Shareholders' Equity

6 Months Ended

Jun. 30, 2015

Stockholders' Equity Note [Abstract]

Shareholders' Equity

SHAREHOLDERS’ EQUITY

A summary of shares repurchased under our stock repurchase program authorized by our Board of Directors follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2015		2014		2015		2014
Shares repurchased	0.8		1.1		0.9		3.6
Aggregate purchase price	$	50.0	$	64.1	$	59.1	$	179.8
Average purchase price per share	$	62.78	$	56.05	$	62.41	$	50.53

As of June 30, 2015, $221.6 million remained available for share repurchases under the program.

A summary of shares of common stock issued in connection with the exercise of stock options follows:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2015		2014		2015		2014
Shares issued	0.3		0.3		0.9		1.1
Proceeds from the exercise of stock options	$	6.3	$	6.8	$	18.8	$	22.1
Average exercise price per share	$	24.96	$	19.44	$	21.55	$	20.39

The following table presents a summary of shares of common stock issued in connection with grants of restricted stock and shares surrendered to AutoNation to satisfy tax withholding obligations in connection with the vesting of restricted stock (in actual number of shares):

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2015	2014	2015	2014
Shares issued	1,754	4,692	157,082	149,880
Shares surrendered to AutoNation to satisfy tax withholding obligations in connection with the vesting of restricted stock	26,928	33,274	35,927	44,477