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Stockholders' Equity
3 Months Ended
Mar. 31, 2016
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Stockholders’ Equity

Common Stock Repurchase Program

In February 2012, the Company’s Board of Directors approved a program authorizing the repurchase of up to five million shares of our common stock through February 20, 2013 (the "2012 Program") which was subsequently extended through February 20, 2017. During the three month period ended March 31, 2016, we repurchased zero shares under this program. Cumulatively at March 31, 2016, 2.1 million shares were repurchased at an aggregate cost of $58.6 million (including an immaterial amount of commission fees).

Periodically, participants in j2 Global's stock plans surrender to the Company shares of j2 Global stock to pay the exercise price or to satisfy tax withholding obligations arising upon the exercise of stock options or the vesting of restricted stock. During the three month period ended March 31, 2016, the Company purchased 29,068 shares from plan participants for this purpose.

Dividends
 
The following is a summary of each dividend declared during fiscal year 2016 and 2015:
Declaration Date
 
Dividend per Common Share
 
Record Date
 
Payment Date
February 10, 2015
 
$
0.2925

 
February 23, 2015
 
March 9, 2015
May 6, 2015
 
$
0.30

 
May 19, 2015
 
June 3, 2015
August 3, 2015
 
$
0.3075

 
August 17, 2015
 
September 1, 2015
November 3, 2015
 
$
0.3150

 
November 17, 2015
 
December 3, 2015
February 10, 2016
 
$
0.3250

 
February 23, 2016
 
March 10, 2016


Future dividends are subject to Board approval.