Stock Dividends

6 Months Ended

Jun. 30, 2011

Stock Dividends

Stock Dividends

(9) The increase in common stock during the six months ended June 30, 2011, was primarily due to the issuance of 826,375 shares of the Company's common stock under its stock-based compensation plans. The Company announced a $0.01 per share increase in its quarterly cash dividend rate during the first quarter of 2011, which resulted in a recorded cash dividend of $0.12 per share in the first and second quarters of 2011. The second quarter dividend of approximately $17,174,000, was declared on June 8, 2011 and was paid on July 22, 2011.