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Stock Repurchases
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Stock Repurchases
STOCK REPURCHASES

The following table summarizes our stock repurchases for the three months ended March 31, 2017 and 2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
 
For the Three Months Ended March 31,
 
 
2017
 
2016
Stock Repurchases
 
Number of Shares Repurchased
 
Cost
 
Number of Shares Repurchased
 
Cost
Open Market (1)
 
506,843

 
$
101.4

 
45,300

 
$
7.6

Other (2)
 
21,680

 
4.4

 
170,668

 
33.2

Total
 
528,523

 
$
105.8

 
215,968

 
$
40.8



(1)
Represents repurchases under authorizations by the board of directors for the repurchase of shares by us from time to time in the open market or in privately negotiated transactions. On February 13, 2017, the board of directors authorized the repurchase of up to one million shares of our common stock in addition to the board’s prior authorizations. As of March 31, 2017, we had authorization to repurchase 857,945 shares of our common stock.
(2)
Represents shares of common stock released to us by team members as payment of tax withholdings upon the vesting of restricted stock and restricted stock units and the conversion of restricted stock units to common stock.