TREASURY STOCK

The following table highlights the share repurchase authorizations in effect during fiscal year 2015:



	Date of Authorization
	Jan 17, 2013			Jul 17, 2014			Oct 9, 2014		Total
Amount available for repurchases as of July 31, 2014	$	81,873		$	600,000		$	—	$	681,873
New authorizations	—			—			200,000		200,000
Utilized	(81,873		)	(222,232		)	—		(304,105		)
Amount available for repurchases as of January 31, 2015	$	—		$	377,768		$	200,000	$	577,768

The Company’s shares may be purchased over time as market and business conditions warrant. There is no time restriction on these authorizations. In August 2014, the Company entered into an Accelerated Share Repurchase (“ASR”) agreement with a third-party financial institution to repurchase $300,000 of the Company’s common stock. This transaction was completed in the second quarter of fiscal year 2015. Under the agreement, the Company paid $300,000 to the financial institution. Upon completion of the transaction, the Company received a total of 3,461 shares with an average price per share of $86.67. In addition, during the three months ended January 31, 2015, the Company purchased 44 shares on the open market for a total cost of $4,105 and an average price per share of $94.26.

During the six months ended January 31, 2015, 275 shares were issued under the Company’s stock-based compensation plans. At January 31, 2015, the Company held 21,341 treasury shares.