DIVIDENDS PER SHARE

3 Months Ended

Mar. 31, 2012

DIVIDENDS PER SHARE [Abstract]

DIVIDENDS PER SHARE

3.       DIVIDENDS PER SHARE

In January 2012, the Company’s board of directors declared quarterly cash dividend of $0.20 per share. This quarterly cash dividend totaling $12.5 million was paid on March 14, 2012, to stockholders of record on February 24, 2012. In April 2012, the Company’s board of directors declared a quarterly cash dividend of $0.20 per share to be paid June 13, 2012 to stockholders of record on May 25, 2012.