v3.20.1
STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2020
STOCKHOLDERS' EQUITY  
Schedule of the Dividends and Dividend Equivalents Paid

Amount per

Total Amount

    

    

    

Share of

    

Declared

Declaration Date

Record Date

Date Paid

Common Stock

(In millions)

February 26, 2020

March 9, 2020

March 23, 2020

$

0.03

$

3.2

Schedule of Stockholder's Equity

Condensed Consolidated Statements of Stockholders’ Equity

For the Three Months Ended March 31, 2020

Accumulated

Class A Voting

Class B Voting

Additional

Other

Accumulated

Total

Common Stock

Common Stock

Paid-in

Treasury Stock

Comprehensive

Earnings

Stockholders’

(In millions, except share and per share data)

    

Shares

    

Amount

    

Shares

    

Amount

    

Capital

Shares

    

Amount

    

Loss

    

(Deficit)

    

Equity (Deficit)

Balances December 31, 2019

52,080,077

$

0.5

51,769,784

$

0.5

$

2,001.9

3,732,625

$

(56.4)

$

(26.1)

$

(706.2)

$

1,214.2

Cumulative effect adjustment for the adoption of new accounting principle (ASU 2016-13)

(16.9)

(16.9)

Net loss

(2,176.3)

(2,176.3)

Other comprehensive loss

(93.5)

(93.5)

Dividends declared:

Class A common stock, $0.20/share, net of forfeitures

(1.6)

(1.6)

Class B common stock, $0.20/share

(1.6)

(1.6)

Taxes paid for restricted unit withholdings

(1.0)

(1.0)

Stock-based compensation

469,516

2.7

2.7

Balances March 31, 2020

52,549,593

$

0.5

51,769,784

$

0.5

$

2,003.6

3,732,625

$

(56.4)

$

(119.6)

$

(2,902.6)

$

(1,074.0)

Condensed Consolidated Statements of Stockholders’ Equity

For the Three Months Ended March 31, 2019

Accumulated

Class A Voting

Class B Voting

Additional

Other

Accumulated

Total

Common Stock

Common Stock

Paid-in

Treasury Stock

Comprehensive

Earnings

Stockholders’

(In millions, except share and per share data)

    

Shares

    

Amount

    

Shares

    

Amount

    

Capital

Shares

    

Amount

    

Income (Loss)

    

(Deficit)

    

Equity

Balances December 31, 2018

55,401,325

$

0.5

51,769,784

$

0.5

$

1,998.4

3,732,625

$

(56.4)

$

5.5

$

(550.9)

$

1,397.6

Cumulative effect adjustments for the adoption of new accounting principle (ASU 842)

78.8

78.8

Net loss

(130.2)

(130.2)

Other comprehensive income

(24.9)

(24.9)

Dividends declared:

Class A common stock, $0.20/share

(10.7)

(10.7)

Class B common stock, $0.20/share

(10.4)

(10.4)

Taxes paid for restricted unit withholdings

(1.1)

(1.1)

Reclassification from temporary equity

75,712

0.4

0.4

Stock-based compensation

328,904

4.0

4.0

Balances March 31, 2019

55,805,941

$

0.5

51,769,784

$

0.5

$

2,001.7

3,732,625

$

(56.4)

$

(19.4)

$

(623.4)

$

1,303.5