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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Cumulative Convertible Preferred Stock
The following table provides certain information for the convertible Series A preferred stock as of the dates presented (in thousands, except conversion factor):
 
 
 
As of December 31,
 
 
2019
 
2018
Shares issued and outstanding
 
10

 
10

Conversion factor
 
2.50

 
2.50

Common shares resulting if converted
 
25

 
25


Schedule of Shares Repurchased The following table presents repurchases of the Company’s common stock for the periods presented (in thousands, except total number of shares repurchased and per share data):
 
 
 
 
 
Total Number of Shares
 
 
 
Average
 
 
 
 
 
 
Dollar
Repurchased During the Year
 
Aggregate
 
Price per
 
 
 
 
Expiration
 
Amount
Ended December 31,
 
Purchase
 
Share
 
Plan
Date Authorized
 
Date
 
Authorized
2019
 
2018
 
Price
 
Repurchased
 
Completed
November 6, 2019
 
December 31, 2021
 
$
40,000

403,142

 

 
$
11,673

 
$
28.96

 
 
May 6, 2019
 
December 31, 2020
 
$
40,000

1,466,575

 

 
$
40,000

 
$
27.27

 
November 2019
December 12, 2018
 
May 31, 2020
 
$
20,000

468,108

 
138,234

 
$
20,000

 
$
32.98

 
May 2019
September 5, 2017
 
December 31, 2018
 
$
20,000


 
550,455

 
$
19,789

 
$
35.95

 
December 2018
 

Summary of Dividends Declared on its Outstanding Shares of Common Stock to its Shareholders
The Company declared dividends on its outstanding shares of common stock to its shareholders of record as follows for the periods presented (in thousands, except per share amounts):
 
 
 
For the Years Ended December 31,
 
 
2019
 
2018
 
2017
 
 
Per Share
Amount
 
Aggregate
Amount (1)
 
Per Share
Amount
 
Aggregate
Amount (1)
 
Per Share
Amount
 
Aggregate
Amount (1)
First Quarter
 
$
0.16

 
$
5,572

 
$
0.14

 
$
4,904

 
$
0.14

 
$
4,932

Second Quarter
 
$
0.16

 
$
5,545

 
$
0.14

 
$
4,920

 
$
0.14

 
$
4,887

Third Quarter
 
$
0.16

 
$
5,476

 
$
0.16

 
$
5,592

 
$
0.14

 
$
4,830

Fourth Quarter
 
$
0.29

 
$
9,516

 
$
0.29

 
$
10,130

 
$
0.27

 
$
9,392


 
(1)
Includes dividend equivalents due to certain employees who hold performance share units or restricted share units which are subject to time-vesting conditions.