Shareholders' Equity (Notes)

3 Months Ended

Mar. 31, 2018

Statement of Stockholders' Equity [Abstract]

Shareholders’ Equity

The following table summarizes the common stock and additional paid-in capital activity during the three months ended March 31, 2018 (in thousands):



Common stock and additional paid-in capital, December 31, 2017	$	91,162
Common stock issued pursuant to stock-based compensation plans, net	3,232
Stock-based compensation	5,926
Repurchase of common stock	(94,956		)
Common stock and additional paid-in capital, March 31, 2018	$	5,364


Note 15.	Shareholders’ Equity - (Continued)

During the three months ended March 31, 2018, the Company repurchased 1.7 million shares of the Company's common stock through open market transactions and entered into an accelerated share repurchase program at a notional amount of $50.0 million under which the Company received 0.8 million shares in March 2018. The repurchases were under the February 2017 authorization by the Company's Board of Directors which authorized the repurchase of up to 15.0 million shares of the Company's outstanding common stock. This authorization expires in February 2019.

On March 9, 2018, the Company paid a dividend of $0.16 per share on its outstanding common stock to the shareholders of record as of the close of business on February 23, 2018. The total cash payments for dividends during the three months ended March 31, 2018 were $22.2 million.