Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2015

The following table summarizes our common share repurchases and issuances.



	Three Months Ended June 30,				Six Months Ended June 30,
(Shares and per share amounts in actuals)	2015		2014		2015		2014
Shares repurchased related to employee stock-based compensation plans⁽¹⁾⁽²⁾	1,374,997		358,771		2,764,093		358,771
Average purchase price per share	$	10.14	$	8.62	$	9.80	$	8.62
Common shares issued⁽³⁾	2,077,235		504,929		5,208,074		504,929

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⁽¹⁾	Comprises shares withheld from stock option exercises and vesting of restricted stock for employees’ tax withholding obligations and shares tendered by employees to satisfy option exercise costs.


⁽²⁾	At the present time, we do not have a publicly announced repurchase plan or program.


⁽³⁾	Common shares issued under our various compensation and benefit plans.

Schedule of Net Transfers (to) from Navient

The components of the net transfers (to)/from the entity that is now a subsidiary of Navient for the three and six months ended June 30, 2014 are summarized below:



	Three Months Ended			Six Months Ended
	June 30,			June 30,
	2014			2014
Capital contributions:
Loan origination activities	$	7,184		$	32,452
Loan sales	—			45
Corporate overhead activities	3,461			21,216
Other	491,936			492,368
Total capital contributions	502,581			546,081
Corporate push-down	(761		)	4,977
Net change in income tax accounts	—			15,659
Net change in receivable/payable	(39,655		)	(87,277		)
Other	—			(31		)
Total net transfers from the entity that is now a subsidiary of Navient	$	462,165		$	479,409