Common Stock and Treasury Stock

6 Months Ended

Jun. 30, 2017

Stockholders' Equity Note [Abstract]

Common Stock and Treasury Stock

4. Common Stock and Treasury Stock

 

The following summarizes information relating to the number of shares of our common stock issued in connection with stock transactions through June 30, 2017:

	Common Stock Issued
	Class A		Class B
	(Shares in thousands)
Balance, January 1, 2016		6,603		865
Conversion of shares		12		(12)
Issuance of restricted stock		23		25
Balance, December 31, 2016		6,638		878
Exercise of stock options		21		8
Conversion of shares		4		(4)
Forfeiture of restricted stock		(1)		—
Balance, June 30, 2017		6,662		882

We have a Stock Buy-Back Program to allow us to purchase up to $75.8 million of our Class A Common Stock. As of June 30, 2017 we have remaining authorization of $23.4 million for future repurchases of our Class A Common Stock.