Stockholders' Equity

3 Months Ended

Mar. 31, 2017

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Changes in stockholders’ equity during the three months ended March 31, 2017 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, 2016	$	172	$	106,569		$	93,845		$	(11,628	)	$	(21,462	)	$	167,496
Net income	—		—			4,086			—			—			4,086
Cumulative effect adjustment of adopting ASU 2016-09	—		234			(137		)	—			—			97
Foreign currency translation adjustment	—		—			—			—			1,011			1,011
Change in fair value of interest rate swap	—		—			—			—			(55		)	(55		)
Repurchases of common stock	—		—			—			(1,674		)	—			(1,674		)
Stock-based compensation expense	—		796			—			—			—			796
Issuance of stock for employer contributions to retirement plan	—		(51		)	—			713			—			662
Net issuances of stock pursuant to stock compensation plans and other	—		(590		)	—			455			—			(135		)
Balance at March 31, 2017	$	172	$	106,958		$	97,794		$	(12,134	)	$	(20,506	)	$	172,284

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 months ended March 31, 2017 and 2016, we repurchased approximately 70,000 and 181,000 shares, respectively, of our common stock in the open market for a total cost of approximately $1.7 million and $4.3 million, respectively. As of March 31, 2017, there was approximately $4.4 million available for future repurchases under the buyback program.