Stock Repurchase	12 Months Ended
Dec. 31, 2021
Stock Repurchase
Stock Repurchase	(12) Stock Repurchase The Company’s Board of Directors has adopted a stock repurchase program which authorizes the Company to repurchase shares of the Company’s common stock in the public market or in private transactions, from time to time, at prevailing prices. The Company’s stock repurchase program authorizes the repurchase of up to $250.0 million of the Company’s common stock commencing on February 5, 2019, of which $139.6 million remained available at December 31, 2021. During the years ended December 31, 2020 and 2019, the Company purchased as treasury shares or purchased and cancelled 0.4 million and 1.7 million shares of common stock for approximately $20.0 million and $94.6 million, respectively at a weighted average price per share of $51.87 and $56.86, respectively. The company did not repurchase any shares of its common stock during 2021. Under the terms of the PSP 3 Agreement, the Company is restricted from repurchasing shares of its common stock through September 30, 2022. Additionally, during the year ended December 31, 2021, 2020 and 2019, the Company paid $1.6 million, $6.2 million and $9.3 million, respectively, for a net settlement of the income tax obligation on employee equity awards that vested during the applicable periods.

Stock Repurchase

12 Months Ended

Dec. 31, 2021

(12) Stock Repurchase

The Company’s Board of Directors has adopted a stock repurchase program which authorizes the Company to repurchase shares of the Company’s common stock in the public market or in private transactions, from time to time, at prevailing prices. The Company’s stock repurchase program authorizes the repurchase of up to $250.0 million of the Company’s common stock commencing on February 5, 2019, of which $139.6 million remained available at December 31, 2021.

During the years ended December 31, 2020 and 2019, the Company purchased as treasury shares or purchased and cancelled 0.4 million and 1.7 million shares of common stock for approximately $20.0 million and $94.6 million, respectively at a weighted average price per share of $51.87 and $56.86, respectively. The company did not repurchase any shares of its common stock during 2021. Under the terms of the PSP 3 Agreement, the Company is restricted from repurchasing shares of its common stock through September 30, 2022.

Additionally, during the year ended December 31, 2021, 2020 and 2019, the Company paid $1.6 million, $6.2 million and $9.3 million, respectively, for a net settlement of the income tax obligation on employee equity awards that vested during the applicable periods.