compensation plans	110	—		50		—		—			—		—			50
Stock-based compensation expense	—	—		52,739		—		—			—		—			52,739
Temporary equity reclassification	—	—		8,796		—		—			—		—			8,796
Common stock issued under employee stock purchase plan	209	—		16,004		—		—			—		—			16,004
Stock repurchases, net	—	—		—		—		—			(1,046	)	(116,175		)	(116,175		)
Restricted shares turned in for tax withholding	—	—		—		—		—			(32	)	(3,654		)	(3,654		)
Other comprehensive income, net of tax	—	—		—		—		427			—		—			427
Net income	—	—		—		158,857		—			—		—			158,857
Balance at September 30, 2018	307,981	$	308	$	5,193,928	$	4,052,211	$	(18,291	)	(173,322	)	$	(8,474,936	)	$	753,220

	Common Stock			Additional Paid In Capital			Retained Earnings		Accumulated Other Comprehensive (loss) income			Common Stock in Treasury					Total Equity
	Shares	Amount										Shares		Amount
Balance at December 31, 2017	305,751	$	306	$	4,883,670		$	3,509,484	$	(10,806	)	(162,044	)	$	(7,390,193	)	$	992,461
Shares issued under stock-based compensation plans	1,769	2		162			—		—			—		—			164
Stock-based compensation expense	—	—		145,920			—		—			—		—			145,920
Temporary equity reclassification	—	—		(19,286		)	—		—			—		—			(19,286		)
Common stock issued under employee stock purchase plan	461	—		33,462			—		—			—		—			33,462
Stock repurchases, net	—	—		150,000			—		—			(10,708	)	(1,031,154		)	(881,154		)
Restricted shares turned in for tax withholding	—	—		—			—		—			(570	)	(53,589		)	(53,589		)
Other comprehensive income, net of tax	—	—		—			—		(7,485		)	—		—			(7,485		)
Cumulative-effect adjustment from adoption of accounting standards	—	—		—			132,778		—			—		—			132,778
Net income	—	—		—			409,949		—			—		—			409,949
Balance at September 30, 2018	307,981	$	308	$	5,193,928		$	4,052,211	$	(18,291	)	(173,322	)	$	(8,474,936	)	$	753,220

The following tables presents the changes in total stockholders' equity during the three and nine months ended September 30, 2017 (in thousands):

	Common Stock			Additional Paid In Capital		Retained Earnings		Accumulated Other Comprehensive (loss) income			Common Stock in Treasury					Total Equity
	Shares	Amount									Shares		Amount
Balance at June 30, 2017	304,891	$	305	$	4,922,187	$	3,663,732	$	(8,779	)	(153,687	)	$	(6,695,744	)	$	1,881,701
Shares issued under stock-based compensation plans	259	—		603		—		—			—		—			603
Stock-based compensation expense	—	—		46,631		—		—			—		—			46,631
Common stock issued under employee stock purchase plan	286	—		25,433		—		—			—		—			25,433
Stock repurchases, net	—	—		—		—		—			(985	)	(74,956		)	(74,956		)
Restricted shares turned in for tax withholding	—	—		—		—		—			(135	)	(10,633		)	(10,633		)
Other comprehensive income, net of tax	—	—		—		—		112			—		—			112
Net income	—	—		—		126,720		—			—		—			126,720
Balance at September 30, 2017	305,436	$	305	$	4,994,854	$	3,790,452	$	(8,667	)	(154,807	)	$	(6,781,333	)	$	1,995,611

	Common Stock			Additional Paid In Capital			Retained Earnings			Accumulated Other Comprehensive (loss) income			Common Stock in Treasury					Total Equity
	Shares	Amount											Shares		Amount
Balance at December 31, 2016	302,851	$	303	$	4,761,588		$	4,010,737		$	(28,704	)	(146,552	)	$	(6,135,197	)	$	2,608,727
Shares issued under stock-based compensation plans	2,299	2		2,091			—			—			—		—			2,093
Stock-based compensation expense	—	—		121,405			—			—			—		—			121,405
Temporary equity reclassification	—	—		79,494			—			—			—		—			79,494
Common stock issued under employee stock purchase plan	286	—		25,433			—			—			—		—			25,433
Stock repurchases, net	—	—		—			—			—			(7,384	)	(574,957		)	(574,957		)
Restricted shares turned in for tax withholding	—	—		—			—			—			(871	)	(71,179		)	(71,179		)
Cumulative-effect adjustment from adoption of accounting standard on stock-based compensation	—	—		5,691			(5,303		)	—			—		—			388
Distribution of the net assets of the GoTo Business	—	—		—			(478,152		)	13,400			—		—			(464,752		)
Other comprehensive income, net of tax	—	—		—			—			6,637			—		—			6,637
Other	—	—		(848		)	—			—			—		—			(848		)
Net income	—	—		—			263,170			—			—		—			263,170
Balance at September 30, 2017	305,436	$	305	$	4,994,854		$	3,790,452		$	(8,667	)	(154,807	)	$	(6,781,333	)	$	1,995,611

Subsequent Event

On October 24, 2018, the Company announced that its Board of Directors approved a quarterly cash dividend of $0.35 per share to be paid on December 21, 2018 to all shareholders of record as of the close of business on December 7, 2018. Future dividend declarations, if any, as well as the record and payment dates for such dividends, are subject to the final determination of the Company’s Board of Directors.