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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Activity Relating to Common Shares and Contingently Redeemable Common Shares

The following table summarizes the activity relating to shares of the Company’s common stock and contingently redeemable common stock during the three months ended March 31, 2016 (in thousands):

 

 

Issued

 

 

Treasury

 

 

Outstanding

 

 

Shares

 

 

Shares

 

 

Shares

 

Balance, as of December 31, 2015

 

45,525

 

 

 

(10,415

)

 

 

35,110

 

Shares repurchased

 

 

 

 

(100

)

 

 

(100

)

Shares acquired through cashless exercise (1)

 

 

 

 

(210

)

 

 

(210

)

Shares cancelled

 

(210

)

 

 

210

 

 

 

 

Balance, as of March 31, 2016

 

45,315

 

 

 

(10,515

)

 

 

34,800

 

 

(1)

All shares acquired represent shares tendered to cover the strike price for options and tax withholdings on the intrinsic value of options exercised or restricted stock vested. These shares have been cancelled by the Company.