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Shares Repurchased
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Shares Repurchased
23. Shares Repurchased
On April 24, 2019, the Company’s Board of Directors extended the term of the Company’s share repurchase program for three years through April 27, 2022. Included under this program are purchases to offset future equity grants made under the Company’s equity plans and purchases made in open market or privately negotiated transactions. This authority may be exercised from time to time, subject to the terms of the credit agreement described below and regulatory considerations. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, market conditions and other corporate liquidity requirements and priorities. The repurchase program may be suspended or terminated at any time without prior notice. Shares repurchased under this program are returned to the status of authorized and unissued on the Company’s books and records.
During the three and six months ended June 30, 2020, the Company repurchased 6,738,313 shares and 7,123,712 shares of its common stock, respectively, under this program for an aggregate cost of $24,949 and $26,444, respectively.
During the three and six months ended June 30, 2019, the Company repurchased 14,065 shares and 325,278 shares of its common stock, respectively, under this program for an aggregate cost of $102 and $2,107, respectively.
Shares repurchased under this program were returned to the status of authorized and unissued on the Company’s books and records. As of June 30, 2020, $56,945 remained under this program for future
re
purchases.