Subsequent Events - Redemption of Non-Controlling Interest

6 Months Ended

Jun. 30, 2018

Subsequent Events [Abstract]

Subsequent Events - Redemption of Non-Controlling Interest

Note 23 – Subsequent Events – Redemption of Non-Controlling Interest

On August 7, 2018, the company purchased 447,821 shares of the noncontrolling interest in our European operations at a price of 63.59 Euro per share (consisting of the price of 62.18 Euro plus interest as provided under the DPLTA) for a total purchase price of 28.5 million Euro, or approximately $33.2 million (at an exchange rate of 1.1666). As a result, the company now owns 97.8 percent of the outstanding shares.