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Stockholders' Equity
9 Months Ended
Sep. 30, 2019
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Stockholders’ Equity

Share Repurchase Program

Effective November 2018, the Board authorized a $1.1 billion repurchase program through December 2021. During the three and nine months ended September 30, 2019, the Company repurchased 2.0 million and 3.6 million shares of its common stock, respectively, for $175.5 million and $291.8 million, respectively. The Company's goals for the share repurchase programs are to offset the dilution created by its employee equity compensation programs and provide the flexibility to return capital to shareholders as business and market conditions warrant.

Stock-Based Compensation

The following table summarizes stock-based compensation included in the Company’s consolidated statements of income for the three and nine months ended September 30, 2019 and 2018 (in thousands):
 
 
For the Three Months
Ended September 30,
 
For the Nine Months
Ended September 30,
 
2019
 
2018
 
2019
 
2018
Cost of revenue
$
5,555

 
$
5,494

 
$
16,917

 
$
16,343

Research and development
12,842

 
11,249

 
36,943

 
32,684

Sales and marketing
15,593

 
16,835

 
46,384

 
49,543

General and administrative
12,825

 
13,054

 
40,018

 
40,245

Total stock-based compensation
46,815

 
46,632

 
140,262

 
138,815

Provision for income taxes
(14,867
)
 
(7,802
)
 
(41,658
)
 
(37,692
)
Total stock-based compensation, net of income taxes
$
31,948

 
$
38,830

 
$
98,604

 
$
101,123


In addition to the amounts of stock-based compensation reported in the table above, the Company’s consolidated statements of income for the three and nine months ended September 30, 2019 include stock-based compensation reflected as a component of amortization of capitalized internal-use software of $7.5 million and $22.9 million, respectively, before taxes, and for the three and nine months ended September 30, 2018 include stock-based compensation reflected as a component of amortization of capitalized internal-use software of $6.6 million and $18.1 million, respectively, before taxes.