Share Repurchase Program (Details) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | 6 Months Ended | 16 Months Ended | |||
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Jun. 30, 2017 |
Jun. 30, 2017 |
Jun. 30, 2016 |
Jun. 30, 2017 |
Jul. 05, 2017 |
Feb. 24, 2017 |
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Number of shares repurchased (in shares) | 461,358 | 858,393 | 153,432 | |||
Share repurchase cost | $ 21,907 | $ 39,286 | $ 4,962 | |||
Average price per share (in dollars per share) | $ 47.48 | $ 45.77 | ||||
2016 Repurchase program | ||||||
Number of shares repurchased (in shares) | 788,399 | |||||
Share repurchase cost | $ 26,600 | |||||
Average price per share (in dollars per share) | $ 33.72 | |||||
2017 Repurchase program | Maximum | ||||||
Share repurchase program, authorized amount | $ 200,000 | |||||
2017 ASR Agreement | Subsequent Event | ||||||
Payment under ASR agreement | $ 100,000 |
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- Definition Amount of cash receipt from (payment to) bank; or stock received from (issuance to) bank in the settlement of the accelerated share repurchase agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of stock repurchase plan authorized. No definition available.
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- Definition Total cost of shares repurchased divided by the total number of shares repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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