Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2015

The following table summarizes our common share repurchases and issuances.



	Three Months Ended September 30,				Nine Months Ended September 30,
(Shares and per share amounts in actuals)	2015		2014		2015		2014
Shares repurchased related to employee stock-based compensation plans⁽¹⁾⁽²⁾	136,173		356,622		2,900,266		715,393
Average purchase price per share	$	8.88	$	8.68	$	9.76	$	8.68
Common shares issued⁽³⁾	361,779		584,787		5,569,853		1,089,716

__________________


⁽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⁾	At the present time, we do not have a publicly announced repurchase plan or program.


⁽³⁾	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 for the nine months ended September 30, 2014 are summarized below:



	Nine Months Ended
	September 30,
	2014
Capital contributions:
Loan origination activities	$	32,452
Loan sales	45
Corporate overhead activities	21,216
Other	492,368
Total capital contributions	546,081
Corporate push-down	4,977
Net change in income tax accounts	15,659
Net change in receivable/payable	(87,277		)
Other	(31		)
Total net transfers from the entity that is now a subsidiary of Navient	$	479,409