XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.20.2

Shareholders' Equity | 9 Months Ended
--- | ---
Sep. 30, 2020
Stockholders' Equity Note [Abstract] |
Shareholders' Equity | SHAREHOLDERS’ EQUITY A summary of shares repurchased under our stock repurchase program authorized by our Board of Directors follows:
| Three Months Ended |  |  |  | Nine Months Ended |  |
| September 30, |  |  |  | September 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Shares repurchased | — |  |  | — |  |  | 2.5 |  |  | 1.3
Aggregate purchase price | $ | — |  |  | $ | — |  |  | $ | 80.0 |  |  | $ | 44.7 |
Average purchase price per share | $ | — |  |  | $ | — |  |  | $ | 31.95 |  |  | $ | 35.51 |
In October 2020, our Board of Directors increased the share repurchase authorization to $500 million. A summary of shares of common stock issued in connection with the exercise of stock options follows:
| Three Months Ended |  |  |  | Nine Months Ended |  |
| September 30, |  |  |  | September 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Shares issued | 0.6 |  |  | 0.1 |  |  | 0.7 |  |  | 0.2 |
Proceeds from the exercise of stock options | $ | 30.5 |  |  | $ | 4.9 |  |  | $ | 31.5 |  |  | $ | 8.0 |
Average exercise price per share | $ | 48.86 |  |  | $ | 35.61 |  |  | $ | 46.37 |  |  | $ | 33.70 |
The following table presents a summary of shares of common stock issued in connection with the settlement of RSUs, as well as shares surrendered to AutoNation to satisfy tax withholding obligations in connection with the vesting of restricted stock and settlement of RSUs:
| Three Months Ended |  |  |  | Nine Months Ended |  |
| September 30, |  |  |  | September 30, |  |
(In actual number of shares) | 2020 |  | 2019 |  | 2020 |  | 2019
Shares issued | 10,896 |  |  | 2,045 |  |  | 512,917 |  |  | 306,346 |
Shares surrendered to AutoNation to satisfy tax withholding obligations | 4,288 |  |  | 899 |  |  | 190,888 |  |  | 85,331 |

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

X
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration