Shareholders' Equity (Tables)

9 Months Ended

Sep. 30, 2015

Stockholders' Equity Note [Abstract]

Issued share capital

The issued share capital consists of the following:

	September 30, 2015		December 31, 2014
Common shares issued and fully paid, 2015 and 2014: CHF 4.10 per share	95,523,230		100,775,256
Share capital at end of period	$	386,702	$	408,020

Schedule of common stock outstanding roll forward

	Nine Months Ended September 30, 2015
Shares issued at beginning of period	100,775,256
Shares canceled	(5,252,026	)
Total shares issued at end of period	95,523,230
Treasury shares issued at beginning of period	4,579,774
Shares repurchased	6,047,437
Shares issued out of treasury	(763,843	)
Shares canceled	(5,252,026	)
Total treasury shares at end of period	4,611,342
Total shares outstanding at end of period	90,911,888

Dividends paid

The Company paid the following dividends during the nine months ended September 30, 2015:

Dividend Paid	Dividend Per Share		Total Amount Paid
January 2, 2015	$	0.225	$	21,669
April 2, 2015	$	0.225	$	21,528
July 2, 2015	$	0.260	$	23,606

Share repurchases

The Company’s share repurchases were as follows:

	Three Months Ended   September 30,				Nine Months Ended   September 30,
	2015		2014		2015		2014
Common shares repurchased	—		654,851		6,047,437		4,616,543
Total cost of shares repurchased	$	—	$	24,996	$	245,301	$	164,528
Average price per share	$	—	$	38.17	$	40.56	$	35.64