XML 41 R26.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Repurchases Of Common Stock | 12 Months Ended
--- | ---
Dec. 31, 2016
Repurchases Of Common Stock [Abstract] |
Repurchases Of Common Stock | NOTE 18. REPURCHASES OF COMMON STOCK ﻿ Our Board of D irectors has authorized the repurchase of up to 65,000,000 shares of our common stock in the open market or in negotiated transactions pursuant to the Company’s share repurchase program. We believe that the repurchase of our common stock is a favorable means of returning value to our shareholders, and we also repurchase to offset the dilutive effect of our share-based compensation programs. Repurchases of our common stock may vary d epending upon the level of other investing activities and the shar e price. As of December 31, 2016, there are 3,735,508 re maining shares available for repurchase under this authorization. ﻿ We primarily acquire shares by means of repurchases in the open market. However, we also acquire shares that are sur rendered 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. ﻿ The following is a summary of our open market common stock repurchases and shares acquired through employee surrender for the years ended December 31, 2016, 201 5 and 201 4 (in thousands, except per share amounts): ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | For the Years Ended December 31,
﻿ |  | 2016 |  | 2015 |  | 2014
﻿ |  |  |  |  |  |  |  |  |
﻿Share repurchases during the period(1) |  |  | 3,071 |  |  | 5,659 |  |  | 9,761
﻿Shares acquired through employee surrender(1) |  |  | 60 |  |  | 69 |  |  | 92
﻿Total shares repurchased(1) |  |  | 3,131 |  |  | 5,728 |  |  | 9,853
﻿ |  |  |  |  |  |  |  |  |
﻿Cost of share repurchases during the period |  | $ | 313,072 |  | $ | 406,430 |  | $ | 618,158
﻿Cost of employee surrenders |  |  | 4,372 |  |  | 5,457 |  |  | 5,809
﻿Total cost of shares repurchased |  | $ | 317,444 |  | $ | 411,887 |  | $ | 623,967
﻿ |  |  |  |  |  |  |  |  |
﻿Average cost per share |  | $ | 101.40 |  | $ | 71.90 |  | $ | 63.32
﻿
| (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 2015 two-for-one stock split. Actual shares repurchased were approximately 4,313,000 and 4,927,000 for the years ended December 31, 2015 and 2014, respectively.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_TreasuryStockTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration