Stockholders' Equity

12 Months Ended

Dec. 31, 2018

Stockholders' Equity.

Stockholders' Equity

Note 17—Stockholders’ Equity

In June 2017, the Company’s board of directors authorized a stock repurchase program under which the Company may repurchase up to $50 million of its outstanding common stock.

The following table summarizes the Company’s stock repurchase activity:

		Year ended December 31,			Cumulative
	2018		2017		total (1)
	(in thousands)
Shares of common repurchased		260		505		765
Cost of shares of common stock repurchased	$	5,293	$	8,599	$	13,892

(1) Amounts represent the total shares common stock repurchased under the stock repurchase program through December 31, 2018.

The shares of repurchased common stock were canceled upon settlement of the repurchase transactions and returned to the authorized but unissued common stock pool.