Shareholder Transaction Shareholder Transaction

6 Months Ended

Jun. 30, 2014

Shareholder Transaction [Abstract]

Shareholder Transaction

Shareholder Transaction

On July 8, 2014, we entered into a share repurchase agreement, at the prevailing market price, with a shareholder that beneficially held slightly less than 10% of our outstanding common stock to purchase 13,213,372 shares of our common stock for the aggregate purchase price of $311,464,283 in a private transaction. We used cash on hand to fund the transaction which settled on July 10, 2014, and the repurchased shares have been returned to treasury stock.