XML 32 R24.htm IDEA: XBRL DOCUMENT v3.3.0.814
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2015
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
Changes in stockholders’ equity during the nine months ended September 30, 2015 were as follows (in thousands):
 
Common
stock
 
Additional
paid-in
capital
 
Retained
earnings
 
Treasury
stock
at cost
 
Accumulated
other
comprehensive
loss
 
Total
stockholders’
equity
Balance at December 31, 2014
$
171

 
$
104,523

 
$
54,809

 
$
(381
)
 
$
(7,397
)
 
$
151,725

Net income

 

 
12,537

 

 

 
12,537

Foreign currency translation adjustment

 

 

 

 
(3,794
)
 
(3,794
)
Repurchases of common stock

 

 

 
(6,594
)
 

 
(6,594
)
Stock-based compensation expense

 
2,212

 

 

 

 
2,212

Issuance of stock for employer contributions to retirement plan

 
681

 

 
1,359

 

 
2,040

Net issuances of stock pursuant to stock compensation plans and other
1

 
(502
)
 

 
612

 

 
111

Balance at September 30, 2015
$
172


$
106,914


$
67,346


$
(5,004
)

$
(11,191
)

$
158,237



Stock Repurchase Program

We have a share repurchase program under which we may repurchase shares of our common stock from time to time in the open market, subject to prevailing business and market conditions and other factors. During the three and nine months ended September 30, 2015, we repurchased approximately 222,000 and 255,000 shares, respectively, of our common stock in the open market for a total cost of approximately $5.5 million and $6.6 million, respectively. As of September 30, 2015, there was approximately $8.4 million available for future repurchases under the buyback program.