Subsequent Events |
6 Months Ended |
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Jun. 30, 2019 | |
| Subsequent Events | |
| Subsequent Events |
NOTE 15. SUBSEQUENT EVENTS On and effective July 1, 2019, the Company completed the USAA AMCO Acquisition. In connection with our entry into the 2019 Credit Agreement, we repaid all indebtedness outstanding under the 2018 Credit Agreement dated as of February 12, 2018. For further discussion regarding the USAA AMCO Acquisition and related entry into and termination of credit agreements, refer to Note 4, Acquisitions, to the accompanying financial statements Subsequent to June 30, 2019, we repaid $20.0 million of the outstanding term loans under the 2019 Credit Agreement, thereby reducing the principal amount to $1.08 billion. On August 12, 2019, we announced the initiation of a quarterly cash dividend of $0.05 per share of our common stock, beginning in the third quarter of 2019.
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