Equity

6 Months Ended

Jun. 30, 2013

Equity [Abstract]

Shares & Dividends

The increase in common stock during the six months ended June 30, 2013, was primarily due to the issuance of 1,190,696 shares of the Company’s common stock under the Company’s stock-based compensation plans. The Company announced a $0.01 per share increase in its quarterly cash dividend rate during the first quarter of 2013, which resulted in a recorded cash dividend of $0.14 per share in the first and second quarters of 2013. The second quarter dividend of $20.2 million was declared on May 29, 2013, and was paid on July 19, 2013.