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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2015
Stockholders' Equity  
Summary of share repurchases

 

The table below summarizes the Company's share repurchases beginning January 1, 2013 under its Board of Directors' authorizations:

                                                                                                                                                                                    

 

 

 

 

Amount
Authorized
by Board
(Shares in
millions)

 

 

 

Shares
Remaining
Under Board
Authorization
(millions)

 

Shares Repurchased
Under Board
Authorization

 

 

 

 

 

Total
Shares
Repurchased
(millions)

 

 

 

Expiration
Date

 

Repurchase Program Authorization Date

 

2015

 

2014

 

2013

 

October 2011

 

none

 

 

4.0 

 

 

4.0 

 

 

 

 

 

 

 

 

1.5 

 

May 2013

 

none

 

 

4.0 

 

 

4.0 

 

 

 

 

0.8 

 

 

2.7 

 

 

0.5 

 

October 2014

 

none

 

 

4.0 

 

 

1.2 

 

 

2.8 

 

 

1.2 

 

 

 

 

 

​  

​  

​  

​  

​  

​  

Total shares repurchased under authorization

 

 

2.0 

 

 

2.7 

 

 

2.0 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Cost (millions)

 


$

42.0 

 


$

48.2 

 


$

28.2 

 

​  

​  

​  

​  

​  

​  

Average share price

 

$

21.10 

 

$

18.03 

 

$

14.05 

 

​  

​  

​  

​  

​  

​