Equity

9 Months Ended

Sep. 30, 2013

Equity [Abstract]

Equity

Equity

The increase in common stock during the nine months ended September 30, 2013, was primarily due to the issuance of 1,654,477 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, second and third quarters of 2013. The third quarter dividend of $20.3 million was declared on August 20, 2013, and was paid on October 18, 2013.