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Common Stock
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Common Stock

Note 11 Common Stock

 

On August 5, 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 March 31, 2017 was $12.6 million.

 

The Company had 26,715,532 and 26,386,583 shares of Class A common stock outstanding at March 31, 2017 and December 31, 2016, respectively. Additionally, the Company had 356,407 and 499,271 shares outstanding at March 31, 2017 and December 31, 2016, respectively, of restricted Class A common stock issued but not yet vested under the 2014 Omnibus Incentive 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.