Stock Repurchase Plan

3 Months Ended

Mar. 31, 2017

Equity [Abstract]

Stock Repurchase Plan

Note 12 — Stock Repurchase Plan

In October 2015, our Board authorized the repurchase of $250 million of the Company’s stock (“2015 Repurchase Plan”).   In the first quarter of 2017, the Company spent $63.7 million to repurchase our common stock and at March 31, 2017, the Company has $29.1 million remaining under the 2015 Repurchase Plan. 

On February 9, 2017, our Board authorized the repurchase of $300 million of the Company’s stock (“2017 Repurchase Plan”).