Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity

v3.2.0.727
Stockholders' Equity
 6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Stockholders' Equity

(3)

STOCKHOLDERS’ EQUITY

During the three months ended June 30, 2015, 818,910 shares of Class B common stock were converted into shares of Class A common stock. During the three months ended June 30, 2014, 289,480 shares of Class B common stock were converted into shares of Class A common stock. During the six months ended June 30, 2015, 1,074,432 shares of Class B common stock were converted into shares of Class A common stock. During the six months ended June 30, 2014, 299,776 shares of Class B common stock were converted into shares of Class A common stock.

The following table reconciles equity attributable to noncontrolling interests (in thousands):

 

 

 

Six Months Ended June 30,

 

 

 

2015

 

 

2014

 

Non-controlling interests, beginning of period

 

$

58,858

 

 

$

49,598

 

Net earnings attributable to non-controlling interests

 

 

12,861

 

 

 

5,494

 

Foreign currency translation adjustment

 

 

(209

)

 

 

25

 

Capital contribution by non-controlling interests

 

 

485

 

 

 

83

 

Capital distribution to non-controlling interests

 

 

(2,350

)

 

 

(1,975

)

Non-controlling interests, end of period

 

$

69,645

 

 

$

53,225