Stock Repurchase Program	12 Months Ended
Dec. 31, 2019
Stock Repurchase Program
Stock Repurchase Program	Note 19—Stock Repurchase Program In February 2004, we announced a program with no formal expiration date to repurchase up to 250,000 of our common shares. In March 2017, the Board of Directors approved and reset the number of shares available to be repurchased under the 2004 stock repurchase program to 1,000,000, all of which had been repurchased as of December 31, 2018. In January 2019, the Board of Directors approved a new program (“2019 repurchase program”) to repurchase up to an additional 1,000,000 of our common shares, all of which had been repurchased as of June 30, 2019. In June 2019, the Board of Directors authorized an additional 2,000,000 of our common shares to be repurchased under the 2019 repurchase program, however we are not obligated to repurchase any additional shares under the 2019 repurchase program. As of December 31, 2019, we have repurchased 1,165,000 shares of the 2,000,000 approved in June 2019 at an average price per share of $74.72 per share (excluding commission expense). In 2019, the Company repurchased a total of 2,165,000 shares for $156.9 million or $72.49 per share (excluding commission expense). In 2018, the Company repurchased a total of 1,000,000 shares for $68.4 million or $68.40 per share (excluding commission expense). Under other arrangements where directors or officers surrendered currently owned shares to the Company to acquire proceeds for exercising stock options or paying taxes on currently vesting restricted stock, the Company repurchased 35,674, 25,251, and 61,125 shares at a cost of $2.5 million, $2.2 million, and $5.5 million in 2019, 2018, and 2017, respectively.

Stock Repurchase Program

12 Months Ended

Dec. 31, 2019

Note 19—Stock Repurchase Program

In February 2004, we announced a program with no formal expiration date to repurchase up to 250,000 of our common shares. In March 2017, the Board of Directors approved and reset the number of shares available to be repurchased under the 2004 stock repurchase program to 1,000,000, all of which had been repurchased as of December 31, 2018. In January 2019, the Board of Directors approved a new program (“2019 repurchase program”) to repurchase up to an additional 1,000,000 of our common shares, all of which had been repurchased as of June 30, 2019. In June 2019, the Board of Directors authorized an additional 2,000,000 of our common shares to be repurchased under the 2019 repurchase program, however we are not obligated to repurchase any additional shares under the 2019 repurchase program. As of December 31, 2019, we have repurchased 1,165,000 shares of the 2,000,000 approved in June 2019 at an average price per share of $74.72 per share (excluding commission expense). In 2019, the Company repurchased a total of 2,165,000 shares for $156.9 million or $72.49 per share (excluding commission expense). In 2018, the Company repurchased a total of 1,000,000 shares for $68.4 million or $68.40 per share (excluding commission expense).

Under other arrangements where directors or officers surrendered currently owned shares to the Company to acquire proceeds for exercising stock options or paying taxes on currently vesting restricted stock, the Company repurchased 35,674, 25,251, and 61,125 shares at a cost of $2.5 million, $2.2 million, and $5.5 million in 2019, 2018, and 2017, respectively.