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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Cash Dividends

Cash Dividends — The Company paid cash dividends during the three months ended March 31, 2019 and 2018 as follows:

2019:

Per Share

 

 

Total

 

 

 

 

 

 

(in thousands)

 

Paid on March 21, 2019

$

0.04

 

 

$

8,499

 

 

2018:

Per Share

 

 

Total

 

 

 

 

 

 

(in thousands)

 

Paid on March 22, 2018

$

0.02

 

 

$

4,443

 

Paid on June 21, 2018

 

0.04

 

 

 

8,832

 

Paid on September 20, 2018

 

0.04

 

 

 

8,685

 

Paid on December 20, 2018

 

0.04

 

 

 

8,629

 

Total cash dividends

$

0.14

 

 

$

30,589

 

 

Treasury Stock Acquisition

Treasury stock acquisitions during the three months ended March 31, 2019 were as follows (dollars in thousands):

 

Shares

 

 

Cost

 

Treasury shares at beginning of period

 

53,701,096

 

 

$

1,080,448

 

Purchases pursuant to stock buyback program

 

5,408,132

 

 

 

75,110

 

Acquisitions pursuant to long-term incentive plan

 

240

 

 

 

3

 

Treasury shares at end of period

 

59,109,468

 

 

$

1,155,561