Stockholders' Equity

9 Months Ended

Sep. 30, 2019

Stockholders' Equity.

Stockholders' Equity

Note 15—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. Following is a summary of activity under the stock repurchase program:

	Quarter ended September 30,				Nine months ended September 30,				Cumulative
	2019		2018		2019		2018		total (1)
	(in thousands)
Shares of common stock repurchased		—		—		51		236		816
Cost of shares of common stock repurchased	$	—	$	—	$	1,056	$	4,826	$	14,948

(1) Amounts represent the total shares of common stock repurchased under the stock repurchase program through September 30, 2019.