Note 5 - Shareholders' Equity

3 Months Ended

Mar. 31, 2015

Shareholders' Equity and Share-based Payments [Text Block]

(5)	SHAREHOLDERS' EQUITY :

On February 18, 2015, the board of directors of Steiner Leisure (the “Board”) approved a new share repurchase plan under which up to $100.0 million of Steiner Leisure common shares can be purchased. In connection with the new repurchase authorization, the repurchase plan approved by the Board in February 2013 was terminated. During the three months ended March 31, 2015 and 2014, respectively, we purchased approximately 204,000 and 20,000 shares, with a value of approximately $9.4 million and $0.9 million, respectively. Of those shares purchased, 5,000 and 20,000 shares for the three months ended March 31, 2015 and 2014, respectively, were surrendered by our employees in connection with the vesting of restricted share units and used by us to satisfy payment of our minimum federal income tax withholding obligations in connection with these vestings. These share purchases were outside of our repurchase plan.