Note 5 - Stockholders' Equity

6 Months Ended

Jun. 30, 2013

Stockholders' Equity Note Disclosure [Text Block]

Stockholders' Equity Note Disclosure [Text Block]

(5)          STOCKHOLDERS’ EQUITY

Repurchases of Equity Securities

On December 11, 2012, our Board of Directors approved a stock repurchase program for up to a total of $100.0 million of our issued and outstanding Class A common stock. Repurchases can be made from time to time using a variety of methods, which may include open market purchases or purchases through a Rule 10b5-1 trading plan, or in privately negotiated transactions, all in accordance with Securities and Exchange Commission and other applicable legal requirements. The specific timing, price and size of purchases will be determined by our management based on prevailing stock prices, general economic and market conditions and other considerations. The repurchase program does not obligate us to acquire any particular amount of common stock and may be suspended or discontinued at any time.

The value of the common stock repurchased, along with number of shares repurchased, and average price paid per share for the six months ended June 30, 2013 are as follows:

Repurchase of Equity Securities
Period	Total Number of Common Shares Repurchased		Average Price Paid Per Common Share		Total Number of Common Shares Purchased as Part of Publicly Announced Plans or Programs		Maximum Number (or Approximate Dollar Value) of Common Shares that May Yet Be Purchased Under the Plans or Programs
							(in thousands)
January 1 - 31		215,746	$	34.65		251,146	$	91,319
February 1 - 28		102,473	$	37.73		353,619	$	87,450
March 1 - 31		20,000	$	35.27		373,619	$	86,745
April 1 - 30		-		-		-	$	86,745
May 1 - 31		-		-		-	$	86,745
June 1 - 30		-		-		-	$	86,745

Dividends

In December 2012, our Board of Directors declared an annual cash dividend on our Class A common stock of $1.00 per share. While the declaration of dividends is at the discretion of our Board of Directors, we intend to pay a recurring quarterly cash dividend of $0.25 per share beginning in 2013. The Board of Directors declared the following dividends for the six months and quarters ended June 30:

	Six Months Ended June 30, 2013		Six Months Ended June 30, 2012		Quarter Ended June 30, 2013		Quarter Ended June 30, 2012
Dividends Declared (in thousands)	$	13,184	$	-	$	6,622	$	-
Dividend per share	$	0.50	$	-	$	0.25	$	-