Share Repurchase Program (Tables) |
9 Months Ended | ||||||||||||||||||||||||||||||||||||
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Sep. 30, 2018 | |||||||||||||||||||||||||||||||||||||
| Share Repurchase Program [Abstract] | |||||||||||||||||||||||||||||||||||||
| Summary of Stock Repurchase Activities |
The following table provides a summary of the Company’s stock repurchase activities during the three and nine months ended September 30, 2018:
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- Definition Share repurchase program. No definition available.
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- Definition Tabular disclosure of accelerated share repurchase (ASR) programs. An ASR is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the final purchase price of those shares determined by an average market price over a fixed period of time. An accelerated share repurchase program is intended to combine the immediate share retirement benefits of a tender offer with the market impact and pricing benefits of a disciplined daily open market stock repurchase program. ASRs can be disclosed as part of stockholders' equity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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