TREASURY STOCK	9 Months Ended
Sep. 30, 2018
TREASURY STOCK
TREASURY STOCK	NOTE 12. TREASURY STOCK In the first quarter of 2017, the Company announced a $10 million stock repurchase program (the “$10 Million Repurchase Program”) under which approximately $4.6 million of the Company’s common stock had been repurchased as of December 31, 2017. On July 18, 2018, the Company’s Board of Directors approved an increase of approximately $7.1 million to the stock repurchase program, refreshing the total program to an aggregate of $10 million. During the nine months ended September 30, 2018, the Company repurchased 66,203 shares of its common stock on the open market for a total cost of approximately $4.0 million, or an average price per share of $60.07. The shares of the Company’s common stock repurchased during the nine months ended September 30, 2018 were returned to the Company’s treasury.

TREASURY STOCK

9 Months Ended

Sep. 30, 2018

NOTE 12. TREASURY STOCK

In the first quarter of 2017, the Company announced a $10 million stock repurchase program (the “$10 Million Repurchase Program”) under which approximately $4.6 million of the Company’s common stock had been repurchased as of December 31, 2017. On July 18, 2018, the Company’s Board of Directors approved an increase of approximately $7.1 million to the stock repurchase program, refreshing the total program to an aggregate of $10 million. During the nine months ended September 30, 2018, the Company repurchased 66,203 shares of its common stock on the open market for a total cost of approximately $4.0 million, or an average price per share of $60.07. The shares of the Company’s common stock repurchased during the nine months ended September 30, 2018 were returned to the Company’s treasury.