|6 Months Ended|
Jun. 30, 2015
|Stock Repurchases [Abstract]|
SEACOR’s Board of Directors previously approved a securities repurchase plan that authorizes the Company to acquire shares of SEACOR common stock, par value $0.01 per share (“Common Stock”), which may be acquired through open market purchases, privately negotiated transactions or otherwise, depending on market conditions. During the six months ended June 30, 2015, the Company acquired 284,227 shares of Common Stock for treasury for an aggregate purchase price of $19.9 million. As of June 30, 2015, the remaining authority under the repurchase plan was $130.1 million. Subsequent to June 30, 2015 and through July 24, 2015, the Company acquired 107,018 shares of Common Stock for treasury for an aggregate purchase price of $6.9 million.
During the six months ended June 30, 2015, the Company also purchased 40,859 shares of Common Stock for treasury for an aggregate purchase price of $3.0 million from its employees to cover their tax withholding obligations upon the lapsing of restrictions on share awards. These shares were purchased in accordance with the terms of the Company's Share Incentive Plans and not pursuant to the repurchase authorizations granted by SEACOR's Board of Directors.
The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.
No definition available.