XML 27 R15.htm IDEA: XBRL DOCUMENT
v3.21.1

Shareholders' Equity | 3 Months Ended
--- | ---
Mar. 31, 2021
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 |  |
| March 31, |  |
| 2021 |  | 2020 |  |  |  |
Shares repurchased | 3.8 |  |  | 2.5 |  |  |  |  |
Aggregate purchase price | $ | 306.1 |  |  | $ | 80.0 |  |  |  |  |
Average purchase price per share | $ | 79.76 |  |  | $ | 31.95 |  |  |  |  |
As of March 31, 2021, $891.7 million remained available for share repurchases under the program. We have 5.0 million authorized shares of preferred stock, par value $0.01 per share, none of which are issued or outstanding. The Board of Directors has the authority to issue the preferred stock in one or more series and to establish the rights, preferences, and dividends of such preferred stock. A summary of shares of common stock issued in connection with the exercise of stock options follows:
| Three Months Ended |  |
| March 31, |  |
| 2021 |  | 2020 |  |  |  |
Shares issued | 0.4 |  |  | 0.1 |  |  |  |  |
Proceeds from the exercise of stock options | $ | 21.2 |  |  | $ | 1.0 |  |  |  |  |
Average exercise price per share | $ | 50.57 |  |  | $ | 18.12 |  |  |  |  |
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 |  |
| March 31, |  |
| 2021 |  | 2020 |  |  |  |
Shares issued | 0.6 |  |  | 0.5 |  |  |  |  |
Shares surrendered to AutoNation to satisfy tax withholding obligations | 0.2 |  |  | 0.2 |  |  |  |  |

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