Common Stock Repurchase Program

9 Months Ended

Sep. 30, 2018

Equity [Abstract]

Common Stock Repurchase Program

COMMON STOCK REPURCHASE PROGRAM

For the three and nine months ended September 30, 2018, the Company repurchased 0.6 million and 2.4 million shares of its common stock, respectively, at a cost of $11.1 million and $37.0 million, including commissions, respectively. During the three and nine months ended September 30, 2017, the Company repurchased 2.1 million and 3.4 million shares of its common stock, respectively, for $17.1 million and $27.1 million, including commissions, respectively. As of September 30, 2018, the Company had remaining authorization to repurchase approximately $181.8 million of its common stock, subject to restrictions under its Credit Agreement.