Stock Repurchase Program

9 Months Ended

Sep. 30, 2018

Class of Stock Disclosures [Abstract]

Stock Repurchase Program

Stock Repurchase Program

Under the Company's stock repurchase program, the Company repurchased shares as follows:

	Nine Months Ended
(in thousands, except per share data)	September 30, 2018		September 30, 2017
Number of shares repurchased	1,174		2,000
Average price paid per share	$	164.14	$	111.65
Total cost	$	192,787	$	223,291

In February 2018, the Company's Board of Directors increased the number of shares authorized for repurchase to a total of 5.0 million shares under the stock repurchase program. As of September 30, 2018, 4.3 million shares remained available for repurchase under the program.