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Common Stock | 9 Months Ended
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Sep. 30, 2019
Equity [Abstract] |
Common Stock | Common Stock The Company’s Certificate of Incorporation, as amended on November 9, 2009, authorizes the Company to issue up to 80 million shares of common stock, par value $0.0001 per share, and 100,000 shares of one or more series of preferred stock, par value $0.0001 per share. A reconciliation of changes in common shares issued during the nine months ended September 30, 2019 is as follows:
Shares issued at December 31, 2018 | 62,162,875 |
Issued as restricted stock award grants | 875,522 |
Shares issued at September 30, 2019 | 63,038,397 |
Stock Repurchase Program In June 2015, the Company’s Board of Directors authorized the repurchase of up to $50 million of the Company’s common stock. Repurchases may be made in the open market or through privately negotiated transactions. Through December 31, 2018, the Company had repurchased $0.3 million of its common stock under this authorization. During the three and nine months ended September 30, 2019 and 2018, the Company did no t repurchase any shares of its outstanding common stock under this authorization. At September 30, 2019, the Company has $49.7 million remaining under its share repurchase program.

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- Definition The entire disclosure for shareholders' equity and share-based payment arrangement. Includes, but is not limited to, disclosure of policy and terms of share-based payment arrangement, deferred compensation arrangement, and employee stock purchase plan (ESPP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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