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Subsequent Events
9 Months Ended
Sep. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
(In Thousands)

On October 24, 2018, the Company’s Board of Directors authorized the repurchase of up to $50,000 of the Company’s outstanding common stock, either in open market purchases or privately-negotiated transactions. The stock repurchase program will remain in effect for one year or, if earlier, the repurchase of the entire amount of common stock authorized to be repurchased by the Board. The repurchase program had no impact on the Company’s balance sheet or results of operations for the nine months ending September 30, 2018.

On October 31, 2018, the Company completed the sale of BMG, the mortgage subsidiary of Brand. The transaction did not have a material impact to the Company’s financial condition or results of operations.