Note 10 - Stock Repurchase Program

6 Months Ended

Jun. 30, 2012

Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]

10.          Stock Repurchase Program

On July 27, 2010, the Board of Directors approved a stock repurchase program that authorized MPS to repurchase up to $50.0 million in the aggregate of its common stock between August 2, 2010 and December 31, 2011. In February 2011, the Board of Directors approved an increase from $50.0 million to $70.0 million. From August 2010 through June 2011, the Company repurchased 4,385,289 shares for a total of $70.0 million. During the six months ended June 30, 2011, the following shares have been repurchased through the open market and subsequently retired:

2011 Calendar Year	Shares Repurchased		Average Price Per Share		Value (in thousands)
February		817,500	$	15.47	$	12,648
March		75,000	$	14.17	$	1,062
April		917,200	$	14.82	$	13,617
May		657,800	$	16.48	$	10,843
June		18,000	$	16.79	$	302
		2,485,500			$	38,472