Note 9 - Capital Stock

12 Months Ended

Dec. 31, 2012

Stockholders' Equity Note Disclosure [Text Block]

Note 9 — Capital Stock

Common stock

Changes in outstanding Common Stock for the years ended December 31, 2012, 2011 and 2010 were as follows:

(In thousands of shares)	2012		2011		2010
Outstanding, beginning of year		94,498		93,143		91,673
Shares issued upon exercise of options		286		671		677
Shares issued for grants of time vested restricted stock		950		684		773
Shares issued upon vesting of performance units		-		-		20
Outstanding, end of year		95,734		94,498		93,143

Preferred stock

We are authorized to issue up to 1,000,000 shares of Preferred Stock, $0.01 par value. There was no outstanding preferred stock at December 31, 2012, 2011 or 2010.

Treasury stock

During 2012, 2011 and 2010, 104,995, 72,721 and 27,134 shares were repurchased, respectively, for an aggregate price of $0.6 million, $0.6 million, $0.2 million, respectively, representing employee shares surrendered in lieu of taxes under vesting of restricted stock awards.  All of the shares repurchased are held as treasury stock.  We record treasury stock purchases under the cost method whereby the entire cost of the acquired stock is recorded as treasury stock.

During 2012, 2011 and 2010, 34,724, 35,646 and 59,804 shares of treasury stock were re-issued, respectively, pursuant to our employee stock purchase plan.

Share repurchase program

In February 2012, our Board of Directors approved a share repurchase program that authorized the repurchase of up to $50.0 million of our outstanding shares of common stock.  During 2012, we executed the full $50.0 million of repurchases authorized, purchasing 7,241,693 shares for an aggregate price of approximately $6.92 per share, including commissions. All of the shares repurchased are held as treasury stock.  We record treasury stock purchases under the cost method whereby the entire cost of the acquired stock is recorded as treasury stock.