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Common Stock
9 Months Ended
Sep. 30, 2022
Stockholders' Equity Note [Abstract]  
Common Stock Common Stock        
As of September 30, 2022 and December 31, 2021, there were 47,647,114 and 53,299,738 shares of our common stock outstanding, respectively.
During the three months ended September 30, 2022 and 2021, we issued 19,573 and 18,528 shares of common stock, respectively. During the nine months ended September 30, 2022 and 2021, we issued 191,330 and 145,815 shares of common stock, respectively. These shares were issued upon either the satisfaction of required conditions under our share-based compensation plans or the purchase of common stock pursuant to our employee stock purchase plan.
We have paid quarterly dividends since October 25, 2011. Commencing with the dividend to be paid on October 31, 2022, our dividend will increase from $0.13 per share to $0.15 per share.
In September 2011, our Board of Directors (the “Board”) authorized a share repurchase program allowing us to begin repurchasing shares of our outstanding common stock. Subsequently, the Board has from time to time increased the amount authorized for repurchases under such program. Since the inception of the repurchase program, the Board has authorized us to repurchase up to $2.15 billion of our outstanding common stock. During the nine months ended September 30, 2022, we repurchased approximately 5.8 million shares of our common stock for approximately $660.6 million. Since the inception of the repurchase program through September 30, 2022, we have repurchased approximately 25.0 million shares of our common stock for approximately $1.76 billion. As of September 30, 2022, there remained authorization for us to repurchase approximately $389.8 million of our shares. The repurchase program has no expiration date, does not obligate the Company to acquire any particular amount of common stock, and may be suspended, recommenced, or discontinued at any time or from time to time without prior notice. We may repurchase our shares from time to time to the extent permitted by securities laws and other legal requirements, including provisions in our 2020 Credit Agreement placing limitations on such repurchases.