Equity (Notes)

9 Months Ended

Sep. 30, 2019

Equity [Abstract]

Stockholders' Equity Note Disclosure

Equity

Share Repurchases

Subject to market conditions, normal trading restrictions, and limitations in our debt covenants, we may make purchases in the open market or through privately negotiated transactions under our stock repurchase program. During the nine months ended September 30, 2019, we repurchased 1,176,139 shares of common stock at an aggregate cost of $52.2 million, which is an average cost per share of $44.37. During August 2019, our Board of Directors increased our share repurchase authorization to $400 million. After these repurchases and the increase in authorization, the remaining dollar value of shares authorized to be purchased under our share repurchase program was approximately $389.0 million at September 30, 2019.

Subsequent to September 30, 2019, we repurchased 85,244 shares of common stock at an aggregate cost of $3.9 million, which is an average cost per share of $45.81. After these subsequent repurchases, the remaining dollar value of shares authorized to be repurchased under our repurchase program is $385.1 million.