Subsequent Events |
3 Months Ended |
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Mar. 31, 2017 | |
Subsequent Events [Abstract] | |
Subsequent Events |
Subsequent Events
Acquisition
On April 18, 2017, we acquired Automatic Labs Inc., a connected vehicle device and mobile application company, for an aggregate purchase price of approximately $115,000 in cash.
Capital Return Program
For the period from April 1, 2017 to April 25, 2017, we repurchased 18,606 shares of our common stock on the open market for an aggregate purchase price of $94,886, including fees and commissions.
On April 25, 2017, our board of directors declared a quarterly dividend on our common stock in the amount of $0.01 per share of common stock payable on May 31, 2017 to stockholders of record as of the close of business on May 10, 2017.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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