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Note 17 - Subsequent Events
 3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Subsequent Events [Text Block]

17. Subsequent Events:

 

In March 2021, we entered into an additional ASR agreement with Citibank, N.A. to repurchase shares of our common stock for an aggregate purchase price of $125.0 million. Upon payment of the aggregate purchase price on April 1, 2021, we received an initial delivery of 565,963 shares of our common stock at a price of $176.69 per share, representing approximately $100.0 million of the aggregate purchase price. Upon the final settlement of the ASR agreement in June 2021, we may be entitled to receive additional shares of our common stock or, under certain limited circumstances, be required to deliver shares to the counter-party. See Note 11. Stockholders' Equity for further discussion.

 

On May 3, 2021, we repaid the 5.800% senior notes in full in the amount of $450.0 million utilizing a combination of $250.0 million in borrowings from the Credit Facility and cash from operations.  

 

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