Shareholders' Equity

3 Months Ended

Mar. 31, 2016

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders’ Equity

The following table summarizes the common stock and additional paid-in capital activity during the three months ended March 31, 2016 (in thousands):

Common stock and additional paid-in capital, December 31, 2015	$	1,374
Income tax benefit of common stock options exercised	1,041
Common stock issued pursuant to stock-based compensation plans, net	3,975
Stock-based compensation arrangements	6,187
Common stock and additional paid-in capital, March 31, 2016	$	12,577

On March 4, 2016, the Company paid a dividend of $0.12 per share on its outstanding common stock to the shareholders of record as of the close of business on February 19, 2016. The total cash payments for dividends during the three months ended March 31, 2016 were $16.5 million.