SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2018

Subsequent Events

Subsequent Events

22.  SUBSEQUENT EVENTS

On August 1, 2018, the Company announced that its board of directors declared a quarterly cash dividend of $0.31 per share. The dividend is payable September 14, 2018 to stockholders of record at the close of business on August 31, 2018.

Additionally, the board of directors increased the share repurchase authorization by $100 million on August 1, 2018.

There have been no additional subsequent events that would require disclosure in, or adjustment to, the condensed consolidated financial statements as of and for the six months ended June 30, 2018.