| Summary of Stock Repurchase Activities |
The following table provides a summary of the Company’s Class A Common Stock repurchase activities:
|
|
|
Year Ended December 31,
|
|
|
|
|
2020
|
|
|
2019
|
|
|
2018
|
|
|
Shares repurchased
|
|
|
—
|
|
|
|
968,724
|
|
|
|
3,656,277
|
|
|
Average cost per share
|
|
$
|
—
|
|
|
$
|
30.99
|
|
|
$
|
27.34
|
|
|
Total cost of shares repurchased (in thousands):
|
|
$
|
—
|
|
|
$
|
30,019
|
|
|
$
|
99,977
|
|
|
| Summary of Nonvested Shares Related to the Plans |
A summary of the status and changes of nonvested shares related to the Plans is presented below:
|
|
|
Shares
|
|
|
Weighted-Average Grant-Date Fair Value
|
|
|
Unvested at January 1, 2018
|
|
|
2,303,557
|
|
|
|
26.25
|
|
|
Granted
|
|
|
1,811,000
|
|
|
|
38.05
|
|
|
Vested/Released
|
|
|
(1,018,283
|
)
|
|
|
21.91
|
|
|
Cancelled
|
|
|
(127,333
|
)
|
|
|
29.71
|
|
|
Unvested at December 31, 2018
|
|
|
2,968,941
|
|
|
|
34.79
|
|
|
Granted
|
|
|
1,603,000
|
|
|
|
28.45
|
|
|
Vested/Released
|
|
|
(1,116,868
|
)
|
|
|
32.46
|
|
|
Cancelled
|
|
|
(28,250
|
)
|
|
|
39.40
|
|
|
Unvested at December 31, 2019
|
|
|
3,426,823
|
|
|
|
32.55
|
|
|
Granted
|
|
|
1,569,300
|
|
|
|
37.45
|
|
|
Vested/Released
|
|
|
(1,093,500
|
)
|
|
|
32.64
|
|
|
Cancelled
|
|
|
(790,600
|
)
|
|
|
32.23
|
|
|
Unvested at December 31, 2020
|
|
|
3,112,023
|
|
|
|
35.06
|
|
|