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Subsequent Events
6 Months Ended
Jun. 30, 2017
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

Dividend Declaration

On July 25, 2017, the Company announced that it had declared a cash dividend of $0.10 per share of common stock payable on September 22, 2017 to stockholders of record as of the close of business on September 1, 2017.

Stock Repurchase Activities

Subsequent to June 30, 2017, through the filing of this Report, the Company repurchased 3.7 million shares of its common stock, for an aggregate purchase price of $102.7 million at an average price of $28.13 per share, under the Stock Repurchase Program. Repurchases of approximately 2.6 million shares were settled prior to the filing of this Report and the remaining shares will be settled after the filing date. The Company has an aggregate of $367.0 million of authorized funds remaining under the Stock Repurchase Program, as of the filing date.