Shareholders' Equity	9 Months Ended
Sep. 30, 2019
Shareholders' Equity [Abstract]
Shareholders' Equity	11.SHAREHOLDERS’ EQUITY Common Stock Equivalents The Company has outstanding stock options and restricted stock units which were considered in the Company’s diluted earnings per share calculation (see Note 15). Stock Repurchases On July 29, 2019, the Company’s Board of Directors authorized a new $1.0 billion stock repurchase plan, replacing the prior plan authorized on February 16, 2018 which had a remaining authorization of $110.0 million. This new plan authorizes the Company to purchase, from time to time, up to $1.0 billion of the Company’s outstanding Class A common stock through open market repurchases in compliance with Rule 10b-18 under the Exchange Act and/or in privately negotiated transactions at management’s discretion based on market and business conditions, applicable legal requirements and other factors. Shares repurchased will be retired. The new plan has no time deadline and will continue until otherwise modified or terminated by the Company’s Board of Directors at any time in its sole discretion. During the three months ended September 30, 2019, the Company repurchased 0.7 million shares of its Class A common stock under its existing stock repurchase plan for $175.7 million, at an average price per share of $249.04. During the nine months ended September 30, 2019, the Company repurchased 1.2 million shares of its Class A common stock for $270.3 million, at an average price per share of $231.20. Shares repurchased were retired. As of the date of this filing, the Company had $824.3 million of authorization remaining under the current stock repurchase plan. Dividends On September 25, 2019, the Company paid a cash dividend of $0.37 per share, or an aggregate amount of $41.9 million, to shareholders of record at the close of business on August 28, 2019. On October 25, 2019, the Company’s Board of Directors declared another quarterly cash dividend of $0.37 per share on shares of the Company’s Class A common stock. The dividend will be payable on December 19, 2019 to shareholders of record at the close of business on November 21, 2019.

Shareholders' Equity

9 Months Ended

Sep. 30, 2019

11.SHAREHOLDERS’ EQUITY

Common Stock Equivalents

The Company has outstanding stock options and restricted stock units which were considered in the Company’s diluted earnings per share calculation (see Note 15).

Stock Repurchases

On July 29, 2019, the Company’s Board of Directors authorized a new $1.0 billion stock repurchase plan, replacing the prior plan authorized on February 16, 2018 which had a remaining authorization of $110.0 million. This new plan authorizes the Company to purchase, from time to time, up to $1.0 billion of the Company’s outstanding Class A common stock through open market repurchases in compliance with Rule 10b-18 under the Exchange Act and/or in privately negotiated transactions at management’s discretion based on market and business conditions, applicable legal requirements and other factors. Shares repurchased will be retired. The new plan has no time deadline and will continue until otherwise modified or terminated by the Company’s Board of Directors at any time in its sole discretion.

During the three months ended September 30, 2019, the Company repurchased 0.7 million shares of its Class A common stock under its existing stock repurchase plan for $175.7 million, at an average price per share of $249.04. During the nine months ended September 30, 2019, the Company repurchased 1.2 million shares of its Class A common stock for $270.3 million, at an average price per share of $231.20. Shares repurchased were retired. As of the date of this filing, the Company had $824.3 million of authorization remaining under the current stock repurchase plan.

Dividends

On September 25, 2019, the Company paid a cash dividend of $0.37 per share, or an aggregate amount of $41.9 million, to shareholders of record at the close of business on August 28, 2019. On October 25, 2019, the Company’s Board of Directors declared another quarterly cash dividend of $0.37 per share on shares of the Company’s Class A common stock. The dividend will be payable on December 19, 2019 to shareholders of record at the close of business on November 21, 2019.