STOCKHOLDERS' EQUITY

3 Months Ended

Mar. 31, 2016

Equity [Abstract]

STOCKHOLDERS' EQUITY

STOCKHOLDERS’ EQUITY

Accumulated Other Comprehensive Income

The changes in accumulated other comprehensive income are included in the table below.

	Three Months Ended March 31, 2016
	Unrealized Gains and Losses on Available-for Sale Securities			Foreign Currency Items		Total
	(In thousands)
Beginning balance	$	(15	)	$	101	$	86
Other comprehensive income before reclassifications	32			—		32
Amounts reclassified from accumulated other comprehensive income	—			—		—
Net current period other comprehensive income	32			—		32
Ending Balance	$	17		$	101	$	118

Stock Repurchase Program

On November 1, 2007, the Company announced its Board of Directors (the "Board")’ authorized the repurchase of up to $50.0 million of the Company’s common stock (“Stock Repurchase Program”). In addition, on October 22, 2014, the Board authorized another $30.0 million under the share repurchase program. The Company may repurchase its stock for cash in the open market in accordance with applicable securities laws. The timing of and amount of any stock repurchase will depend on share price, corporate and regulatory requirements, economic and market conditions, and other factors. The stock repurchase authorization has no expiration date, does not require the Company to repurchase a specific number of shares, and may be modified, suspended, or discontinued at any time.

There were no stock repurchases during the three months ended March 31, 2016 and 2015. As of March 31, 2016, the program remains available with approximately $34.4 million that may yet be purchased under the Stock Repurchase Program.