Stockholders' Equity (Notes)

9 Months Ended

Sep. 30, 2019

Stockholders' Equity Note [Abstract]

Stockholders Equity

7. Stockholders' Equity

During the first nine months of 2019, we repurchased or withheld an aggregate of 1,481,369 shares of our common stock, as described below.

Repurchase Program

Our Board of Directors (the “Board”) has authorized a program to repurchase shares of our outstanding common stock (“Repurchase Program”). The purchases are to be made from time to time in the open market or directly from stockholders at prevailing market prices based on market conditions and other factors. In 2019, the Board authorized an increase of 700,000 shares that may be repurchased under the Repurchase Program. During the nine months

ended September 30, 2019, 1,254,210 shares were repurchased under the Repurchase Program. As of September 30, 2019, we were authorized to repurchase an additional 1,056,945 shares under the Repurchase Program.

Withheld Shares

During the nine months ended September 30, 2019, we withheld 227,159 shares to satisfy tax withholding obligations for the vesting of long-term incentive and restricted stock awards.

Dividends

The Board declared quarterly dividends as follows:

(amounts per share)	2019		2018
First quarter	$	0.30	$	0.20
Second quarter	0.30		0.20
Third quarter	0.30		0.20

During the nine months ended September 30, 2019 and 2018, we paid dividends totaling $36.8 million and $25.2 million, respectively.