Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Note)

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Shareholders' Equity (Note)
 6 Months Ended
Jun. 30, 2013
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
SHAREHOLDERS’ EQUITY
Share Repurchase Program
On September 27, 2011, HSNi’s Board of Directors approved a share repurchase program which allows HSNi to purchase 10 million shares of its common stock from time to time through privately negotiated and/or open market transactions. The timing of repurchases and actual number of shares repurchased depends on a variety of factors, including the stock price, corporate and regulatory requirements, restrictions under HSNi’s debt obligations and other market and economic conditions. The repurchase program may be suspended or discontinued by HSNi at any time. For the six months ended June 30, 2013, HSNi acquired under the program approximately 2.2 million shares of its outstanding common stock for $115.1 million at an average price of $53.43. For the six months ended June 30, 2012, HSNi acquired under the program approximately 3.9 million shares of its outstanding common stock for $145.7 million at an average price of $37.49. All shares were immediately retired upon purchase. As of June 30, 2013, approximately 1.6 million shares remained authorized for repurchase under the plan.
Dividend Policy
Effective May 2, 2013, HSNi's Board of Directors approved a cash dividend of $0.18 per common share. The dividend was paid on June 19, 2013 to HSNi's record holders as of June 5, 2013.
Effective August 1, 2013, HSNi's Board of Directors approved a quarterly cash dividend of $0.18 per common share. The dividend will be paid on September 18, 2013 to HSNi's record holders as of September 4, 2013.