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Stock Repurchases
12 Months Ended
Dec. 31, 2019
Stock Repurchases [Abstract]  
Stock Repurchases

14.Stock Repurchases

In 2017 and 2019 the Company repurchased shares of its common stock. Details of these purchases are as follows:

Period

Total

Number of

Shares

Purchased

Average

Price Paid

per Share

Total

Number of

Shares

Purchased

as Part of

Publicly

Announced

Program

Maximum

Dollar

Value of

Shares that

May Yet Be

Purchased

Under the

Program

 

First Quarter 2017

January 29 to February 25

900,997

$

49.70

900,997

February 26 to April 1

173,288

$

49.92

173,288

Third Quarter 2017

July 30 to August 26

4,490

$

47.92

4,490

August 27 to September 30

240,933

$

46.30

240,933

Third Quarter 2019

July 28 to August 24

44,500

$

44.83

44,500

Total

1,364,208

$

48.96

1,364,208

$

86,710,000

All of these purchases were made with cash held by the Company and no debt was incurred. No shares were repurchased in 2018.

At December 31, 2019, approximately $87 million remained authorized for share repurchases.