Share Repurchase (Notes)

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Share Repurchases

Share Repurchases

On June 4, 2015, the Company announced a share repurchase program of up to $35.0 million of the Company's Class A common stock. Under this program, which expires June 4, 2016, the Company may, from time to time, purchase shares of the Company's Class A common stock in the open market (including in pre-arranged stock trading plans in accordance with the guidelines specified in Rule 10b5-1 under the Securities Exchange Act of 1934, as amended ) or in privately negotiated transactions. During the second quarter ended June 30, 2015, the Company repurchased 407,240 shares of its common stock for approximately $6.3 million in open market transactions. As of June 30, 2015, the remaining dollar value of authorization under the share repurchase program was $28.7 million. Repurchased shares are included as treasury stock in the Condensed Consolidated Balance Sheets.