Stock Repurchase Plan

6 Months Ended

Jun. 30, 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”).   On February 9, 2017, our Board authorized the repurchase of $300 million of the Company’s stock (“2017 Repurchase Plan”).    

  In the second quarter of 2017, the Company spent $57.2 million to repurchase our common stock and for the first half of 2017 the Company spent $120.8 million to repurchase our common stock.  At June 30, 2017, the 2015 plan was completed and the Company has $272 million remaining under the 2017 Repurchase Plan.