Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.6.0.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Schedule of advertising costs expensed
Years ended December 31,   2016     2015     2014  
(in thousands)                  
Advertising   $ 61,258     $ 57,705     $ 54,909  
Schedule of cash and cash equivalents
At December 31,   2016     2015  
(in thousands) (in US dollars)            
Cash held in foreign bank accounts   $ 54,424     $ 34,816  
Schedule of depreciation and amortization expense
Years ended December 31,   2016     2015     2014  
(in thousands)                  
Depreciation   $ 24,725     $ 19,354     $ 16,627  
Reconciliation of weighted average shares outstanding along with the earnings per share attributable to restricted shares of common stock (participating securities)
Years Ended December 31,   2016     2015     2014  
Net income available to stockholders   $ 167,369     $ 152,149     $ 137,664  
Less:  Dividends paid                        
Common Stock     (107,880 )     (90,631 )     (74,704 )
Restricted shares of common stock     (1,122 )     (1,124 )     (1,046 )
Undistributed earnings for the period   $ 58,367     $ 60,394     $ 61,914  
                         
Allocation of undistributed earnings:                        
Common stock   $ 57,722     $ 59,611     $ 61,001  
Restricted shares of common stock     645       783       913  
Basic and diluted shares outstanding:                        
Common stock     215,831       215,749       215,470  
Restricted shares of common stock     2,413       2,834       3,225  
      218,244       218,583       218,695  
Basic and diluted earnings per share:                        
Common stock:                        
Distributed earnings   $ 0.50     $ 0.42     $ 0.35  
Undistributed earnings     0.27       0.28       0.28  
    $ 0.77     $ 0.70     $ 0.63  
Restricted shares of common stock                        
Distributed earnings   $ 0.46     $ 0.40     $ 0.32  
Undistributed earnings     0.27       0.28       0.28  
    $ 0.73     $ 0.68     $ 0.60