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Common Stock
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Common Stock

Note 11 Common Stock

 

On January 21, 2016, the Board of Directors authorized a new share repurchase program for up to $50.0 million from time to time in either the open market or through privately negotiated transactions. The remaining authorization under this program as of June 30, 2016 provides a total $23.2 million.

 

The Company had 28,810,883 shares of Class A common stock outstanding as of June 30, 2016, and 30,358,509 shares of Class A common stock outstanding as of December 31, 2015. Additionally, as of June 30, 2016 and December 31, 2015, the Company had 830,418 and 836,031 shares, respectively, of restricted Class A common stock issued but not yet vested under the 2014 Plan and the Prior Plan that are not included in shares outstanding until such time that they are vested; however, these shares do have voting and certain dividend rights during the vesting period.