Annual report pursuant to Section 13 and 15(d)

Basis of Presentation (Tables)

v2.4.0.8
Basis of Presentation (Tables)
 12 Months Ended
Dec. 31, 2013
Accounting Policies [Abstract]  
Components of Accumulated Other Comprehensive Income (Loss)

Components of accumulated other comprehensive income (loss) consisted of the following (in thousands):

 

     December 31,  
     2013     2012     2011  

Foreign currency translation adjustment, net of tax

    $ (25,636 )    $ (28,788 )    $ (38,609 ) 

Unrealized gain/(loss) on derivatives, net of tax

      5,747        (2,907 )      800   

Unrealized gain on available-for-sale investments, net of tax

      95        —        —   
  

 

 

    

 

 

    

 

 

  

Total accumulated other comprehensive income (loss)

    $ (19,794 )    $ (31,695 )    $ (37,809 ) 
  

 

 

    

 

 

    

 

 

  
Common Share Amounts Used to Compute Basic and Diluted Earnings Per Share

The following are the common share amounts used to compute the basic and diluted earnings per share for each period (in thousands):

 

     Year Ended December 31,  
     2013      2012      2011  

Weighted average shares used in basic computations

      102,620         112,359         117,540   

Dilutive effect of exercise of equity grants outstanding

      4,825         5,457         7,046   

Dilutive effect of warrants

      —         40         260   
  

 

 

     

 

 

     

 

 

  

Weighted average shares used in diluted computations

      107,445         117,856         124,846   
  

 

 

     

 

 

     

 

 

  
Investments in Venezuelan Bonds

The Company’s investments in these bonds as of December 31, 2013 are summarized as follows:

 

     Amortized
Costs		      Gross
Unrealized
Gain		      Gross
Unrealized
Loss		      Net
Unrealized
Gain		      Market
Value		  
     (In thousands)  

Investments in Venezuelan bonds

    $ 4,042       $ 146       $ —       $ 146       $ 4,188   
Schedule of Amortized Cost and Estimated Fair Value of Bonds by Contractual Maturity

The amortized cost and estimated fair value of these bonds as of December 31, 2013 by contractual maturity are as follows:

 

     Amortized Cost      Estimated
Market Value		  
     (In thousands)  

Contractual Maturity

   

Due in 1 year or less

    $ —       $ —   

Due in 1-2 years

      —         —   

Due in 2-5 years

      —         —   

Due after 5 years

      4,042         4,188   
  

 

 

     

 

 

  

Total investments

    $ 4,042       $ 4,188