Note 6 - Stockholders' Equity

9 Months Ended

Sep. 30, 2014

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

(6)     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 SEC 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.

In late 2012 and early 2013, we paid $13.3 million to repurchase 373,619 shares of our common stock. In 2014 we purchased 264,354 shares and paid $9.6 million. The value of the common stock repurchased, along with number of shares repurchased, and average price paid per share for the nine months ended September 30, 2014 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		-		-		-	$	86,745
February 1 - 28		-		-		-	$	86,745
March 1 - 31		-		-		-	$	86,745
April 1 - 30		-		-		-	$	86,745
May 1 - 31		-		-		-	$	86,745
June 1 - 30		-		-		-	$	86,745
July 1 - 31		-		-		-	$	86,745
August 1 - 31		77,700	$	39.05		451,319	$	83,711
September 1 - 30		186,654	$	35.48		637,973	$	77,088

Dividends

The Board of Directors declared the following dividends for the nine months and quarters ended September 30, 2014 and September 30, 2013:

	Nine Months Ended		Nine Months Ended		Quarter Ended		Quarter Ended
	September 30, 2014		September 30, 2013		September 30, 2014		September 30, 2013
Dividends Declared (in thousands)	$	19,982	$	19,821	$	6,644	$	6,634
Dividend per share	$	0.75	$	0.75	$	0.25	$	0.25