Equity

6 Months Ended

Jun. 30, 2017

Equity

Equity

10. Equity

During the six months ended June 30, 2017, we repurchased or acquired 183,710 shares of our common stock. In the first quarter of 2017, we repurchased 50,000 shares of our outstanding common stock for $2.7 million, or an average of $53.03 per share, under our securities repurchase program approved by our Board of Directors. During the second quarter of 2017, we did not repurchase any common stock under this program. As of June 30, 2017, our remaining authorization under the program was $29.5 million. During the second quarter of 2017, we acquired 133,710 shares of our common stock for $5.8 million, or an average of $43.28 per share, from employees in connection with a net share settlement feature of employee equity awards.