XML 45 R31.htm IDEA: XBRL DOCUMENT v3.23.2
Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2023
Stockholders' Equity Note [Abstract]  
Shares Repurchased Under Stock Repurchase Program
A summary of shares repurchased under our stock repurchase program authorized by our Board of Directors follows:
Three Months EndedSix Months Ended
 June 30,June 30,
 2023202220232022
Shares repurchased1.6 3.7 4.0 7.2 
Aggregate purchase price (1)
$207.4 $403.9 $512.4 $784.9 
Average purchase price per share$132.44 $109.22 $128.76 $109.62 
(1) Excludes excise tax accrual imposed under the Inflation Reduction Act of $2.1 million and $4.6 million for the three and six months ended June 30, 2023, respectively.
Common Stock Issued With The Exercise Of Stock Options
A summary of shares of common stock issued in connection with the exercise of stock options follows:
Three Months EndedSix Months Ended
 June 30,June 30,
2023202220232022
Shares issued (in actual number of shares)3,861 32,064 30,996 54,460 
Proceeds from the exercise of stock options $0.2 $1.8 $1.5 $2.6 
Average exercise price per share$57.44 $54.63 $48.80 $47.88 
Shares Issued And Shares Surrendered To Satisfy Tax Withholdings In Connection With Restricted Stock Units
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 settlement of RSUs:
Three Months EndedSix Months Ended
 June 30,June 30,
(In actual number of shares)2023202220232022
Shares issued1,111 10,973 531,007 774,085 
Shares surrendered to AutoNation to satisfy tax withholding obligations
296 — 182,249 262,951