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EQUITY
3 Months Ended
Sep. 30, 2019
EQUITY  
EQUITY

(8) EQUITY

On May 7, 2018, our Board of Directors authorized the repurchase of up to $500 million of our common stock from time to time using a variety of methods, including open market purchases, privately negotiated transactions and other means in accordance with federal securities laws. During the three months ended September 30, 2018, the Company repurchased 6,229 shares of its outstanding common stock at an average price of $34.00, or $0.2 million. The authorization expired on November 7, 2018 with the Company having repurchased $496.0 million under the authorization.

During the three months ended September 30, 2019 and 2018, the Company recorded $26.3 million in each period in additional paid-in capital associated with stock-based compensation expense related to the Company’s equity classified stock-based compensation awards (See Note 9 –Stock-based Compensation).