Share Repurchase Program

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Share Repurchase Program

11. Share Repurchase Program

In September 2017, the Board of Directors authorized a new fifteen-month share repurchase program for up to $100.0 million commencing in October 2017. For the nine months ended September 30, 2018, the Company repurchased 93,900 shares of common stock at a cost of $19.0 million. Shares repurchased under the program will be held in treasury for future use.