Stock Repurchase	12 Months Ended
Dec. 31, 2020
Stock Repurchase
Stock Repurchase	(12) Stock Repurchase The Company’s Board of Directors has adopted a stock repurchase program which authorizes the Company to repurchase shares of the Company’s common stock in the public market or in private transactions, from time to time, at prevailing prices. The Company’s stock repurchase program authorizes the repurchase of up to $250.0 million of the Company’s common stock commencing on February 5, 2019, of which $139.6 million remained available at December 31, 2020. Under the terms of the Treasury Loan Agreement, the Company is restricted from repurchasing shares of its common stock for a twelve-month period following repayment of the loan in full. During the years ended December 31, 2020, 2019 and 2018, the Company repurchased 0.4 million, 1.7 million and 1.0 million shares of common stock for approximately $20.0 million, $94.6 million and $54.4 million, respectively at a weighted average price per share of $51.87, $56.86 and $56.25, respectively. Additionally, during the year ended December 31, 2020, 2019 and 2018, the Company paid $6.2 million, $9.3 million and $13.6 million, respectively, for a net settlement of the income tax obligation on employee equity awards that vested during the applicable periods.

Stock Repurchase

12 Months Ended

Dec. 31, 2020

(12) Stock Repurchase

The Company’s Board of Directors has adopted a stock repurchase program which authorizes the Company to repurchase shares of the Company’s common stock in the public market or in private transactions, from time to time, at prevailing prices. The Company’s stock repurchase program authorizes the repurchase of up to $250.0 million of the Company’s common stock commencing on February 5, 2019, of which $139.6 million remained available at December 31, 2020. Under the terms of the Treasury Loan Agreement, the Company is restricted from repurchasing shares of its common stock for a twelve-month period following repayment of the loan in full.

During the years ended December 31, 2020, 2019 and 2018, the Company repurchased 0.4 million, 1.7 million and 1.0 million shares of common stock for approximately $20.0 million, $94.6 million and $54.4 million, respectively at a weighted average price per share of $51.87, $56.86 and $56.25, respectively. Additionally, during the year ended December 31, 2020, 2019 and 2018, the Company paid $6.2 million, $9.3 million and $13.6 million, respectively, for a net settlement of the income tax obligation on employee equity awards that vested during the applicable periods.