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Stock Repurchases

9 Months Ended

Sep. 30, 2015

Equity [Abstract]

Stock Repurchases

Stock Repurchases

In August 2012, our Board of Directors authorized a program (the "2012 Stock Repurchase Program") to repurchase up to $50.0 million of common stock, of which approximately $45.1 million had been repurchased as of December 31, 2014, and the remaining $4.9 million has been repurchased as of the second quarter of 2015 and the 2012 Stock Repurchase Program was concluded. In November 2014, our Board of Directors authorized a program (the "2014 Stock Repurchase Program") to repurchase up to $50.0 million of common stock of which approximately $45.1 million had been repurchased as of September 30, 2015. The 2014 Stock Repurchase Program has a total of $4.9 million remaining for future repurchases as of September 30, 2015, and the program has no expiration date.

During the nine months ended September 30, 2015, we repurchased approximately 1,424 thousand shares under our stock repurchase programs.

The following table summarizes our stock repurchases:

	September 30, 2015				December 31, 2014
	(In thousands, except per share data)
Total number of shares repurchased	1,424				884
Dollar amount of shares repurchased	$	50,020			$	24,091
Average price paid per share	$	35.13			$	27.24

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The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

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