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Share Repurchase Program
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Share Repurchase Program

12. Share Repurchase Program

In September 2017, the Board of Directors authorized a fifteen-month share repurchase program for up to $100.0 million that commenced in October 2017. The expiration date of this program was subsequently extended to March 31, 2019. In January 2019, the Board of Directors authorized a new two-year share repurchase program for up to $100.0 million that commenced in April 2019. For the three months ended March 31, 2019, the Company repurchased 23,365 shares of common stock at a cost of $5.2 million. Shares repurchased under each program will be held in treasury for future use.