Capital Stock Repurchase Plan Transactions

6 Months Ended

Jun. 30, 2016

Capital Stock Repurchase Plan Transactions [Abstract]

Capital Stock Repurchases Plan Transactions

14.   Capital Stock Repurchase Plan Transactions

We repurchased the following capital stock for the three and six months ended June 30, 2016 and 2015:  

	Three months ended June 30,				Six months ended June 30,
	2016		2015		2016		2015
Total cost of repurchased shares (in thousands):	$	49,853	$	29,762	$	102,313	$	29,762
Shares repurchased		380,134		250,000		780,134		250,000
Weighted average price per share	$	131.15	$	119.05	$	131.15	$	119.05

In March 2016, the Board of Directors authorized an additional $100.0 million for stock repurchase under Chemed’s existing share repurchase program. We currently have $50.2  million of authorization remaining under this share repurchase plan.

Of the $49.9 million and $102.3 million in repurchases made during the three and six months ended June 30, 2016 respectively, $8.0 million was paid for in July 2016.  Amounts repurchased but settled subsequent to the end of the periods are considered non-cash financing activities and excluded from the Consolidated Statement of Cash Flows.