The Company’s recent share repurchase activity is presented in the following table:



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2014		2013		2014		2013
Number of shares repurchased (1)	1,124,117		1,016,978		5,350,915		2,859,246
Cost of repurchased shares (in thousands) (2)	$	79,678	$	59,252	$	387,126	$	157,251


(1)	The average purchase price for the shares was $72.94 and $70.67 for the three and nine months ended September 30, 2014, respectively, and $58.26 and $55.00 for the three and nine months ended September 30, 2013, respectively.


(2)	The cost of repurchased shares for the nine months ended September 30, 2014 includes payment for share repurchase transactions that occurred in late December 2013 but were paid in early January 2014.