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Stockholders' Equity
 6 Months Ended
Jun. 30, 2014
Equity [Abstract]  
Stockholders' Equity
Stockholders' Equity
Dividends
On May 21, 2014, the Board of Directors declared a two-for-one stock split of the Company’s outstanding common stock to be effected through a stock dividend. The additional shares were distributed on June 26, 2014 to shareholders of record at the close of business on June 9, 2014. All references made to share or per share amounts in the accompanying consolidated financial statements and applicable disclosures reflect this two-for-one stock split.    
The Board of Directors approved the following cash dividends in 2014 (in millions, except per share data):
Declaration Date
 
Dividends Per Share
 
Record Date
 
Cash Payment Amount
 
Payment Date
February 7, 2014
 
$0.11
 
February 28, 2014
 
$2.5
 
March 24, 2014
May 2, 2014
 
$0.11
 
May 23, 2014
 
$2.5
 
June 16, 2014
July 31, 2014
 
$0.11
 
August 22, 2014
 
N/A (1)
 
September 15, 2014
___________________________________________
(1)
Amount will be determined based on common stock outstanding as of record date.
Repurchase of Common Stock
In May 2013, the Company's Board of Directors authorized a $30.0 million increase to its stock repurchase plan. At the time of increase, the Company had $2.3 million remaining under its stock repurchase plan that was then in place. The share repurchase program may be discontinued or amended at any time. The program has no expiration date and expires when the amount authorized has been expended or the Board withdraws its authorization. As of June 30, 2014, the Company had $25.7 million available for future share repurchases under the program.
The following table summarizes the Company's stock repurchase activities for the three and six months ended June 30, 2014 and 2013 (in millions, except share data):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Number of shares repurchased
600

 
11,004

 
83,200

 
155,218

Average price per share
$
36.28

 
$
28.74

 
$
36.18

 
$
24.78

Total repurchase costs
$
—

 
$
0.3

 
$
3.0

 
$
3.8