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Repurchases of Common Stock
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Repurchases Of Common Stock REPURCHASES OF COMMON STOCK
We primarily acquire shares by repurchases in the open market. However, we also acquire shares that are surrendered by employees in payment for the minimum required statutory 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 stock issued during the three and nine months ended September 30, 2022 and 2021 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:
(in thousands, except per share amounts)
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2022202120222021
  
Shares repurchased in the open market453 274 1,764 892 
Shares acquired through employee surrender for statutory tax withholding— 21 29 
Total shares repurchased453 275 1,785 921 
Cost of shares repurchased in the open market$166,423 $183,315 $742,661 $510,937 
Cost of shares for employee surrenders162 515 10,552 15,501 
Total cost of shares$166,585 $183,830 $753,213 $526,438 
Average cost per share - open market repurchases$367.55 $668.33 $421.12 $572.10 
Average cost per share - employee surrenders$387.07 $688.35 $502.26 $547.90 
Average cost per share - total$367.56 $668.38 $422.07 $571.36