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Subsequent Events | 3 Months Ended
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Mar. 31, 2013
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Dividend Declaration. On April 15, 2013, the Company announced that its Board of Directors declared a cash dividend of $0.30 per common share or $5.8 (including dividend equivalents), which will be paid on or about May 15, 2013 to stockholders of record at the close of business on April 25, 2013. Anti-dilution Adjustments to Convertible Notes and Convertible Note Hedge Transactions. Upon the payment of the quarterly dividend declared on April 15, 2013, (a) the Convertible Notes’ c onversion rate will be 20.7522 shares per $1,000 principal amount of the Convertible Notes and the equivalent conversion price will be $48.19 per share, (b) the Call Options’ exercise price will be approximately $48.19 per share, and (c) the Warrants’ exercise price will be $61.19 per share. Stock Repurchase Authorization. In April 2013, the Company’s Board of Directors authorized an additional $75.0 for stock repurchases under the existing stock repurchase program. Subsequent to March 31, 2013 and through April 19, 2013, the Company repurchased 210,835 shares of its common stock at a weighted average price of $60.94 per share. On April 19, 2013, $92.8 remained available for future repurchases under the stock repurchase program.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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