Dividends Declared and Paid

12 Months Ended

Dec. 31, 2014

Dividends Declared and Paid

Dividends Declared and Paid

12. Dividends Declared and Paid

        During the third and fourth quarters of 2014, our Board of Directors declared a quarterly dividend of $0.25 per share of common stock to stockholders of record as of the close of business on August 28, 2014 and November 25, 2014. In 2014, we paid a total of $57.0 million in dividends. Unvested RSAs as of the record date are also entitled to dividends, which will only be paid when the RSAs vest and are released. For further information on the impact of the payments of the cash dividends on the 2023 Notes, refer to Note 7, "Long-Term Debt".