Subsequent Events

6 Months Ended

Jun. 30, 2015

Subsequent Events

Subsequent Events

9.Subsequent Events

In connection with the preparation of these unaudited Condensed Consolidated Financial Statements, an evaluation of subsequent events was performed through the date these unaudited Condensed Consolidated Financial Statements were issued.

On July 9, 2015, at our Annual Meeting of Stockholders, our shareholders approved an amendment to our Certificate of Incorporation to increase the total number of authorized shares of our common stock from 125,000,000 shares to 175,000,000 shares. The amendment to our certificate of incorporation was filed with the Secretary of State of the State of Delaware on July 9, 2015.

On July 30, 2015, our Board of Directors approved a share repurchase program authorizing the repurchase of up to $75.0 million of our common stock from time to time on the open market or in privately negotiated transactions. The repurchase program is authorized through July 30, 2017, and may be suspended or discontinued at any time. Repurchased shares will be available for use in connection with reissuance under our stock plans and for other corporate purposes. Repurchases may also be made under a Rule 10b5-1 plan, which would permit shares to be repurchased when we might otherwise be precluded from doing so under insider trading laws. The timing and amount of any shares repurchased under the program will be determined by our management based on its evaluation of market conditions and other factors.

There are no other events that have occurred that would require adjustments to or disclosure in our unaudited Condensed Consolidated Financial Statements.