Equity

9 Months Ended

Sep. 30, 2020

Equity

Equity

13. Equity

During the nine months ended September 30, 2020, we repurchased 890,195 shares of our outstanding common stock for $29.4 million, or an average of $33.06 per share, under our securities repurchase program approved by our Board of Directors. During the second and third quarters of 2020, we did not repurchase any common stock under this program. As of September 30, 2020, our remaining authorization under our securities repurchase program was $170.6 million. During the third quarter of 2020, we acquired 4,448 shares of our common stock for $0.2 million, or an average of $46.77 per share, from employees in connection with a net share settlement feature of employee equity awards. During the nine months ended September 30, 2020, we acquired 137,541 shares of our common stock for $5.0 million, or an average of $36.34 per share, from employees in connection with a net share settlement feature of employee equity awards.