Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v2.4.0.8
Stockholders' Equity
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Stockholders' Equity
(8) STOCKHOLDERS’ EQUITY

During the three months ended September 30, 2014, no shares of Class B common stock were converted into shares of Class A common stock. During the nine months ended September 30, 2014, 299,776 shares of Class B common stock were converted into shares of Class A common stock. During the three months ended September 30, 2013, 88,160 shares of Class B common stock were converted into shares of Class A common stock. During the nine months ended September 30, 2013, 104,396 shares of Class B common stock were converted into shares of Class A common stock.

The following table reconciles equity attributable to non-controlling interests (in thousands):

 

     Nine Months Ended September 30,  
     2014     2013  

Non-controlling interests, beginning of period

    $ 49,598      $ 43,120   

Net earnings attributable to non-controlling interests

      9,450        4,144   

Foreign currency translation adjustment

      (138 )      (15 ) 

Capital contribution by non-controlling interests

      83        3,635   

Capital distribution to non-controlling interests

      (3,250 )      (2,575 ) 
  

 

 

    

 

 

  

Non-controlling interests, end of period

    $ 55,743      $ 48,309