STOCK REPURCHASES

Our board of directors approved a stock repurchase program which authorizes us to repurchase common shares in the open market or in privately negotiated transactions at price levels we deem attractive. On March 7, 2013, the board of directors authorized the repurchase of up to one million shares of our common stock in addition to the board’s prior authorizations. As of September 30, 2014, we had authorization to repurchase 324,456 shares of our common stock. In addition, on September 18, 2014, our board approved a tender offer to purchase up to 995,698 shares of the Company's outstanding common stock.

The following table summarizes our stock repurchases for the three and nine months ended September 30, 2014 and 2013:



(Dollars in millions)	For the Three Months Ended September 30,
	2014			2013
Stock Repurchases	Number of Shares Repurchased	Cost		Number of Shares Repurchased	Cost
Open Market	—	$	—	282,018	$	31.3
Total	—	$	—	282,018	$	31.3



(Dollars in millions)	For the Nine Months Ended September 30,
	2014			2013
Stock Repurchases	Number of Shares Repurchased	Cost		Number of Shares Repurchased	Cost
Open Market	—	$	—	1,139,442	$	126.5
Tender Offer (1)	1,553,170	200.3		—	—
Other (2)	137,876	18.4		6,259	0.7
Total	1,691,046	$	218.7	1,145,701	$	127.2


(1)	Tender Offer Cost amount includes offering costs of $0.3 million for the nine months ended September 30, 2014.


(2)	Represents shares of common stock released to us as payment of tax withholdings due to us upon the vesting of restricted stock and restricted stock units.