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Repurchases Of Common Stock | 3 Months Ended
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Mar. 31, 2016
Repurchases Of Common Stock [Abstract] |
Repurchases Of Common Stock | Note 9. Repurchases of common STOCK ﻿ We primarily acquire shares by means of repurchases in the open market. However, we also acquire shares tha t are surrendered by employees in payment for the minimum required withholding taxes due on the vesting of restricted stock units and the settlement of deferred stock units, otherwise referred to herein as employee surrenders. ﻿ We issue shares of treasury stock upon the vesting of certain restricted stock units and upon the exercise of certain stock options. The number of shares of treasury st ock issued during both the three months ended March 31, 2016 and 201 5 was not material. ﻿ The following is a summary of our open market common stock repurchases, reported on a trade date basis, and shares acquired through employee surrender for the three months ended March 31, 201 6 and 201 5 (in thousands, except per share amounts): ﻿
﻿ |  |  |  |  |  |
﻿ |  | March 31, |  | March 31,
﻿ |  | 2016 |  | 2015
﻿ |  |  |  |  |  |
﻿Shares repurchased(1) |  |  | 708 |  |  | 1,718
﻿Shares acquired through employee surrender(1) |  |  | 52 |  |  | 61
﻿Total shares repurchased(1) |  |  | 760 |  |  | 1,779
﻿ |  |  |  |  |  |
﻿Cost of shares repurchased |  | $ | 49,715 |  | $ | 133,647
﻿Cost of employee surrenders |  |  | 3,529 |  |  | 4,866
﻿Total cost of shares repurchased |  | $ | 53,244 |  | $ | 138,513
﻿ |  |  |  |  |  |
﻿Average cost per share |  | $ | 70.06 |  | $ | 77.85
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| (1) |  | Shares repurchased and acquired through employee surrender for payment of minimum required withholding taxes on and before June 15, 2015 and the associated average cost per share have been adjusted to reflect the June 15, 2015 two-for-one stock split. Actual shares repurchased were approximately 890,000 for the three months ended March 31, 2015.
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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References No definition available. + Details
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