STOCKHOLDERS' EQUITY

9 Months Ended

Sep. 30, 2019

Equity [Abstract]

STOCKHOLDERS' EQUITY

STOCKHOLDERS’ EQUITY

Accumulated Other Comprehensive Income

Changes in accumulated other comprehensive income for the three and nine months ended September 30, 2019 are as follows (in thousands):

	Unrealized Gains & Losses on Available for Sale Securities			Foreign Currency Items		Total
Balance as of June 30, 2019	$	16		$	122	$	138
Amounts reclassified from accumulated other comprehensive income	(6		)	—		(6		)
Net current period other comprehensive income	(6		)	—		(6		)
Balance as of September 30, 2019	$	10		$	122	$	132

	Unrealized Gains & Losses on Available for Sale Securities			Foreign Currency Items		Total
Balance as of December 31, 2018	$	(6	)	$	122	$	116
Amounts reclassified from accumulated other comprehensive income	16			—		16
Net current period other comprehensive income	16			—		16
Balance as of September 30, 2019	$	10		$	122	$	132

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 (the “Stock Repurchase Program”). In addition, on October 22, 2014, the Board authorized another $30.0 million under the Stock Repurchase Program. The Company may repurchase its common stock for cash in the open market in accordance with applicable securities laws. The timing 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 and nine months ended September 30, 2019 and 2018. As of September 30, 2019, the Stock Repurchase Program remains available with approximately $33.4 million of the Company's common stock that may yet be purchased under this program.