Stock Repurchase Program

9 Months Ended

Sep. 30, 2019

Class of Stock Disclosures [Abstract]

Stock Repurchase Program

Stock Repurchase Program

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

	Nine Months Ended
(in thousands, except per share data)	September 30, 2019		September 30, 2018
Number of shares repurchased	330		1,174
Average price paid per share	$	179.41	$	164.14
Total cost	$	59,116	$	192,787

In February 2018, 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 September 30, 2019, 3.5 million shares remained available for repurchase under the program. During the three months ended September 30, 2019, the Company did not repurchase any shares of common stock.