Stock Repurchases

3 Months Ended

Mar. 31, 2015

Statement of Stockholders' Equity [Abstract]

Stock Repurchases

Stock Repurchases

During the three months ended March 31, 2015, we did not repurchase any shares under our stock repurchase programs.

In August 2012, our Board of Directors authorized a program to repurchase up to $50.0 million of common stock, of which approximately $45.1 million had been repurchased as of March 31, 2015. In November 2014, our Board of Directors authorized a program to repurchase up to $50.0 million of common stock. We expect to begin repurchasing shares under the 2014 Stock Repurchase Program upon the completion of the 2012 Stock Repurchase Program. Our stock repurchase programs have a total of $54.9 million remaining for future repurchases as of March 31, 2015, and neither program has an expiration date.