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Note 8 - Stock Repurchase Program
12 Months Ended
Dec. 31, 2014
Disclosure Text Block [Abstract]  
Repurchase Agreements, Resale Agreements, Securities Borrowed, and Securities Loaned Disclosure [Text Block]

 8. 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 (in thousands, except per share amounts):


   

Shares Repurchased

   

Average Price

Per Share

   

Total Amount

 

Cumulative balance at January 1, 2014

    664     $ 31.06     $ 20,615  

Repurchases

    1,051     $ 39.19       41,198  

Cumulative balance at December 31, 2014

    1,715     $ 36.04     $ 61,813  

As of December 31, 2014, $38.2 million remained available for future repurchases under the program.