Stock Repurchase Program

12 Months Ended

Dec. 31, 2015

Under the Company's stock repurchase program, the Company repurchased shares as follows:



	Year Ended December 31,
(in thousands, except per share data)	2015		2014		2013
Number of shares repurchased	3,833		2,977		1,494
Average price paid per share	$	88.16	$	78.54	$	77.73
Total cost	$	337,910	$	233,793	$	116,132

In February 2016, the Company's Board of Directors increased the number of shares authorized for repurchase to a total of 5.0 million shares under the stock repurchase program. As of December 31, 2015, 2.1 million shares remained available for repurchase under the program.