Stockholders' Equity

3 Months Ended

Mar. 31, 2018

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Changes in stockholders’ equity during the three months ended March 31, 2018 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, 2017	$	172	$	107,256		$	106,599		$	(11,118	)	$	(14,855	)	$	188,054
Cumulative effect adjustment of adopting ASU 2014-09	—		—			(396		)	—			—			(396		)
Adjusted balance at December 31, 2017	172		107,256			106,203			(11,118		)	(14,855		)	187,658
Net income	—		—			2,632			—			—			2,632
Foreign currency translation adjustment	—		—			—			—			2,432			2,432
Change in fair value of interest rate cap, net of tax	—		—			—			—			148			148
Change in fair value of interest rate swap, net of tax	—		—			—			—			55			55
Repurchases of common stock	—		—			—			(7,261		)	—			(7,261		)
Stock-based compensation expense	—		698			—			—			—			698
Issuance of stock for employer contributions to retirement plan	—		4			—			707			—			711
Net issuances of stock pursuant to stock compensation plans and other	—		(589		)	—			538			—			(51		)
Balance at March 31, 2018	$	172	$	107,369		$	108,835		$	(17,134	)	$	(12,220	)	$	187,022

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, 2018 and 2017, we repurchased approximately 312,000 and 70,000 shares, respectively, of our common stock in the open market for a total cost of approximately $7.3 million and $1.7 million, respectively. As of March 31, 2018, there was approximately $4.5 million available for future repurchases under the buyback program.