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Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Schedule of Common Share Repurchases
The following table summarizes our common share repurchases and issuances associated with these programs.
 
 
 
Three Months Ended
June 30, 
 
Six Months Ended
June 30,
(Shares and per share amounts in actuals)
 
2014 
 
2013
 
2014 
 
2013
Shares repurchased related to employee stock-based compensation plans(1)
 
358,771

 
3,040,788

 
358,771

 
5,365,363

Average purchase price per share
 
$
8.62

 
$
22.35

 
$
8.62

 
$
20.51

Common shares issued(2)
 
504,929

 
4,115,424

 
504,929

 
8,273,219

 
(1) 
Comprises shares withheld from stock option exercises and vesting of restricted stock for employees’ tax withholding obligations and shares tendered by employees to satisfy option exercise costs.
(2) 
Common shares issued under our various compensation and benefit plans.
Schedule of Net Transfers (to) from Navient
The components of the net transfers (to)/from the entity that is now a subsidiary of Navient are summarized below:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2014
 
2013
 
2014
 
2013
Capital contributions:
 
 
 
 
 
 
 
 
Loan origination activities
 
$
7,184

 
$
33,367

 
$
32,452

 
$
58,629

Loan sales
 
—

 
—

 
45

 
25

Corporate overhead activities
 
3,461

 
15,731

 
21,216

 
33,115

Other
 
491,936

 
617

 
492,368

 
734

Total capital contributions
 
502,581

 
49,715

 
546,081

 
92,503

Dividend
 
—

 
—

 
—

 
(120,000
)
Corporate push-down
 
(761
)
 
(1,641
)
 
4,977

 
5,627

Net change in income tax accounts
 
—

 
—

 
15,659

 
—

Net change in receivable/payable
 
(39,655
)
 
(18,615
)
 
(87,277
)
 
(34,154
)
Other
 
—

 
111

 
(31
)
 
565

Total net transfers from/(to) the entity that is now a subsidiary of Navient
 
$
462,165

 
$
29,570

 
$
479,409

 
$
(55,459
)