XML 52 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 10 - Stock Repurchase Program
6 Months Ended
Jun. 30, 2014
Disclosure Text Block [Abstract]  
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]

10.  Stock Repurchase Program


In July 2013, the Board of Directors approved a stock repurchase program that authorizes the Company to repurchase up to $100 million in the aggregate of its common stock through June 30, 2015. All shares are retired upon repurchase. The following table summarizes the repurchase activities under the program:


   

Shares Repurchased

   

Average Price Per Share

   

Total Amount

 
                   

(in thousands)

 

Cumulative balance at January 1, 2014

    663,802     $ 31.06     $ 20,615  

Repurchases

    323,789     $ 35.08       11,358  

Cumulative balance at March 31, 2014

    987,591     $ 32.38       31,973  

Repurchases

    321,764     $ 38.65       12,438  

Cumulative balance at June 30, 2014

    1,309,355     $ 33.92     $ 44,411  

As of June 30, 2014, $55.6 million remained available for future repurchases under the program.