Shares & Dividends

3 Months Ended

Mar. 31, 2013

Dividends, Stock [Abstract]

Shares & Dividends

The increase in common stock during the three months ended March 31, 2013, was primarily due to the issuance of 507,677 shares of the Company’s common stock under the Company’s stock-based compensation plans. The Company announced a $0.01 per share increase in its quarterly cash dividend rate during the first quarter of 2013, which resulted in a recorded cash dividend of $0.14 per share. The first quarter dividend of approximately $20,102,000 was declared on February 19, 2013, and was paid on April 19, 2013.