(EUR thousand except for share data) | Notes | Number of common shares outstanding | Common shares | Capital in excess of par value | Treasury shares at cost | Retained earnings | Other reserves 1 | Total equity | ||||||||
Balance as of January 1, 2016 | 61,706,387 | 2,552 | 221,868 | (84,000) | 1,606,666 | 190,763 | 1,937,849 | |||||||||
Net earnings | – | – | – | – | 135,471 | – | 135,471 | |||||||||
Other comprehensive income | 11 | – | – | – | – | – | 38,725 | 38,725 | ||||||||
Total comprehensive income (loss) | – | – | – | – | 135,471 | 38,725 | 174,196 | |||||||||
Dividend paid to common shareholders | – | – | – | – | (42,673) | – | (42,673) | |||||||||
Compensation expense share-based payments | 12 | – | – | 8,387 | – | – | – | 8,387 | ||||||||
Exercise stock options out of treasury shares | 720,572 | – | (2,591) | 27,836 | (10,536) | – | 14,709 | |||||||||
Vesting restricted shares out of treasury shares | 12 | 55,041 | – | (1,827) | 1,827 | – | – | – | ||||||||
Purchase of common shares | 11 | (2,666,157) | – | – | (97,140) | – | – | (97,140) | ||||||||
Other movements in investments in associates: | ||||||||||||||||
Dilution | 6 | – | – | – | – | 2,814 | – | 2,814 | ||||||||
Balance as of December 31, 2016 | 59,815,843 | 2,552 | 225,837 | (151,477) | 1,691,742 | 229,488 | 1,998,142 | |||||||||
Net earnings | – | – | – | – | 452,402 | – | 452,402 | |||||||||
Other comprehensive income | 11 | – | – | – | – | – | (175,734) | (175,734) | ||||||||
Total comprehensive income (loss) | – | – | – | – | 452,402 | (175,734) | 276,668 | |||||||||
Dividend paid to common shareholders | – | – | – | – | (41,470) | – | (41,470) | |||||||||
Compensation expense share-based payments | 12 | – | – | 7,801 | – | – | – | 7,801 | ||||||||
Exercise stock options out of treasury shares | 12 | 626,939 | – | (10,612) | 23,904 | – | – | 13,292 | ||||||||
Vesting restricted shares out of treasury shares | 12 | 118,317 | – | (4,501) | 4,501 | – | – | – | ||||||||
Purchase of common shares | 11 | (4,420,946) | – | – | (243,527) | – | – | (243,527) | ||||||||
Cancellation of common shares out of treasury shares | 11 | – | (60) | – | 61,945 | (61,885) | – | – | ||||||||
Other movements in investments in associates: | ||||||||||||||||
Dilution | 6 | – | – | – | – | 606 | – | 606 | ||||||||
Balance as of December 31, 2017 | 56,140,153 | 2,492 | 218,525 | (304,654) | 2,041,395 | 53,754 | 2,011,512 |